CORPUS CHRISTI, Texas – More than 44 million borrowers in the United States share $1.28 trillion in outstanding student loan debt, according to the Federal Reserve. This means that choosing the right university is more important than ever. Thankfully, Texas A&M University-Corpus Christi was recently ranked 12 out of 56 universities and colleges in the state of Texas with “low graduate student debt” by The Student Loan report. The ranking included both public and private institutions.
“The Island University awards $54,000,000 in financial aid and scholarships each semester,” said Jeannie Gage, Director of the Office of Student Financial Assistance at Texas A&M-Corpus Christi. “We work hard to try and give all students the best possible financial aid award package and to educate them, as well as their parents on loans.”
In this recent ranking, A&M-Corpus Christi’s average debt per graduate student was $11,395, with 64 percent of students graduating with student debt. This highest debt in Texas was $39,452 and the lowest was $2,258 per graduate, according to the Student Loan Report.
“All of the proactive efforts we put into educating our students and their family members on responsible borrowing are working,” explained Gage. “This is great because our students will know that they can leave our University with a first-rate education and a student loan debt below the national average.”
The Office of Student Financial Assistance encourages all students to complete free applications for Federal Student Aid (FAFSA) and scholarship applications. Students who need help filling out applications can visit the FAFSA lab in the Student Services Center.