Texas A&M Financial Aid to Counteract Tuition Increase

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The cost of tuition at Texas A&M University is set to increase again this fall.

Officials call the increase of 5.3 percent moderate, but student financial aid says they will counteract the financial burden.

The amount of money available at student financial aid will increase as well.

"The increase might be impacting students a little bit," Lynn Barnes, Student Financial Aid Director of Special Programs said. "Fortunately the increase was pretty modest. The good news is a lot of that does come back to the students in that regard it softens the blow a little bit."

Texas A&M's financial aid department gives out $420 million in the form of scholarships, grants and loans every year.