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By Mario Ismailanji |
|
Comments Off on Week Ahead on Wall Street: What The Fed
All eyes are on the Federal Reserve’s June meeting this week. While no change in interest rates is expected, the tone and tenor of this gathering will still go a long way in determining market direction this summer.
Economic growth has been weaker than expected (bad) while inflation, a key focus for the central bank, has shown a welcome deceleration (good). This combination suggests that the disinflationary trend may be gaining traction, despite the specter of tariff-related price hikes. It remains to be seen how and when tariffs will appear in the data, which creates a delicate balance for policymakers.
Ongoing uncertainty means that investors will pay extra attention to the Fed’s quarterly Summary of Economic Projections (SEP). Released alongside the policy statement, the SEP provides a look into where individual (anonymous) Fed officials see growth, unemployment, and inflation heading.
Most importantly for markets, it includes the “dot plot,” which maps out their respective expectations for the future path of interest rates.
Given the crosscurrents of slowing growth and uncertainty about inflation, the Fed’s updated forecasts and Chair Jerome Powell’s commentary will be scrutinized for any shift in outlook. How they message their confidence—or concerns—about the path forward will go a long way in determining if stocks can continue rallying or if the music is about to stop.
Economic and Earnings Calendar
Monday
• June Empire State Manufacturing Activity: The New York Fed’s survey of manufacturing executives in the region on business conditions and their outlook.
• Earnings: Lennar (LEN)
Tuesday
• May Retail Sales: This measures spending at retail stores and is a key indicator of consumer demand.
• May Import/Export Price Indexes: These indexes track the changes in the prices of nonmilitary goods and services traded between the U.S. and the rest of the world.
• June New York Services Activity: The New York Fed’s survey of manufacturing executives in the region on business conditions and their outlook.
• May Industrial Production and Capacity Utilization: The industrial sector accounts for much of the cyclical swings in economic activity.
• June NAHB Housing Market Index: This index tracks how homebuilders feel about the current and future state of the single-family housing market.
• Earnings: Jabil (JBL)
Wednesday
• May Building Permits and Housing Starts: Construction data is a leading indicator of economic activity.
• FOMC Interest Rate Decision: The Federal Reserve will announce any changes to monetary policy after the conclusion of its two-day FOMC meeting, in addition to providing commentary on the economy. It’s one of eight regularly scheduled meetings per year.
• Weekly Mortgage Applications: Mortgage activity gives insight on demand conditions in the housing market.
• Weekly Jobless Claims: This high frequency labor market data gives insight into filings for unemployment benefits. Jobless claims have continued to show a labor market that remains strong despite having cooled.
Thursday
• Markets are closed on Juneteenth.
Friday
• June Philadelphia Fed Manufacturing Activity: The Philadelphia Fed’s survey of manufacturing executives in the region on business conditions and their outlook.
• May Leading Economic Index: This is an index composed of various economic indicators that have historically led changes in the broader economy.
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Vanderbilt University, located in Nashville, Tennessee, is a prestigious private research university founded in 1873. Top-ranked in academics, Vanderbilt offers undergraduate programs in the liberal arts and sciences, engineering, music, education and human development. The school also stands out for its commitment to experiential and interdisciplinary learning, and highly ranked graduate programs of law, education, business, medicine, and nursing.
Total Cost of Attendance
The total cost of attendance at Vanderbilt University (also known as Vanderbilt and VU) in 2024-25 was $94,142, which is significantly higher than the national average of $60,420 at private colleges.
Here’s a look at how those costs breakdown:
Costs for 2024-2025
Tuition & Fees
$67,498
Books & Supplies
$1,194
Room & Board (On-Campus)
$22,054
Other Expenses
$3,396
Total Cost of Attendance
$94,142
Financial Aid
Vanderbilt is need-blind when reviewing applications, which means a student’s financial need will not influence an admission decision. In fact, around 70% of Vanderbilt students use financial aid to help cover the tuition and other costs. This may be scholarships, grants, student loans, or a combination of these.
Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
Some students take out student loans to help cover Vanderbilt tuition and other costs: 9% take out federal loans, and 2% get private student loans (with an average amount of $33,591).
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
The total cost to attend Vanderbilt University for four years — including tuition and fees, room and board, books, and other expenses — would be $376,568 (based on 2024-25 numbers). This is much higher than the national average of $241,680 for four years at a private university.
Vanderbilt University undergraduate tuition and fees for 2024-25 were $67,498, which represents a 5.6% increase over 2023-24.
Graduate Tuition and Fees
Costs for 2024-25
• Average tuition: $56,376
• Fees: $1,492
Tuition and fees for graduate students at Vanderbilt for 2024-25 averaged $57,868. This is substantially higher than the average cost of graduate school tuition and fees in the U.S., which is $22,430 per year.
There are graduate loans available to help with these costs.
Cost per Credit Hour
Assuming a student takes 15 credits per semester, the cost per credit hour is $2,249 for undergraduate students at VU. This includes tuition and fees.
Campus Housing Expenses
All unmarried undergraduate students must live in residence halls on campus. (Authorization to live off campus is only granted in special circumstances or when space is unavailable on campus.)
Costs for 2022-23
• Estimated on-campus housing and food expenses: $22,054
• Estimated other living expenses: $3,396
Total living expenses for the 2024-24 academic year were estimated at $25,450.
Vanderbilt University Acceptance Rate
Fall 2023
Number of Applications
45,313
Number Accepted
2,719
Percentage Accepted
6%
The Vanderbilt University acceptance rate is 6%, which makes the school extremely selective.
Admission Requirements
Here’s what you’ll need to apply to Vanderbilt as a first-year student:
• All required parts of the Common Application or Coalition, powered by Scoir, including the personal essay and short answer
• $50 nonrefundable application fee, or fee waiver for qualified students
• Official high school transcript
• Counselor letter of recommendation
• Two academic teacher letters of recommendation
Optional materials:
• SAT or ACT scores
• Schoolhouse.world portfolio (may be uploaded via MyAppVU portal)
• U.S. citizens (including undocumented students, attending high school in the U.S.) may submit a 60-90 second video through Glimpse.
Here are the application deadlines:
• Early Decision I: November 1 (with admission decisions available mid-December)
• Early Decision II: January 1 (with admission decisions available mid-February)
• Regular Decision: January 1 (with admission decisions available late March)
SAT and ACT Scores
Though submitting test scores is optional at Vanderbilt, it can be helpful to know the average scores of other students who chose to submit their scores.
Here are the standardized test scores of students who enrolled in Fall 2023 at the 25th and 75th percentiles.
Subject
25th Percentile
75th Percentile
SAT Evidence-Based Reading/Writing
740
770
SAT Math
770
790
ACT Composite
34
35
ACT English
35
36
ACT Math
32
35
Popular Majors at Vanderbilt University
With more than 100 majors and minors to choose from, across more than 70 fields of study, students may have a tough time narrowing it down. Here are some of the most popular majors at Vanderbilt.
1. Economics
The most popular major in the College of Arts and Science, the B.S. in economics offers a foundation in both micro and macroeconomics and econometrics. Students can also customize their coursework by choosing classes in other departments and through study abroad. Graduates often go on to complete their MBAs after working for several years in fields like banking, manufacturing, or startups.
Undergraduate degrees in 2023-24: 247
2. Computer Science
Computer science majors follow an interdisciplinary curriculum designed to meet real-world demands and prepare students for careers in computer science and related fields. The program includes core courses in data structures, intermediate software design, and algorithms, as well as technical electives in areas like artificial intelligence, data visualization, and machine learning.
Undergraduate degrees in 2023-24: 153
3. Neuroscience
Neuroscience is an interdisciplinary major that provides a comprehensive education in the study of the nervous system. It offers a variety of courses in biology, psychology, chemistry, and other related fields, allowing students to develop a deep understanding of brain function. Students also have the opportunity to participate in research and collaborate with faculty members. Graduates typically pursue careers in medicine, biomedical research, dentistry, and psychology.
Undergraduate degrees in 2023-24: 62
4. Political Science
The Political Science major provides a comprehensive education in government, politics, and public policy, focusing on understanding political systems and analyzing current events. The program equips students with the knowledge and skills to critically evaluate political issues and offers a strong foundation for further education or careers in law, government, foreign affairs, market research, education, and private industry.
Undergraduate degrees in 2023-24: 55
5. Mechanical Engineering
The Mechanical Engineering program provides a strong foundation in mechanical engineering principles, design, analysis, and manufacturing. Students also gain practical skills through hands-on lab work and research opportunities. The program emphasizes critical thinking, problem-solving, and innovation, preparing graduates for various industries and research roles.
Undergraduate degrees in 2023-24: 54
6. Biomedical Engineering
The biomedical engineering major is a challenging and innovative program that combines engineering principles with biological sciences to solve problems in health care and medicine. Students develop and design medical devices, systems, and processes, focusing on both fundamental research and clinical applications. The program benefits from its close proximity to the Vanderbilt Medical Center, offering impactful research opportunities for students.
Undergraduate degrees in 2023-24: 51
7. Psychology
The psychology major focuses on understanding the human brain, behavior, and cognitive processes. It’s a broad-based program that covers clinical science, human cognition, developmental psychology, social psychology, and neuroscience. Students have opportunities to participate in research, both as subjects and as investigators. Graduates typically pursue careers in counseling, psychiatry, neuroscience, business, or education.
Undergraduate degrees in 2023-24: 47
8. Cognitive Studies
The cognitive studies major is an interdisciplinary program that explores the workings of the mind and brain, examining their relationship to each other and to the world. It’s an interdisciplinary field that draws on elements of computer science, philosophy, neuroscience, and psychology.
Undergraduate degrees in 2023-24: 45
9. Mathematics
The mathematics major offers several tracks, including a standard, applied, and honors program. Students in the standard track focus on both pure and applied mathematics, while the applied track allows for more concentration in areas like statistics and modeling. Graduates often go on to careers in medicine, engineering, finance, and computer science.
Undergraduate degrees in 2023-24: 41
10. Molecular and Cellular Biology
Students who major in molecular and cellular biology gain a deep understanding of how organisms function at the cellular and molecular level. They have access to extensive research opportunities, thanks to numerous on-site research centers and labs. This major is a good choice for those interested in biological and biomedical research or medicine.
Undergraduate degrees in 2023-24: 36
Graduation Rate
The vast majority of Vanderbilt students complete their degree in four years. But some students take longer. Here are the graduation rates for students who began at the school in 2017.
• 4 years: 97%
• 6 years: 93%
Post-Graduation Median Earnings
The average annual salary for Vanderbilt University graduates is $91,000. This is significantly higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.
Bottom Line
Vanderbilt University is a sought-after private college that is difficult to get into and offers a world-class education. Tuition is on the upper end, but more than two-thirds of Vanderbilt undergraduates receive some sort of financial aid, including need-based grants, merit scholarships, and student loans. Graduates typically earn a higher salary than the average.
If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.
Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.
SoFi Private Student Loans Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
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Founded in 1787, the University of Pittsburgh is a well regarded public research institution with numerous accolades. In 2025, the university tied for the #32 spot on the national list of top public universities by U.S. News & World Report.
Total Cost of Attendance
The University of Pittsburgh tuition for Pennsylvania residents was $21,926 in 2024-25. This is almost double the national average of $11,260 for in-state tuition at public institutions. For out-of-state residents, Pitt tuition was $41,430, which is higher than the national average of $29,150 for out-of-state residents. Fortunately, there is Pitt financial aid available.
Costs for 2024-2025
Student Type
In-State
Out-of-State
Tuition & Fees
$21,926
$41,430
Books & Supplies
$596
$596
Room & Board
$13,620
$13,620
Other Expenses
$3,014
$3,014
Total Cost of Attendance
$39,156
$58,660
Financial Aid
The majority of students, 84%, receive some form of Pitt financial aid, including scholarships, grants, loans, or a combination.
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
Of those who take out student loans, approximately 20% have private student loans to help cover the University of Pittsburgh cost. The private loans average $12,551 or higher.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
The University of Pittsburgh cost for four years, based on 2024-25 numbers, would be $156,624 for Pennsylvania students. This is substantially higher than the average tuition and all costs of public universities of $115,360 for in-state students.
For residents of other states, the four-year cost would be $234,640, which is also higher than the national average of $186,920 for out-of-state tuition and other expenses.
The combined cost of Pitt tuition and fees plus room and board for in-state students was $33,440 in 2022-23. The cost was $49,680 for residents of other states.
Graduate Tuition and Fees
Costs for 2024-25
Student Type
In-State
Out-of-State
Tuition
$26,350
$45,556
Fees
$1,230
$1,230
Total
$27,580
$46,786
University of Pittsburgh tuition and fees for graduate school was $27,580 for state residents and $46,786 for those from out of state. The overall national average for master’s degrees is $21,730 per year.
There are many options for graduate loans that can help with these costs.
Cost per Credit Hour
The cost per credit hour for in-state students was approximately $1,142 in 2024-25. The cost was approximately $2,225 for non-Pennsylvania residents.
Campus Housing Expenses
Costs for 2024-25
Student Type
On-Campus
Off-Campus
Room & Board
$13,620
$1,180/mo*
Other Expenses
$3,014
$3,014
*Based on one-bedroom pricing. Average rate based on available apartments on the University of Pittsburgh’s off-campus housing website in 2025.
At Pitt, freshmen can live on campus in first-year dorm-style housing. Upperclassmen have the option to live in apartment-style residences or off-campus.
University of Pittsburgh Acceptance Rate
Fall 2023
Number of Applications
Number Accepted
Percentage Accepted
58,416
29,208
50%
The acceptance rate at the University of Pittsburgh was 50% in 2023.
Admission Requirements
Here’s what you’ll need to apply to the University of Pittsburgh.
Required:
• Secondary school record, or SRAR (self-reported academic record)
• Personal statement (required for scholarship consideration and test-optional applicants as of 2025)
• English proficiency test may be required
Recommended:
• Personal statement (for those who are not being considered for scholarships or who are providing test scores)
• SAT or ACT scores
Good news for prospective students: Pitt operates on a rolling admission schedule, which means there are no deadlines to apply.
SAT and ACT Scores
The University is currently test-optional. As of Fall 2023, 41% of applicants submitted SAT scores and 12% submitted ACT scores. Here are the standardized test scores at the 25th and 75th percentile.
Subject
25th Percentile
75th Percentile
SAT Evidence-Based Reading/Writing
640
720
SAT Math
630
730
ACT Composite
29
33
ACT English
27
35
ACT Math
26
31
Popular Majors at University of Pittsburgh
With more than 100 undergraduate degree options, you’ll have plenty to choose from when deciding what to study at the University of Pittsburgh. These are the most popular majors.
1. Psychology
Psychology students learn how to apply analytical and research skills in a variety of real-world experiences like field placement, directed research, or a teaching assistantship. Coursework covers areas such as Clinical, Cognitive, Developmental, Health, and Social Psychology.
Undergraduate degrees in 2023-24: 446
2. Nursing
Nursing majors will study Anatomy, Physiology, Nutrition, Nursing Management, and more. They’ll also work in clinical settings to gain real-world experience in the field.
Undergraduate degrees in 2023-24: 308
3. Biological Sciences
Students in this program dive into topics like Ecology, Genetics, Biochemistry, and Chemistry. This helps prepare them to work in biological and pharmaceutical supply industries, biological or medical research, scientific libraries, scientific journalism, and other fields.
Undergraduate degrees in 2023-24: 308
4. Computer Science
Computer Science students can choose to focus their studies on Artificial Intelligence, Software Engineering, Data Science, Security, or High-Performance Systems. They’ll also participate in internships and research opportunities.
Undergraduate degrees in 2023-24: 195
5. Finance
Finance majors get access to the Financial Analysis Laboratory, a 3,000-square-foot facility that simulates the trading floor of an investment bank or financial firm. Using the analytical tools and strategies they’ve learned, students make real-time financial decisions.
Undergraduate degrees in 2023-24: 182
6. Neuroscience
After getting a foundation in Biological Sciences, Chemistry, Mathematics, and Physics, students in this program go on to take courses like Intro to Neuroscience, Brain and Behavior, Functional Neuroanatomy, Neurophysiology, and more.
Undergraduate degrees in 2023-24: 169
7. Marketing
Those pursuing a Bachelor of Science degree in Marketing will take such classes as Marketing Research, Principles of Selling, Public Relations Management, Digital and Social Media Marketing, Services Marketing, and Electronic Commerce.
Undergraduate degrees in 2023-24: 165
8. Mechanical Engineering
Mechanical Engineering students study Probability & Statistics for Engineers, Engineering Economic Analysis, Automatic Controls, Mechatronics, Principles of Electromechanical Sensors and Actuators, Digital Control Systems, and more.
Undergraduate degrees in 2023-24: 146
9. Economics
The University of Pittsburgh offers several degrees in Economics, including a BA in Economics, as well as a BS in Economics-Statistics, Economics-Business, or Mathematics-Economics. Students have the opportunity to participate in research projects. Quantitative economics is an especially popular program currently.
Undergraduate degrees in 2023-24: 146
10. Rehabilitation Science
In this program, you’ll study Anatomy, Physiology, Kinesiology, Research Methodology, Neuroscience, Disability Rights, among other courses. You also have the option to specialize in Assistive Technology, Pathokinesiology, or Psycho-Social Issues in Rehabilitation and Personal Care.
Undergraduate degrees in 2023-24: 144
Graduation Rate
Here are the graduation rates at Pitt for those who started attending in Fall 2017.
• 4 years: 71%
• 6 years: 84%
Post-Graduation Median Earnings
Students earning a Bachelor’s degree at the University of Pittsburgh can expect to earn, on average, $66,125 per year. This figure is just slightly lower than the national average of $68,516 a year.
Bottom Line
The University of Pittsburgh tuition can be higher than the tuition at some other schools. However, the fact that the school is ranked highly as a public university may make it worth the price of admission, as does its array of offerings. Fortunately, there are plenty of financial aid options that could help make the cost of a U Pitt education more affordable for you, such as federal and/or private student loans.
SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.
SoFi Private Student Loans Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
Located in Lubbock, Texas Tech University (TTU) is a public research institution and flagship campus of the Texas Tech University System. TTU operates on a semester calendar and is known for its commitment to research, student engagement, and community impact.
This guide will detail TTU’s tuition and mandatory fees for both in‐state and out‐of‐state students, explore financial aid opportunities, and summarize acceptance rates and admission requirements to help you plan your academic and financial journey at Texas Tech.
Total Cost of Attendance
In 2024-25, Texas Tech tuition for in-state students was $11,852, which is slightly more than the national average of $11,260 at public institutions. For students from other states, Texas Tech tuition was $24,451, which is less than the national average for out-of-state tuition of $29,150.
Costs for 2024-2025
Student Type
In-State
Out-of-State
Tuition & Fees
$11,852
$24,451
Books & Supplies
$1,200
$1,200
Food & Housing
$10,742
$10,742
Other Expenses
$4,731
$4,731
Total Cost of Attendance
$28,525
$41,124
Financial Aid
To help with the cost of tuition, room and board, and other expenses, 86% of students receive Texas Tech financial aid. This TTU financial aid may come as scholarships, grants, and/or student loans.
Generally, financial aid is monetary assistance awarded to students based on personal needs or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships:Scholarships can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.
• Grants: Grants are generally based on financial need. These can come from federal, state, private, and nonprofit organizations.
• Work-study:Federal Work-Study provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans:Federal student loans are money borrowed directly from the U.S. Department of Education. They come with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA®) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
Of the students who take out student loans, 42% have federal student loans, while 10% take out private loans averaging $15,172.
Private student loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
The total undergrad cost to attend TTU for four years, including Texas Tech tuition and fees, room and board, books, and other expenses, would be $114,100, based on 2024-25 numbers. For out-of-state students, the cost would be $164,496 for four years.
Compared to the national average for four years of in-state tuition and fees at public universities of $115,360, Texas Tech is slightly less. However, the cost for out-of-state students is more than $20,000 less than the national four-year average of $186,920.
Texas Tech tuition and fees, plus books and supplies, total $13,052 for Texas residents and $25,651 for residents from other states.
Graduate Tuition and Fees
Costs for 2024-25
Student Type
In-State
Out-of-State
Tuition
$6,956
$15,356
Fees
$2,562
$2,562
Total
$9,518
$17,918
To attend Texas Tech University for graduate school, Texas residents paid $9,518 for tuition and fees in 2024-25. For residents of other states, the total was $17,918.
There are many options for graduate loans that can help with these costs.
Cost per Credit Hour
The cost per credit hour for part-time Texas Tech students is $298 for those in state, and $718 for those from other states.
Campus Housing Expenses
Costs for 2024-25
Student Type
On-Campus
Off-Campus
Room & Board
$10,742
$489+/mo*
Other Expenses
$4,731
$4,731
*Based on one-bedroom pricing. Average rate based on available apartments near Texas Tech University in 2025.
At Texas Tech, first-year students are required to live on campus in one of 18 traditional residence halls, five apartment and suites residences, or the Honors pod.
The acceptance rate at Texas Tech University was 68% in 2021.
Admission Requirements
Here’s what’s required and what’s recommended with your application to TTU.
Required:
• Self-Report Academic Record (SRAR)
Recommended:
• SAT or ACT scores
• Essay(s)
• Letter(s) of recommendation
• Work experience
The deadline for Priority Applications is June 1 for summer and fall applicants.
SAT and ACT Scores
How do your test scores stand up to those of other TTU applicants? While scores aren’t currently required, seeing what other students got on the standardized tests is helpful.
Subject
25th Percentile
75th Percentile
SAT Evidence-Based Reading/Writing
550
640
SAT Math
540
630
ACT Composite
22
28
ACT English
21
27
ACT Math
21
27
Popular Majors at Texas Tech University
TTU offers a wide range of undergraduate degree programs to choose from — more than 150 in all. Here are the most popular majors.
1. Psychology
In this program, you’ll learn about experimental, theoretical, and applied psychology. You’ll also be given the opportunity to participate in various research and service activities with faculty members.
Undergraduate degrees in 2023-24: 388
2. Family and Consumer Sciences Education
This program will prepare you to become a family and consumer sciences teacher to middle school, high school, and community college students. Courses include Theories of Human Development and Family Sciences, The Science of Food, and Introduction to Hospitality and Retail Management.
Undergraduate degrees in 2023-24: 379
3. Marketing
Those interested in the marketing degree program will take courses in Marketing Research and Analysis, Marketing Strategy, Services Marketing, and International Commerce.
Undergraduate degrees in 2023-24: 363
4. Kinesiology
Kinesiology students study the foundations of human movement and physical activity with courses like Motor Learning, Anatomical Kinesiology, and Lifespan Motor Development. They can opt for an accelerated bachelor’s to master’s program if they wish.
Undergraduate degrees in 2023-24: 314
5. Finance
Finance majors take courses like Corporate Finance; Valuation, Options and Futures; Advanced Financial Methods; and Real Estate Analysis. They have the option to enroll in the Accelerated BBA to MS Finance program.
Undergraduate degrees in 2023-24: 271
6. Education
In the TTU education department, you can earn your Bachelor of Science degree with one of several concentrations, including Elementary Distance Programs, Middle-Level English Language Arts, Middle-Level Math, Middle-Level Science, and Secondary English.
Undergraduate degrees in 2023-24: 263
7. Mechanical Engineering
As a mechanical engineering student, you’ll take courses like Computational Thinking with Data Science; Engineering Design Graphics, Statistics, Solid Mechanics; and Materials and Mechanics Laboratory. The BS degree program also comes with an optional concentration in Aerospace.
Undergraduate degrees in 2023-24: 246
8. Biology
Biology majors will study Organic Evolution, Cell Biology, Organic Chemistry, Statistical Methods, and more. They can also opt for a concentration in Ecology and Environmental Biology or Premedical Health Sciences.
Undergraduate degrees in 2023-24: 238
9. General Studies
The general studies degree lets students create their own path of study. They select their area of concentration, as well as electives in Language, Philosophy, & Culture; Oral Communication; and Creative Arts.
Undergraduate degrees in 2023-24: 227
10. Accounting
Future accountants can complete two degrees in just five years with the Accelerated BBA/MSA program. They’ll study Income Tax Accounting, Managerial Accounting, Cost Profit Analysis in Managerial Accounting, and Accounting Information Systems.
Undergraduate degrees in 2023-24: 190
Graduation Rate
Here are the graduation rates at TTU for those who began in fall 2017.
• 4 years: 44%
• 6 years: 64%
Post-Graduation Median Earnings
After completing an undergraduate degree at Texas Tech University, students earn on average $62,454 per year. This is slightly lower than the national average of $68,680 for graduates of four-year schools.
Bottom Line
With solid academic programs, a robust campus life, and stellar sports teams, Texas Tech University has something for virtually everyone. And with many options for TTU financial aid, you don’t have to worry about how to cover the cost of your education.
If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.
Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.
SoFi Private Student Loans Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
The University of Wisconsin – Madison (UW-Madison) is a prestigious public research university located in Madison, Wisconsin. Founded in 1848, it is the flagship campus of the Universities of Wisconsin. Known for its rigorous academics, vibrant campus life, and strong research programs, UW-Madison offers a wide range of undergraduate, graduate, and professional programs. The university is a member of the Big Ten Conference and boasts a spirited athletic tradition. Its lakeside campus and progressive culture attract students from around the globe.
Total Cost of Attendance
The University of Wisconsin – Madison tuition in 2024-25 for state residents was $11,603. This is close to the national average of $11,260 for in-state tuition at public universities. For residents of other states, UW tuition was $42,103, which is well above the national average for out-of-state tuition of $29,150.
Tuition, however, is only part of the total cost of attending college. Here’s a look at other expenses students can expect when attending the University of Wisconsin.
Costs for 2024-25
Expense
In-State
Out-of-State
Tuition & Fees
$11,603
$42,103
Books & Supplies
$1,100
$1,100
Room & Board (on campus)
$14,124
$14,124
Other Expenses
$3,178
$3,178
Total Cost of Attendance
$30,005
$60,505
Financial Aid
Over half of undergraduates (60%) receive some form of financial aid to help cover the UW-Madison tuition and other costs. This may be scholarships, grants, or student loans, or a combination of these.
Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
Many undergraduates tap student loans to help pay the University of Wisconsin tuition and other costs: 24% take out federal loans, and 6% get private student loans (with an average amount of $19,241).
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
The University of Wisconsin – Madison cost of attendance for four years — including tuition and fees, room and board, books, and other expenses — is $120,020 for in-state students (based on 2024-25 numbers). By comparison, the national average at public universities for in-state students is $115,36 for four years.
For out-of-state residents, the four-year cost for attending UW is $242,020. This is above the national average of $186,920 for out-of-state cost of attendance.
University of Wisconsin undergraduate tuition and fees for the 2024-25 academic years were $11,603 for in-state students, a 3.6% increase over 2023-34. The tuition and fees for out-of-state students were $42,103, a 3.7% increase over 2023-34.
Graduate Tuition and Fees
Costs for 2024-25
• Average graduate tuition (in-state): $10,728
• Average graduate tuition (out-of-state): $24,054
• Fees (in-state/out-of-state): $1,597
Tuition and fees for graduate students at UW-Madison for 2024-25 averaged $12,325 for in-state students and $25,651 for out-of-state students. The average cost of graduate school tuition and fees in the U.S. is $22,430 per year.
There are graduate loans available to help with these costs.
Cost per Credit Hour
If you take 15 credits per semester, the cost per credit hour at UW-Madison comes out to $483 for Wisconsin residents and $1,403 for nonresidents.
Campus Housing Expenses
UW-Madison offers a variety of traditional residence halls, including focused learning and affinity communities. It also prides itself on offering some of the lowest on-campus housing rates in the Big Ten. Though freshmen aren’t required to live on campus, more than 90% of first-year students choose to do so. Many undergraduates also choose to live on campus for a second year, and beyond.
Costs for 2024-25
• Housing and food expenses (on-campus): $14,124
• Housing and food expenses (off-campus): $12,414
• Other living expenses (on/off campus): $3,178
Total living expenses for 2024-25 were estimated at $17,302 for students who lived on campus and $15,592 for those who lived off campus.
University of Wisconsin – Madison Acceptance Rate
Fall 2023
Number of applications
63,505
Number accepted
27,307
Percentage Accepted
43%
The University of Wisconsin – Madison acceptance rate is 43%, which makes the school moderately selective.
Admission Requirements
If you’re interested in applying to UW-Madison as a freshman, here’s what you’ll need to submit:
• Admission application (either the Common Application or the Universities of Wisconsin Application)
• Nonrefundable $70 application fee
• Two essays
• High school coursework and grade information
• One letter of recommendation
• ACT or SAT scores (optional for students applying for admission through the spring 2027 term, with an application deadline of October 1, 2026)
Important deadlines to know:
• January 15: Regular decision application deadline
• January 22: Regular decision materials deadline
• November 1: Early action application deadline
• November 10: Early action materials deadline
SAT and ACT Scores
Though submitting test scores is optional through the spring 2027 term at UW-Madison, it can be helpful to know the average scores of other students who chose to submit their scores.
Here are the standardized test scores of students who enrolled in Fall 2023 at the 25th and 75th percentiles.
Subject
25th Percentile
75th Percentile
SAT Evidence-Based Reading/Writing
660
730
SAT Math
700
780
ACT Composite
28
32
ACT English
27
34
ACT Math
26
32
Popular Majors at the University of Wisconsin
The University of Wisconsin – Madison offers hundreds of undergraduate majors across 13 schools and colleges. Here are 10 of the most popular areas of study.
1. Computer Science
At UW-Madison, you may earn a B.A., B.S., or Certificate in Computer Sciences. Students in this major learn to solve real-world problems using core computing principles like abstractions and algorithms. They gain knowledge of theoretical foundations, key elements of computer systems (hardware, software, networking), and various tools and techniques within the field.
Undergraduate degrees in 2023-24: 645
2. Economics
Economics majors learn the fundamental principles of how economies function, including supply and demand, market structures, and government policies. They develop strong quantitative and analytical skills, including the ability to analyze economic models and use data to evaluate policies. The curriculum also covers a range of topics, including microeconomics, macroeconomics, public finance, and international economics.
Undergraduate degrees in 2023-24: 441
3. Psychology
Psychology students gain a deep understanding of human/animal behavior and mental processes that can be applied to almost any career. Graduates have successfully pursued careers in science, clinical/counseling, business, medicine, law, public service, and a variety of other areas.
Undergraduate degrees in 2023-24: 429
4. Biology
The biology major provides a broad foundation in the biological sciences, preparing students for graduate studies, pre-professional paths (like medicine), or general science careers. Students develop a comprehensive understanding of evolution, structure and function of living things. They also acquire practical and professional skills through coursework and lab work.
Undergraduate degrees in 2023-24: 377
5. Finance
Finance majors learn about everything from financial markets and government policies to capital structure and financial risk management. The program prepares students for a wide variety of career pathways, including corporate finance, the investments and securities industry, the management of financial institutions, and the evolving fintech sector.
Undergraduate degrees in 2023-24: 284
6. Political Science and Government
Political science majors explore a wide range of topics related to government, politics, and public policy. They delve into theories of government, political systems, and the role of individuals and groups in the political process. They also have the opportunity to specialize in specific areas, such as American politics, comparative politics, and international relations. Students develop critical thinking and analytical skills, which are valuable in various career paths.
Undergraduate degrees in 2023-24: 259
7. Communication Science and Rhetorical Studies
Students who major in Communication Science and Rhetorical Studies develop a deep understanding of communication processes, focusing on both social, psychological, and practical aspects of human interaction. They learn to analyze communication in various contexts, including public, online, organizational, group, and interpersonal settings. The program emphasizes research skills, critical thinking, and effective communication (both written and oral).
Undergraduate degrees in 2023-24: 246
8. Neurobiology
Neurobiology majors develop a strong foundation in basic sciences like biology, chemistry, and mathematics. This supports their study of neuroscience at the molecular, cellular, systems, and cognitive levels. The program prepares students for graduate school, as well as careers in health-related and scientific industries.
Undergraduate degrees in 2023-24: 225
9. Nursing
Students interested in nursing are typically admitted to UW–Madison as pre-nursing students. They then apply to the School of Nursing in their sophomore year and, if accepted, officially start the two-year nursing course sequence as juniors.
Undergraduate degrees in 2023-24: 218
10. Mechanical Engineering
Mechanical engineering majors learn about manufacturing processes, generation and use of energy, and how to design mechanical equipment and systems. Students can also specialize in a wide range of areas, including robotics, biomedical engineering, product design, and computational mechanics.
Undergraduate degrees in 2021-22: 214
Graduation Rate
The majority of UW-Madison students complete their degree in four years. But some students take longer. Here are the graduation rates for students who began at the school in 2017.
• 4 years: 73%
• 6 years: 89%
Post-Graduation Average Earnings
On average, UW-Madison graduates earn an annual salary of $83,000. This is higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.
Bottom Line
Ranked #13 among Top Public Schools by U.S. News & World Report, UW-Madison is a highly respected university that offers good value, especially for in-state students. For residents of other states, however, tuition runs higher than the national average for public universities. Fortunately, students who need help covering the UW-Madison tuition and other costs may qualify for financial assistance in the form of grants, scholarships, and federal student loans.
If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.
Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.
SoFi Private Student Loans Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.