Texas Christian University (TCU) Tuition and Fees

Texas Christian University (TCU) Tuition and Fees

On this page:

    By Susan Guillory

    (Last Updated – 07/2022)

    Total Cost of Attendance

    Established in 1873, Texas Christian University (TCU) frequently makes the lists for the top universities in the nation. TCU tuition in 2021/22 was $51,660. This is just north of the national average for four-year private nonprofit institutions of $35,807.

    Costs for 2021-22

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $51,660

    $51,660

    Books & Supplies

    $900

    $900

    Room & Board

    $14,040

    $14,040

    Other Expenses

    $1,065

    $1,065

    Total Cost of Attendance

    $3,828

    $3,828

    Financial Aid

    At Texas Christian University, the majority of students (82%) use some form of financial aid to help with TCU tuition. This includes student loans, grants, and scholarships. TCU is need-blind, which means your ability to pay for college isn’t considered with your application.

    Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that 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, and financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, and non-profit 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:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    There are both private and federal student loans available to TCU students: 28% take out federal loans and 11% take out private loans. The average private student loan is $27,948.

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-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.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    The cost to attend TCU for four years (based on 2021/22 numbers) would be $281,712. This is just above the average of $219,520 for four years of school at a U.S. university, according to CollegeData.com.

    Here’s some Texas Student Loan & Scholarship Information for you.

    Undergraduate Tuition and Fees

    Costs for 2021-22

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $51,660

    $51,660

    Room & Board

    $14,040

    $14,040

    Total Cost of Attendance

    $65,700

    $65,700

    In 2021/22, the cost for tuition, fees, and room and board was $65,700.

    Graduate Tuition and Fees

    Costs for 2021-22

    Student Type

    In-State

    Out-State

    Tuition

    $32,220

    $32,220

    Fees

    $48

    $48

    Total Cost of Attendance

    $32,268

    $32,268

    For graduate students, TCU tuition and fees totaled $32,268 in 2021/22. The average cost for tuition for graduate school at a private institution in the United States is much lower, at $19,493. There are graduate loans available to help with these costs.

    Cost per Credit Hour

    Some students opt to attend Texas Christian University part-time. In this case, they pay TCU tuition on a per-credit-hour basis of $1,790. You may also be eligible to take out student loans as a part-time student.

    Campus Housing Expenses

    Costs for 2021-22

    Student Type

    In-State

    Out-State

    Books & Supplies

    $900

    $900

    Room & Board

    $14,040

    $1,169/mo*

    Other Expenses

    $3,828

    $3,828

    *Based on studio pricing. Average rate based on available apartments on an off-campus housing website in 2022.

    Students under the age of 21 who don’t live with family are required to live on campus at TCU. There are 15 residence houses, some for freshmen, some for upperclassmen, and some mixed residences.

    Students who choose to live off-campus have many options near the university, including houses, duplexes, and apartments.

    Texas Christian University Acceptance Rate

    Fall 2020

    Number of applications

    21,145

    Number accepted

    10,149

    Percentage Accepted

    48%

    The TCU acceptance rate of 48% means that the university accepts almost half of the students who apply.

    Admission Requirements

    Here’s what’s required and recommended with your application to TCU:

    Required:

    •  High school transcript

    •  Essay

    •  Counselor and teacher recommendation/evaluation

    Recommended:

    •  SAT or ACT scores

    November 1 is the deadline for Early Action, Early Decision, and Spring Admission. The deadline for Regular Decision and Early Decision II is February 1. You can apply to TCU here .

    SAT and ACT Scores

    Applicants are not required to submit SAT or ACT scores through 2023. Here are the scores at the 25th and 75th percentile at TCU:

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    560

    660

    SAT Math

    550

    660

    ACT Composite

    25

    31

    ACT English

    25

    34

    ACT Math

    24

    29

    Graduation Rate

    Here are the graduation rates for students who started their studies at Texas Christian University in 2014:

    •  4 years: 70%

    •  6 years: 82%

    Post-Graduation Median Earnings

    Earnings for students who graduate from TCU are, on average, $61,325 per year. This is higher than the national average for graduates of four-year institutions, which is $47,891 per year.

    Bottom Line

    If you’re looking for a well-respected private institution where you can get a top-notch education, consider Texas Christian University. The fact that it’s need-blind means anyone can qualify, regardless of income.

    SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

    Learn More

    Photo credit: iStock/Rebecca Todd
    SoFi Loan Products
    SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC), and by SoFi Lending Corp. NMLS #1121636 , a lender licensed by the Department of Financial Protection and Innovation under the California Financing Law (License # 6054612) and by other states. For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

    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.
    SoFi Private Student Loans
    Please borrow responsibly. SoFi Private Student Loans are not a substitute for federal loans, grants, and work-study programs. You should exhaust all your federal student aid options before you consider any private loans, including ours. Read our FAQs. SoFi Private Student Loans are subject to program terms and restrictions, and applicants must meet SoFi’s eligibility and underwriting requirements. See SoFi.com/eligibility-criteria for more information. To view payment examples, click here. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. SoFi Lending Corp. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

    SOPS0422020

    TLS 1.2 Encrypted
    Equal Housing Lender