Texas Tech University Tuition and Fees

By Kelly Boyer Sagert

(Last Updated – 04/2023)

Total Cost of Attendance

Texas Tech University (TTU) is known for its nationally-ranked athletic programs, but this public research university offers much more. Newsweek ranked it as the top school for online education in 2022. And for students who dream of becoming entrepreneurs, The Princeton Review® and Entrepreneur magazine said TTU offers a top course of study in that area.

In 2022-23, Texas Tech tuition for in-state students was $11,852, which is slightly more than the national average of $10,940 at a public institution. For students from other states, Texas Tech tuition was $24,122, which is less than the national average for out-of-state tuition of $28,240.

Costs for 2022-2023

Financial Aid

To help with the cost of tuition, room and board, and other expenses, 84% of students receive Texas Tech financial aid. This TTU financial aid may come as scholarships, grants, and/or student loans.

Explore financial aid options: Texas Student Loan & Scholarships.

Generally, financial aid is monetary assistance awarded to students based on personal needs 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

•  Scholarship Search Tool

Recommended: The Differences Between Grants, Scholarships, and Loans

Private Student Loans

Of the students who take out student loans, 40% have federal student loans, while 10% take out private loans averaging $14,606.

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 total undergrad cost to attend TTU for four years, including Texas Tech tuition and fees, room and board, books, and other expenses, would be $112,088, based on 2022-23 numbers. For out-of-state students, the cost would be $161,168 for four years.

Compared to the national average for four years of in-state tuition and fees at public universities of $106,760, Texas Tech is slightly more. However, the cost for out-of-state students is almost $15,000 less than the national four-year average of $175,960.

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

Undergraduate Tuition and Fees

Costs for 2022-23

Texas Tech tuition and fees, plus room and board costs, total $22,312 for Texas residents and $34,582 for residents from other states.

Graduate Tuition and Fees

Costs for 2022-23

To attend Texas Tech University for graduate school, Texas residents paid $9,518 for tuition and fees in 2022-23. For residents of other states, the total was $17,698.

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 $707 for those from other states.

Campus Housing Expenses

Costs for 2022-23

*Based on one-bedroom pricing. Average rate based on available apartments on Texas Tech University’s off-campus housing website in 2023.

At Texas Tech, first-year students are required to live on campus in one of 13 traditional residence halls, five apartment and suites residences, or the Honors pod.

Texas Tech University Acceptance Rate

Fall 2021

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 (TTU is test-optional through 2025)

•  Essay(s)

•  Letter(s) of recommendation

•  Resume

The deadline for Priority Applications is May 1.

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.

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. 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 2020-21: 363

2. Marketing

Those interested in the Marketing degree program will learn the business as well as Marketing Research and Analysis, Marketing Strategy, Services Marketing, and International Commerce.

Undergraduate degrees in 2020-21: 314

3. 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 2020-21: 310

4. 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 2020-21: 299

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 2020-21: 257

6. 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 2020-21: 246

7. 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 2020-21: 225

8. 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 2020-21: 220

9. 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 2020-21: 215

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 2020-21: 202

Graduation Rate

Here are the graduation rates at TTU.

•  4 years: 38%

•  6 years: 63%

•  8 years: 63%

Post-Graduation Median Earnings

After completing an undergraduate degree at Texas Tech University, students earn on average $58,435 per year. This is higher than the national average of $47,922 for graduates of four-year schools.