Texas Tech University

www.ttu.edu

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2023 Undergraduate Tuition

$8,935

2023 Average Net Price

$16,773

After Financial Aid

2020 Default Rate

0.0157%

on Student Loans

2023 Acceptance Rate

70.9%

34,020 Applicants

2023 Enrolled Students

40,773

85.6% Full-Time

2023 Graduation Rate

64.4%

3,726 Graduates

About

Texas Tech University is a higher education institution located in Lubbock County, TX. In 2023, the most popular Bachelors Degree concentrations at Texas Tech University were General Business Administration & Management (430 degrees awarded), General Psychology (393 degrees), and General Marketing & Marketing Management (383 degrees).

In 2023, 10,618 degrees were awarded across all undergraduate and graduate programs at Texas Tech University. 53.1% of these degrees were awarded to women, and 46.9% awarded men. The most common race/ethnicity group of degree recipients was white (5,774 degrees), 2.22 times more than then the next closest race/ethnicity group, hispanic or latino (2,606 degrees).

The median undergraduate tuition at Texas Tech University is $8,935, which is $−22,068 less than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Texas Tech University was 0.0157%, corresponding to 1 out of the 6,374 total borrowers.

Photo by Kimberly Vardeman

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Texas Tech University is $8,935, which is $22,069 less than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $16,773.

In 2023, 67% of undergraduate students attending Texas Tech University received financial aid through grants. Comparatively, 43% of undergraduate students received financial aid through loans.

Tuition Costs

$8,935

2023 Undergraduate Tuition

In 2023, the cost of tuition at Texas Tech University was $8,935. The cost of tuition at Texas Tech University is $−22,069 less than than the overall (public and private) national average for Doctoral Universities ($31,004).

This chart compares the tuition costs of Texas Tech University (in red) with those of other similar universities.

Average Net Price

$16,773

2023 Value

6.28%

1 Year Growth

In 2023 Texas Tech University had an average net price — the price paid after factoring in grants and loans — of $16,773. Between 2022 and 2023, the average net price of Texas Tech University grew by 6.28%.

This chart compares the average net price of Texas Tech University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$10,460

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Texas Tech University was of $10,460 in 2023. The cost of room and board increased by 1.1% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Texas Tech University (in red) with that of similar universities.

Financial Aid by Income Level

67%

Undergraduates Receiving Financial Aid through Grants

43%

Undergraduates Receiving Financial Aid through Loans

67% of undergraduate students at Texas Tech University received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 67% of undergraduate students received financial aid.

This chart compares the average award discount at Texas Tech University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.0157%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Texas Tech University was 0.0157%, which represents 1 out of the 6374 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Texas Tech University received 34,020 undergraduate applications in 2023, which represents a 3.9% annual growth. Out of those 34,020 applicants, 24,116 students were accepted for enrollment, representing a 70.9% acceptance rate.

There were 40,773 students enrolled at Texas Tech University in 2023. 33% of first-time enrollees submitted SAT scores with their applications.

Texas Tech University has an overall enrollment yield of 29.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70.9%

Acceptance Rate in 2023

24,116

Accepted Out of 34,020

In 2023, the undergraduate acceptance rate of Texas Tech University was 70.9% (24,116 admissions from 34,020 applications). This is higher than the acceptance rate of 2022, which was 67.3%. Between 2022 and 2023, the number of applicants declined by 3.9%, while admissions grew by 1.17%.

This chart compares the acceptance rate of Texas Tech University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

33%

Submission Percentage (2023)

2,353

Scores Submitted (2023)

33% of enrolled first-time students at Texas Tech University in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Texas Tech University had a total enrollment of 40,773 students in 2023. The full-time enrollment at Texas Tech University is 34,898 students and the part-time enrollment is 5,875. This means that 85.6% of students enrolled at Texas Tech University are enrolled full-time.

The enrolled student population at Texas Tech University, both undergraduate and graduate, is 51.1% White, 26.9% Hispanic or Latino, 5.68% Black or African American, 4% Two or More Races, 3.32% Asian, 0.336% American Indian or Alaska Native, and 0.0883% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Texas Tech University in full-time Undergraduate programs are most commonly White Male (27.3%), followed by White Female (26.8%) and Hispanic or Latino Female (15.2%). Students enrolled in full-time Graduate programs are most commonly White Female (21.8%), followed by White Male (15.9%) and Hispanic or Latino Female (7.58%).

Full-Time vs Part-Time Enrollment

85.6%

Full-Time Enrollment

The total enrollment at Texas Tech University in 2023, both undergraduate and graduate, is 40,773 students. The full-time enrollment at Texas Tech University is 34,898 and the part-time enrollment is 5,875. This means that 85.6% of students enrolled at Texas Tech University are enrolled full-time compared with 77.9% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Texas Tech University (in red) compares to similar universities.

Retention Rate over Time

85%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Texas Tech University was 85%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Texas Tech University had a retention rate higher than its peers.

This chart shows the retention rate over time at Texas Tech University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
20,830 enrolled students
Hispanic or Latino
10,967 enrolled students
Black or African American
2,315 enrolled students

The enrolled student population at Texas Tech University is 51.1% White, 26.9% Hispanic or Latino, 5.68% Black or African American, 4% Two or More Races, 3.32% Asian, 0.336% American Indian or Alaska Native, and 0.0883% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.5% White, 15.9% Hispanic or Latino, and 9.78% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 547 students (1.34%) did not report their race.

Graduates

In 2023, 668 more women than men received degrees from Texas Tech University. The most common race/ethnicity group of degree recipients at Texas Tech University is white (5,774 degrees awarded). There were 2.22 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2,606 degrees).

The most common Bachelor's Degree concentration at Texas Tech University is General Business Administration & Management (430 degrees awarded), followed by General Psychology (393 degrees) and General Marketing & Marketing Management (383 degrees).

In 2023, the most specialized majors across all degree types at Texas Tech University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Human Sciences (655 degrees awarded), Architecture and Related Services (234 degrees), and Agriculture (554 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Texas Tech University are Software developers (475,875 people), Other managers (457,931 people), Miscellaneous engineers, including nuclear engineers (360,815 people), Civil engineers (300,979 people), and Mechanical engineers (215,247 people).

The most specialized majors at Texas Tech University in 2023 are Human Sciences (655 degrees awarded), Architecture and Related Services (234 degrees), Agriculture (554 degrees), Communications (899 degrees), and Engineering (1,031 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Texas Tech University are Diagnostic medical sonographers, Podiatrists, Surgeons, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at Texas Tech University are Human Sciences (655 degrees awarded), Architecture and Related Services (234 degrees), Agriculture (554 degrees), Communications (899 degrees), and Engineering (1,031 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Texas Tech University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (628,006 people), Computer Systems Design (545,190 people), Colleges, universities & professional schools, including junior colleges (526,782 people), Elementary & secondary schools (517,221 people), and Architectural, engineering & related services (460,279 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Texas Tech University.

Most Common (2023)

General Business Administration & Management
430 degrees awarded
General Psychology
393 degrees awarded
General Marketing & Marketing Management
383 degrees awarded

In 2023, the most common bachelors degree concentration at Texas Tech University was General Business Administration & Management with 430 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Texas Tech University according to their major.

Sex Breakdown for Common Majors

4,975

Degrees Awarded to Men

in 2023

5,643

Degrees Awarded to Women

in 2023

In 2023, 4,975 degrees were awarded to men at Texas Tech University, which is 0.882 times less than the number of degrees awarded to females (5,643).

This chart displays the sex disparity between the top 5 majors at Texas Tech University by degrees awarded.

Most Common Male Majors

In 2023, 293 degrees were awarded to men at Texas Tech University in General Business Administration & Management, which is 1.7 times more than the 172 female recipients with that same degree.

Most Common Female Majors

In 2023, 336 degrees were awarded to men at Texas Tech University in General Family & Consumer Sciences, which is 7.64 times more than the 44 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

63%

150% Completion Time

In 2023, 38% of students graduating from Texas Tech University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 64% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (80%)

The student demographic with the highest graduation rate in 2023 at Texas Tech University is Male and American Indian or Alaska Native (80% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.429% of graduates (16 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
5,774 degrees awarded
Hispanic or Latino
2,606 degrees awarded
Black or African American
532 degrees awarded

The most common race/ethnicity at Texas Tech University is white (5,774 degrees awarded). There were 2.22 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2,606 degrees).

0.386% of degree recipients (41 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
3,135 degrees awarded
White Male
2,639 degrees awarded
Hispanic or Latino Female
1,420 degrees awarded

The most common race/ethnicity and sex grouping at Texas Tech University is white female (3,135 degrees awarded). There were 1.19 times more white female recipients than the next closest race/ethnicity group, white male (2,639 degrees).

Operations

Texas Tech University has an endowment valued at nearly $978M, as of the end of the 2023 fiscal year. The return on its endowment was of 76.9M (7.86%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Texas Tech University had a total salary expenditure of 1.21B. Texas Tech University employs 447 Assistant professors, 415 Associate professors and 405 Professors. Most academics at Texas Tech University are Male Professor (288), Male Associate professor (268), and Male Assistant professor (232).

The most common positions for non-instructional staff at Texas Tech University are: Office and Administrative Support, with 1,255 employees, Management, with 747 employees, and Service with 449 employees.

Endowment

$978M

2023 Endowment

2.59%

growth from 2022

Texas Tech University has an endowment valued at about $978M, as of the end of the 2023 fiscal year. The endowment of Texas Tech University grew 2.59% from the previous year. The value of their endowment was $544M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Texas Tech University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$56M - Federal
$22.1M - State
$3.58M - Local

As of 2023, Texas Tech University received $56M in grants and contracts from the federal government, $22.1M from state grants and contracts, and $3.58M from local grants and contracts.

Salary Expenditure

$480M

2023 Salaries

10.7%

growth from 2022

In 2023, Texas Tech University paid a median of $480M in salaries, which represents 39.8% of their overall expenditure ($1.21B) and a 10.7% growth from the previous year. This is compared to a 7.66% growth between 2021 and 2022, and a 0.645% decline between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$170M

Instructional Salaries

1,566

Number of Employees

In 2023, Texas Tech University paid a total of $170M to 1,566 employees working as instructors, which represents 35.4% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Assistant professor

Most Common Instructor

447 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

1,255 Employees

In 2023, the most common positions for instructional staff at Texas Tech University were Assistant professor with 447 employees, Associate professor with 415 employees, and Professor with 405 employees.

In 2023, the most common positions for non-instructional staff at Texas Tech University were Office and Administrative Support with 1,255 employees, Management with 747 employees, and Service with 449 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Male Associate professor
Male Assistant professor

In 2023, the most common demographic for instructional staff at Texas Tech University was Male Professor with 288 employees, Male Associate professor with 268 employees, and Male Assistant professor with 232 employees.

This chart shows the sex split between each academic rank present at Texas Tech University.

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