Texas Tech University

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2022 Undergraduate Tuition
$8,935
2022 Average Net Price
$17,896
After Financial Aid
2019 Default Rate
1.4%
on Student Loans
2022 Acceptance Rate
67.3%
35,400 Applicants
2022 Enrolled Students
40,378
84.5% Full-Time
2022 Graduation Rate
63.7%
2,986 Graduates

About

Texas Tech University is a higher education institution located in Lubbock County, TX. In 2022, the most popular Bachelors Degree concentrations at Texas Tech University were General Family & Consumer Sciences (363 degrees awarded), General Business Administration & Management (349 degrees), and General Marketing & Marketing Management (339 degrees).

In 2022, 9,812 degrees were awarded across all undergraduate and graduate programs at Texas Tech University. 52.6% of these degrees were awarded to women, and 47.4% awarded men. The most common race/ethnicity group of degree recipients was white (5,304 degrees), 2.07 times more than then the next closest race/ethnicity group, hispanic or latino (2,564 degrees).

The median undergraduate tuition at Texas Tech University is $8,935, which is $−21,215 less than the national average for Doctoral Universities ($30,150).

Costs

In 2022, the median undergraduate tuition at Texas Tech University is $8,935, which is $−21,215 less than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $17,896.

In 2022, 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
2022 Undergraduate Tuition

In 2022, the cost of tuition at Texas Tech University was $8,935. The cost of tuition at Texas Tech University is $−21,215 less than than the overall (public and private) national average for Doctoral Universities ($30,150).

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

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Average Net Price

$17,896
2022 Value
4.92%
1 Year Growth

In 2022 Texas Tech University had an average net price — the price paid after factoring in grants and loans — of $17,896. Between 2021 and 2022, the average net price of Texas Tech University grew by 4.92%.

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.

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Other Student Expenses

$10,346
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Texas Tech University was of $10,346 in 2022. The cost of room and board increased by 3.92% between 2021 and 2022.

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.

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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 2022. This represents a decline of 8.22% with respect to 2021, when 73% 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.

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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.
1.4%
2019 Default Rate
92
Number of Defaults

In 2019 the default rate for borrower's at Texas Tech University was 1.4%, which represents 92 out of the 6564 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.

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Admissions

Texas Tech University received 35,400 undergraduate applications in 2022, which represents a 4.87% annual growth. Out of those 35,400 applicants, 23,837 students were accepted for enrollment, representing a 67.3% acceptance rate.

There were 40,378 students enrolled at Texas Tech University in 2022. 34% of first-time enrollees submitted SAT scores with their applications.

Texas Tech University has an overall enrollment yield of 28.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.3%
Acceptance Rate in 2022
23,837
Accepted Out of 35,400

In 2022, the undergraduate acceptance rate of Texas Tech University was 67.3% (23,837 admissions from 35,400 applications). This is lower than the acceptance rate of 2021, which was 67.9%. Between 2021 and 2022, the number of applicants grew by 4.87%, while admissions grew by 4.06%..

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.

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SAT Scores

34%
Submission Percentage (2022)
2,305
Scores Submitted (2022)

34% of enrolled first-time students at Texas Tech University in 2022 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.

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Enrollment

Texas Tech University had a total enrollment of 40,378 students in 2022. The full-time enrollment at Texas Tech University is 34,129 students and the part-time enrollment is 6,249. This means that 84.5% of students enrolled at Texas Tech University are enrolled full-time.

The enrolled student population at Texas Tech University, both undergraduate and graduate, is 52.5% White, 26.8% Hispanic or Latino, 5.73% Black or African American, 3.92% Two or More Races, 3.18% Asian, 0.31% American Indian or Alaska Native, and 0.0693% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Texas Tech University in full-time Undergraduate programs are most commonly White Male (27.7%), followed by White Female (27%) and Hispanic or Latino Female (14.8%). Students enrolled in full-time Graduate programs are most commonly White Female (22%), followed by White Male (16%) and Hispanic or Latino Female (7.93%).

Full-Time vs Part-Time Enrollment

84.5%
Full-Time Enrollment

The total enrollment at Texas Tech University in 2022, both undergraduate and graduate, is 40,378 students. The full-time enrollment at Texas Tech University is 34,129 and the part-time enrollment is 6,249. This means that 84.5% of students enrolled at Texas Tech University are enrolled full-time compared with 77.4% 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.

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Retention Rate over Time

86%
2022 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 86%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    21,189 enrolled students
  2. Hispanic or Latino
    10,803 enrolled students
  3. Black or African American
    2,313 enrolled students

The enrolled student population at Texas Tech University is 52.5% White, 26.8% Hispanic or Latino, 5.73% Black or African American, 3.92% Two or More Races, 3.18% Asian, 0.31% American Indian or Alaska Native, and 0.0693% 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 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 473 students (1.17%) did not report their race.

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Graduates

In 2022, 508 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 (5,304 degrees awarded). There were 2.07 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2564 degrees).

The most common Bachelor's Degree concentration at Texas Tech University is General Family & Consumer Sciences (363 degrees awarded), followed by General Business Administration & Management (349 degrees) and General Marketing & Marketing Management (339 degrees).

In 2022,  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 (646 degrees awarded), Engineering (898 degrees), and Biology (746 degrees).

Common Jobs by Major

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 (470,996 people), Other managers (463,840 people), Physicians (461,629 people), Miscellaneous engineers, including nuclear engineers (354,056 people), and Civil engineers (284,257 people).

The most specialized majors at Texas Tech University in 2022 are Human Sciences (646 degrees awarded), Engineering (898 degrees), Biology (746 degrees), Interdisciplinary Studies (468 degrees), and History (92 degrees) (as of 2022).

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Highest Paying Jobs by Major

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 (646 degrees awarded), Engineering (898 degrees), Biology (746 degrees), Interdisciplinary Studies (468 degrees), and History (92 degrees) (as of 2022).

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Common Industries by Major

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).

The most specialized majors at Texas Tech University are Human Sciences (646 degrees awarded), Engineering (898 degrees), Biology (746 degrees), Interdisciplinary Studies (468 degrees), and History (92 degrees) (as of 2022).

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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.

In 2022, the most common bachelors degree concentration at Texas Tech University was General Family & Consumer Sciences with 363 degrees awarded.

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

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Sex Breakdown for Common Majors

4,652
Degrees Awarded to Men
in 2022
5,160
Degrees Awarded to Women
in 2022

In 2022, 4,652 degrees were awarded to men at Texas Tech University, which is 0.902 times less than the number of degrees awarded to females (5,160).

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

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Most Common Male Majors

In 2022, 243 degrees were awarded to men at Texas Tech University in General Business Administration & Management, which is 1.75 times more than the 139 female recipients with that same degree.

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Most Common Female Majors

In 2022, 313 degrees were awarded to men at Texas Tech University in General Family & Consumer Sciences, which is 6.26 times more than the 50 male recipients with that same degree.

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Time to Complete

37%
100% Completion Time
63%
150% Completion Time

In 2022, 37% 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 65% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (69.3%)

The student demographic with the highest graduation rate in 2022 at Texas Tech University is Male and Asian (69.3% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

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, 0.603% of graduates (18 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    5,304 degrees awarded
  2. Hispanic or Latino
    2,564 degrees awarded
  3. Black or African American
    557 degrees awarded

The most common race/ethnicity at Texas Tech University is white (5,304 degrees awarded). There were 2.07 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2564 degrees).

0.408% of degree recipients (40 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    2,838 degrees awarded
  2. White Male
    2,466 degrees awarded
  3. Hispanic or Latino Female
    1,382 degrees awarded

The most common race/ethnicity and sex grouping at Texas Tech University is white female (2,838 degrees awarded). There were 1.15 times more white female recipients than the next closest race/ethnicity group, white male (2466 degrees).

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Operations

Texas Tech University has an endowment valued at nearly $953M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−6.27%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Texas Tech University had a total salary expenditure of 1.12B. Texas Tech University employs 409 Associate professors, 398 Assistant professors and 396 Professors. Most academics at Texas Tech University are Male Professor (283), Male Associate professor (264), and Male Assistant professor (211).

The most common positions for non-instructional staff at Texas Tech University are: Office and Administrative Support, with 1,205 employees, Management, with 650 employees, and Service with 464 employees.

Endowment

$953M
2022 Endowment
1.34%
growth from 2021

Texas Tech University has an endowment valued at about $953M, as of the end of the 2022 fiscal year. The endowment of Texas Tech University grew 1.34% from the previous year. The value of their endowment was $580M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $52.3M - Federal
  2. $27.8M - State
  3. $1.77M - Local

As of 2022, Texas Tech University received $52.3M in grants and contracts from the federal government, $27.8M from state grants and contracts, and $1.77M from local grants and contracts.

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Salary Expenditure

$434M
2022 Salaries
7.66%
growth from 2021

In 2022, Texas Tech University paid a median of $434M in salaries, which represents 38.6% of their overall expenditure ($1.12B) and a 7.66% growth from the previous year.

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

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Instructional Salaries

$156M
Instructional Salaries
1,502
Number of Employees

In 2022, Texas Tech University paid a total of $156M to 1,502 employees working as instructors, which represents 35.9% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

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Occupations by Share

Associate professor
Most Common Instructor
409 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
1,205 Employees

In 2022, the most common positions for instructional staff at Texas Tech University were Associate professor with 409 employees, Assistant professor with 398 employees, and Professor with 396 employees.

In 2022, the most common positions for non-instructional staff at Texas Tech University were Office and Administrative Support with 1,205 employees, Management with 650 employees, and Service with 464 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Male Associate professor
  3. Male Assistant professor

In 2022, the most common demographic for instructional staff at Texas Tech University was Male Professor with 283 employees, Male Associate professor with 264 employees, and Male Assistant professor with 211 employees.

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

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