Texas Tech University

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2021 Undergraduate Tuition
$8,935
2.9% growth from 2020
2021 Average Net Price
$17,057
After Financial Aid
2019 Student Loan
1.4%
Default Rate
2021 Acceptance Rate
67.9%
33,756 Applicants
2021 Enrolled Students
40,542
82.5% Full-Time
2021 Graduation Rate
62.7%
3,175 Graduates

About

Texas Tech University is a higher education institution located in Lubbock County, TX. In 2021, the most popular Bachelors Degree concentrations at Texas Tech University were General Psychology (345 degrees awarded), General Education (305 degrees), and Mechanical Engineering (305 degrees).

In 2021, 9,710 degrees were awarded across all undergraduate and graduate programs at Texas Tech University. 51.9% of these degrees were awarded to women, and 48.1% awarded men. The most common race/ethnicity group of degree recipients was white (5,306 degrees), 2.16 times more than then the next closest race/ethnicity group, hispanic or latino (2,451 degrees).

The median undergraduate tuition at Texas Tech University is $8,935, which is $−20,057 less than the national average for Doctoral Universities ($28,992).

dollarCosts

In 2021, the median undergraduate tuition at Texas Tech University is $8,935, which is $−20,057 less than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $17,057.

In 2021, 73% of undergraduate students attending Texas Tech University received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Tuition Costs

$8,935
2021 Undergraduate Tuition

In 2021, the cost of tuition at Texas Tech University was $8,935. The cost of tuition at Texas Tech University is $−20,057 less than than the overall (public and private) national average for Doctoral Universities ($28,992).

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

$17,057
2021 Value
10.4%
1 Year Growth

In 2021 Texas Tech University had an average net price — the price paid after factoring in grants and loans — of $17,057. Between 2020 and 2021, the average net price of Texas Tech University grew by 10.4%.

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

$9,956
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Texas Tech University was of $9,956 in 2021. The cost of room and board increased by 14.8% between 2020 and 2021.

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

73%
Undergraduates Receiving Financial Aid through Grants
39%
Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Texas Tech University received financial aid through grants or loans in 2021. This represents a growth of 4.29% with respect to 2020, when 70% 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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predictive-analysisAdmissions

Texas Tech University received 33,756 undergraduate applications in 2021, which represents a 15.9% annual growth. Out of those 33,756 applicants, 22,908 students were accepted for enrollment, representing a 67.9% acceptance rate.

There were 40,542 students enrolled at Texas Tech University in 2021. 31% of first-time enrollees submitted SAT scores with their applications.

Texas Tech University has an overall enrollment yield of 28.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.9%
Acceptance Rate in 2021
22,908
Accepted Out of 33,756

In 2021, the undergraduate acceptance rate of Texas Tech University was 67.9% (22,908 admissions from 33,756 applications). This is lower than the acceptance rate of 2020, which was 70%. Between 2020 and 2021, the number of applicants grew by 15.9%, while admissions grew by 12.3%..

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

31%
Submission Percentage (2021)
2,050
Scores Submitted (2021)

31% of enrolled first-time students at Texas Tech University in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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bookEnrollment

Texas Tech University had a total enrollment of 40,542 students in 2021. The full-time enrollment at Texas Tech University is 33,465 students and the part-time enrollment is 7,077. This means that 82.5% of students enrolled at Texas Tech University are enrolled full-time.

The enrolled student population at Texas Tech University, both undergraduate and graduate, is 53.4% White, 27.3% Hispanic or Latino, 5.87% Black or African American, 3.79% Two or More Races, 3.18% Asian, 0.311% American Indian or Alaska Native, and 0.0666% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Texas Tech University in full-time Undergraduate programs are most commonly White Male (28%), followed by White Female (27.4%) and Hispanic or Latino Female (14.6%). Students enrolled in full-time Graduate programs are most commonly White Female (24.4%), followed by White Male (19.8%) and Hispanic or Latino Female (8.14%).

Full-Time vs Part-Time Enrollment

82.5%
Full-Time Enrollment

The total enrollment at Texas Tech University in 2021, both undergraduate and graduate, is 40,542 students. The full-time enrollment at Texas Tech University is 33,465 and the part-time enrollment is 7,077. This means that 82.5% of students enrolled at Texas Tech University are enrolled full-time compared with 76.6% 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

85%
2021 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    21,664 enrolled students
  2. Hispanic or Latino
    11,056 enrolled students
  3. Black or African American
    2,378 enrolled students

The enrolled student population at Texas Tech University is 53.4% White, 27.3% Hispanic or Latino, 5.87% Black or African American, 3.79% Two or More Races, 3.18% Asian, 0.311% American Indian or Alaska Native, and 0.0666% 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 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 384 students (0.947%) did not report their race.

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learningGraduates

In 2021, 368 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 (5,306 degrees awarded). There were 2.16 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2451 degrees).

The most common Bachelor's Degree concentration at Texas Tech University is General Psychology (345 degrees awarded), followed by General Education (305 degrees) and Mechanical Engineering (305 degrees).

In 2021,  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 Agriculture (474 degrees awarded), Architecture and Related Services (189 degrees), and Human Sciences (598 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 Other managers (440,082 people), Software developers (407,398 people), Miscellaneous engineers, including nuclear engineers (337,277 people), Civil engineers (264,050 people), and Mechanical engineers (192,393 people).

The most specialized majors at Texas Tech University in 2021 are Agriculture (474 degrees awarded), Architecture and Related Services (189 degrees), Human Sciences (598 degrees), Communications (867 degrees), and Engineering (1,020 degrees) (as of 2021).

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Highest Paying Jobs by Major

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 Podiatrists, Surgeons, Nuclear medicine technologists and medical dosimetrists, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at Texas Tech University are Agriculture (474 degrees awarded), Architecture and Related Services (189 degrees), Human Sciences (598 degrees), Communications (867 degrees), and Engineering (1,020 degrees) (as of 2021).

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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 Architectural, engineering & related services (550,018 people), Computer Systems Design (504,981 people), Construction (347,715 people), Elementary & secondary schools (326,357 people), and Colleges, universities & professional schools, including junior colleges (320,969 people).

The most specialized majors at Texas Tech University are Agriculture (474 degrees awarded), Architecture and Related Services (189 degrees), Human Sciences (598 degrees), Communications (867 degrees), and Engineering (1,020 degrees) (as of 2021).

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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.
Most Common (2021)
  1. 345 degrees awarded
  2. 305 degrees awarded
  3. 305 degrees awarded

In 2021, the most common bachelors degree concentration at Texas Tech University was General Psychology with 345 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

4,671
Degrees Awarded to Men
in 2021
5,039
Degrees Awarded to Women
in 2021

In 2021, 4,671 degrees were awarded to men at Texas Tech University, which is 0.927 times less than the number of degrees awarded to females (5,039).

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 2021, 300 degrees were awarded to men at Texas Tech University in Mechanical Engineering, which is 7.14 times more than the 42 female recipients with that same degree.

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Most Common Female Majors

In 2021, 285 degrees were awarded to men at Texas Tech University in General Education, which is 14.3 times more than the 20 male recipients with that same degree.

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Time to Complete

36%
100% Completion Time
61%
150% Completion Time

In 2021, 36% of students graduating from Texas Tech University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 150% of the normal time, and 63% 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.
Two or More Races Female
Highest Graduation Rate (71.8%)

The student demographic with the highest graduation rate in 2021 at Texas Tech University is Female and Two or More Races (71.8% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

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, 0.63% of graduates (20 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    5,306 degrees awarded
  2. Hispanic or Latino
    2,451 degrees awarded
  3. Black or African American
    569 degrees awarded

The most common race/ethnicity at Texas Tech University is white (5,306 degrees awarded). There were 2.16 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2451 degrees).

0.577% of degree recipients (56 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    2,757 degrees awarded
  2. White Male
    2,549 degrees awarded
  3. Hispanic or Latino Female
    1,380 degrees awarded

The most common race/ethnicity and sex grouping at Texas Tech University is white female (2,757 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white male (2549 degrees).

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briefcaseOperations

Texas Tech University has an endowment valued at nearly $941M, as of the end of the 2021 fiscal year. The return on its endowment was of 145M (15.4%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, Texas Tech University had a total salary expenditure of 1.02B. Texas Tech University employs 410 Associate professors, 396 Professors and 365 Assistant professors. Most academics at Texas Tech University are Male Professor (287), Male Associate professor (267), and Male Assistant professor (190).

The most common positions for non-instructional staff at Texas Tech University are: Office and Administrative Support, with 1,218 employees, Management, with 585 employees, and Service with 463 employees.

Endowment

$941M
2021 Endowment
26.4%
growth from 2020

Texas Tech University has an endowment valued at about $941M, as of the end of the 2021 fiscal year. The endowment of Texas Tech University grew 26.4% from the previous year. The value of their endowment was $553M 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. $41.6M - Federal
  2. $19.5M - State
  3. $897k - Local

As of 2021, Texas Tech University received $41.6M in grants and contracts from the federal government, $19.5M from state grants and contracts, and $897k from local grants and contracts.

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Salary Expenditure

$403M
2021 Salaries
0.645%
decline from 2020

In 2021, Texas Tech University paid a median of $403M in salaries, which represents 39.4% of their overall expenditure ($1.02B) and a 0.645% decline from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

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Instructional Salaries

$147M
Instructional Salaries
1,455
Number of Employees

In 2021, Texas Tech University paid a total of $147M to 1,455 employees working as instructors, which represents 36.5% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

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Occupations by Share

Associate professor
Most Common Instructor
410 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
1,218 Employees

In 2021, the most common positions for instructional staff at Texas Tech University were Associate professor with 410 employees, Professor with 396 employees, and Assistant professor with 365 employees.

In 2021, the most common positions for non-instructional staff at Texas Tech University were Office and Administrative Support with 1,218 employees, Management with 585 employees, and Service with 463 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Male Professor
  2. Male Associate professor
  3. Male Assistant professor

In 2021, the most common demographic for instructional staff at Texas Tech University was Male Professor with 287 employees, Male Associate professor with 267 employees, and Male Assistant professor with 190 employees.

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

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