Texas Tech University

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    2024 Undergraduate Tuition
    $8,935
    2024 Average Net Price
    $16,919
    After Financial Aid
    2024 Acceptance Rate
    72.6%
    34,356 Applicants
    2024 Enrolled Students
    40,757
    85.8% Full-Time
    2024 Graduation Rate
    68.6%
    3,797 Graduates

    About

    Texas Tech University is a higher education institution located in Lubbock County, TX. In 2024, the most popular Bachelors Degree concentrations at Texas Tech University were General Business Administration & Management (431 degrees awarded), General Psychology (377 degrees), and General Marketing & Marketing Management (373 degrees).

    In 2024, 10,792 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 (5,718 degrees), 2.18 times more than then the next closest race/ethnicity group, hispanic or latino (2,626 degrees).

    The median undergraduate tuition at Texas Tech University is $8,935, which is $−22,985 less than the national average for Doctoral Universities ($31,920).

    Costs

    In 2024, the median undergraduate tuition at Texas Tech University is $8,935, which is $22,985 less than the national average for Doctoral Universities ($31,920).

    After taking grants and loans into account, the average net price for students is $16,919.

    In 2024, 70% of undergraduate students attending Texas Tech University received financial aid through grants. Comparatively, 41% of undergraduate students received financial aid through loans.

    Tuition Costs

    $8,935
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Texas Tech University was $8,935. The cost of tuition at Texas Tech University is $−22,985 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

    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

    $16,919
    2024 Value
    0.87%
    1 Year Growth

    In 2024 Texas Tech University had an average net price — the price paid after factoring in grants and loans — of $16,919. Between 2023 and 2024, the average net price of Texas Tech University grew by 0.87%.

    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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    Financial Aid by Income Level

    70%
    Undergraduates Receiving Financial Aid through Grants
    41%
    Undergraduates Receiving Financial Aid through Loans

    70% of undergraduate students at Texas Tech University received financial aid through grants or loans in 2024. This represents a growth of 4.48% with respect to 2023, 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.

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    Admissions

    Texas Tech University received 34,356 undergraduate applications in 2024, which represents a 0.988% annual growth. Out of those 34,356 applicants, 24,958 students were accepted for enrollment, representing a 72.6% acceptance rate.

    There were 40,757 students enrolled at Texas Tech University in 2024. 33% of first-time enrollees submitted SAT scores with their applications.

    Texas Tech University has an overall enrollment yield of 27.1%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    72.6%
    Acceptance Rate in 2024
    24,958
    Accepted Out of 34,356

    In 2024, the undergraduate acceptance rate of Texas Tech University was 72.6% (24,958 admissions from 34,356 applications). This is higher than the acceptance rate of 2023, which was 70.9%. Between 2023 and 2024, the number of applicants grew by 0.988%, while admissions grew by 3.49%.

    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

    33%
    Submission Percentage (2024)
    2,241
    Scores Submitted (2024)

    33% of enrolled first-time students at Texas Tech University in 2024 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 40,757 students in 2024. The full-time enrollment at Texas Tech University is 34,964 students and the part-time enrollment is 5,793. This means that 85.8% of students enrolled at Texas Tech University are enrolled full-time.

    The enrolled student population at Texas Tech University, both undergraduate and graduate, is 50% White, 27.8% Hispanic or Latino, 5.84% Black or African American, 4.15% Two or More Races, 3.39% Asian, 0.341% American Indian or Alaska Native, and 0.0761% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Texas Tech University in full-time Undergraduate programs are most commonly White Male (26.5%), followed by White Female (26.2%) and Hispanic or Latino Female (15.7%). Students enrolled in full-time Graduate programs are most commonly White Female (21.5%), followed by White Male (16.4%) and Hispanic or Latino Female (7.79%).

    Full-Time vs Part-Time Enrollment

    85.8%
    Full-Time Enrollment

    The total enrollment at Texas Tech University in 2024, both undergraduate and graduate, is 40,757 students. The full-time enrollment at Texas Tech University is 34,964 and the part-time enrollment is 5,793. This means that 85.8% of students enrolled at Texas Tech University are enrolled full-time compared with 77.3% 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%
    2024 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 (82%), 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 (2024)
    1. White
      20,368 enrolled students
    2. Hispanic or Latino
      11,320 enrolled students
    3. Black or African American
      2,380 enrolled students

    The enrolled student population at Texas Tech University is 50% White, 27.8% Hispanic or Latino, 5.84% Black or African American, 4.15% Two or More Races, 3.39% Asian, 0.341% American Indian or Alaska Native, and 0.0761% 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 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 535 students (1.31%) did not report their race.

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    Graduates

    In 2024, 564 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 (5,718 degrees awarded). There were 2.18 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2,626 degrees).

    The most common Bachelor's Degree concentration at Texas Tech University is General Business Administration & Management (431 degrees awarded), followed by General Psychology (377 degrees) and General Marketing & Marketing Management (373 degrees).

    In 2024,  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 Architecture and Related Services (267 degrees awarded), Human Sciences (622 degrees), and Agriculture (585 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 (505,416 people), Other managers (471,688 people), Miscellaneous engineers, including nuclear engineers (370,600 people), Civil engineers (314,611 people), and Mechanical engineers (220,784 people).

    The most specialized majors at Texas Tech University in 2024 are Architecture and Related Services (267 degrees awarded), Human Sciences (622 degrees), Agriculture (585 degrees), Communications (953 degrees), and Engineering (1,051 degrees) (as of 2024).

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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 Surgeons, Cardiovascular technologists and technicians, Podiatrists, Physicians, and Securities, commodities, & financial services sales agents

    The most specialized majors at Texas Tech University are Architecture and Related Services (267 degrees awarded), Human Sciences (622 degrees), Agriculture (585 degrees), Communications (953 degrees), and Engineering (1,051 degrees) (as of 2024).

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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 (607,469 people), Computer Systems Design (590,015 people), Construction (401,514 people), Elementary & secondary schools (366,115 people), and Colleges, universities & professional schools, including junior colleges (348,771 people).

    The most specialized majors at Texas Tech University are Architecture and Related Services (267 degrees awarded), Human Sciences (622 degrees), Agriculture (585 degrees), Communications (953 degrees), and Engineering (1,051 degrees) (as of 2024).

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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 (2024)
    1. 431 degrees awarded
    2. 377 degrees awarded
    3. 373 degrees awarded

    In 2024, the most common bachelors degree concentration at Texas Tech University was General Business Administration & Management with 431 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

    5,114
    Degrees Awarded to Men
    in 2024
    5,678
    Degrees Awarded to Women
    in 2024

    In 2024, 5,114 degrees were awarded to men at Texas Tech University, which is 0.901 times less than the number of degrees awarded to females (5,678).

    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 2024, 310 degrees were awarded to men at Texas Tech University in Mechanical Engineering, which is 8.16 times more than the 38 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 297 degrees were awarded to men at Texas Tech University in General Psychology, which is 3.19 times more than the 93 male recipients with that same degree.

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    Time to Complete

    43%
    100% Completion Time
    67%
    150% Completion Time

    In 2024, 43% of students graduating from Texas Tech University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 69% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      5,718 degrees awarded
    2. Hispanic or Latino
      2,626 degrees awarded
    3. Black or African American
      555 degrees awarded

    The most common race/ethnicity at Texas Tech University is white (5,718 degrees awarded). There were 2.18 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2,626 degrees).

    0.612% of degree recipients (66 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      3,135 degrees awarded
    2. White Female
      3,057 degrees awarded
    3. White Female
      2,838 degrees awarded

    The most common race/ethnicity and sex grouping at Texas Tech University is white female (3,135 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white female (3,057 degrees).

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    Operations

    Texas Tech University has an endowment valued at nearly $2.12B, as of the end of the 2024 fiscal year. The return on its endowment was of 146M (6.88%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

    In 2024, Texas Tech University had a total salary expenditure of 1.25B. Texas Tech University employs 487 Assistant professors, 426 Associate professors and 409 Professors. Most academics at Texas Tech University are Male Professor (284), Male Associate professor (275), and Male Assistant professor (246).

    The most common positions for non-instructional staff at Texas Tech University are: Office and Administrative Support, with 1,325 employees, Management, with 794 employees, and Service with 473 employees.

    Endowment

    $2.12B
    2024 Endowment
    117%
    growth from 2023

    Texas Tech University has an endowment valued at about $2.12B, as of the end of the 2024 fiscal year. The endowment of Texas Tech University grew 117% from the previous year. The value of their endowment was $1.87B 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. $62.4M - Federal
    2. $36.5M - State
    3. $3.52M - Local

    As of 2024, Texas Tech University received $62.4M in grants and contracts from the federal government, $36.5M from state grants and contracts, and $3.52M from local grants and contracts.

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    Salary Expenditure

    $518M
    2024 Salaries
    7.75%
    growth from 2023

    In 2024, Texas Tech University paid a median of $518M in salaries, which represents 41.3% of their overall expenditure ($1.25B) and a 7.75% growth from the previous year. This is compared to a 10.7% growth between 2022 and 2023, and a 7.66% growth between 2021 and 2022.

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    Instructional Salaries

    $178M
    Instructional Salaries
    1,608
    Number of Employees

    In 2024, Texas Tech University paid a total of $178M to 1,608 employees working as instructors, which represents 34.3% of all salaries paid.

    This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Texas Tech University were Office and Administrative Support with 1,325 employees, Management with 794 employees, and Service with 473 employees.

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