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67.3%Acceptance
$11,852Tuition
32,446Students
68%Grad Rate (6-yr)
$62,454Earnings
#8 in TexasPublic4-yearSAT/ACT Test OptionalResearch UniversityNCAA Division IStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$11,852
Out-of-State Tuition
$24,451
Average Net Price
$20,071
Students Receiving Financial Aid
25.8%
Room & Board (On Campus)
$10,460
Room & Board (Off Campus)
$10,460
Books & Supplies
$1,200
Total Cost of Attendance
$23,512
Median Debt at Graduation
$21,500
Estimated Monthly Loan Payment
$228/mo
Loan Repayment Rate
65.1%
Students Taking Federal Loans
43.5%
Pell Grant Recipients
25.8%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $13,922
$30,001 – $48,000 $15,173
$48,001 – $75,000 $18,376
$75,001 – $110,000 $23,239
$110,001+ $24,903

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Families earning under $30,000 pay just $13,922 annually at Texas Tech, while those making over $110,000 face nearly $25,000. The net price of $20,071 puts four years around $80,000 for most students. Only 25.75% receive need-based aid, reflecting the university's focus on serving middle-class Texans who don't qualify for Pell Grants.

Graduates leave with $21,500 in median debt, translating to $228 monthly payments. That's manageable against median earnings of $62,454 ten years out, especially for engineering and agriculture majors who command higher starting salaries. The 65% loan repayment rate shows most handle their obligations successfully. In-state students get the best deal here since 92% of enrollment comes from Texas. Out-of-state families pay more with limited financial aid options at this public university built primarily to serve Lone Star State residents.

Official Net Price Calculator

Get a personalized cost estimate from Texas Tech University:

Visit Official Net Price Calculator

This links to the school's federally-required net price calculator for a personalized estimate.