by our College Data Analytics TeamCollege Factual set out to determine if Texas Tech is asking a fair price for the quality of education they provide. Keep reading for the detailed value report.
Texas Tech University is ranked #362 out of 2,223 for value nationwide.
Compared to other schools of similar quality, Texas Tech University is priced well for the kind of quality provided and is thus a good value according to College Factual's Best for the Money Ranking.
| School | Total Price | Value Grade |
|---|
*Total price is determined by multiplying average annual cost by time to graduate.
The average Texas Tech student's degree will cost an estimated $140,847. This is based on an average price (with and without aid) of $31,369 and a typical 4.49 years to graduate.
| Amount | |
|---|---|
| Average Yearly Cost | $31,369 |
| Average Years to Graduate | 4.49 |
| Estimated Avg Total Cost of Degree | $140,847 |
Depending on your personal circumstances, your net price may be well below the average Texas Tech net price, which could make this school a better value. You may quality for more financial aid, or be able to complete your degree faster than average. Get more details on Texas Tech cost.
The net price YOU pay may be very different than the typical net price.
Look at the table below to get a sense of how Texas Tech value for your educational dollar might vary.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $160,024 | #0 | F |
| All Students | $140,847 | #362 | A- |
| Only Students Receiving Aid | $125,154 | #564 | B |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $121,930 | # | F |
| All Students | $102,754 | # | F |
| Only Students Receiving Aid | $87,061 | # | F |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Texas.
About 86% of Texas Tech students receive financial aid. Get more details on what Texas Tech financial aid you may qualify for.
College Factual calculates value by calculating average Texas Tech cost multiplied by time to graduate, and then compares that number to other schools of a similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.
Read the full Best for the Money Ranking Methodology.
Image Credit: By Johan Hendrikse under License
College Factual's Best for the Money Ranking Methodology.