LUBBOCK, TX (KCBD) - Texas Tech's tuition is going up, but how does it compare to other public Texas universities.
If the average student takes 15 credit hours a semester, the tuition and fees are going up $776 a year. An increase that has some students worried, but school officials still pleased with where Tech stands.
An increase in Texas Tech's tuition rate is about to take effect this fall. "If people go back and look we still are significantly lower then the other competitors that we are up against," said Chancellor Kent Hance.
The breakdown, about an additional $388 per semester. "I think tuition is already expensive I can't believe it's going up even more so it kind of boggles my mind," said student Shane Boid.
Extra money Boid, who is about to start his 5th year, just doesn't have. "I have scholarships and financial aid but I'm having to probably take out loans now because it is getting so expensive," said Boid.
Hance says in order to reach tier one status, the increases are necessary. "As we grow, we have to hire additional professors, and we also have to have additional help and additional professors as far as research is concerned," he said.
But how does Tech stack up against other Texas universities? "I haven't really compared the other schools now, but it seems like maybe they are at the same now," said Boid.
We looked at these six public Texas universities, University of Texas, Texas A&M University, Texas State University, Texas Tech University, University of Houston, and University of North Texas.
For the 2010- 2011 school year, Texas Tech's tuition is below the University of Texas, and the University of Houston.
As for Texas A&M, the university has not yet released it's tuition increase numbers for the next school year, but if they have around the same increase as Tech, their rates would be higher as well. "We're still below our peers and we are still utilizing our money in a very conservative way," said Hance.
2010-2011 tuition rate, numbers are approximate per year
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