College students and parents beware. The cost of attending Texas Tech is going up again. The Budget Advisory Council is recommending a 4% increase in tuition. The extra money would help hire more faculty and offer pay raises to existing staff. You'll recall in February, the university announced it would not raise tuition by more than 5%.
Here's how the 4% increase would effect students. Every credit hour would cost an additional $5. For a student taking fifteen hours, the increase would be $75 more per semester. The increase is significantly less than the one students experienced in 2004, when state budget cutbacks resulted in a 36% tuition increase.
Texas Tech regents will vote on the 4% increase, April 7th.
|2005 Tax Guide|