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Tuesday, March 11, 2014 - 9:41pm
El Paso, TX (KDBC) — March 11, the Texas Tech University System Board of Regents an almost 4% increase in tuition and fees for the 2014-15 academic year.
That's about $182.75 for 15 semester credit hours, or $365.50 for a 30-hour academic year.
Texas Tech President M. Duane Nellis said the money is required to improve the quality of instruction.
"After holding tuition and fees flat last year, we requested the modest increase to allow us the resources needed to invest in our outstanding faculty and staff and continue the quality education and college experience our students expect,"
It is estimated Texas Tech's overall tuition and fees of $9,607.60 for the 2014-15 academic year will rank third-lowest out of nine peer institutions across the state, including the University of Texas and Texas A&M University, and third-lowest among Big 12 Conference member institutions.
The Board of Regents also approved an optional fixed tuition-only plan for incoming undergraduate students. This plan will hold designated tuition flat for 12-consecutive semesters (four years). A student enrolled in this option must graduate within the 12-semester period to maintain the initial tuition cost.