FOR IMMEDIATE RELEASE
Date: April 7, 2005
CONTACT: Sally Logue Post, firstname.lastname@example.org
LUBBOCK – The Texas Tech University System Board of Regents today approved a $3 per
credit hour increase in the tuition charged by the university for the fall 2005 semester.
An increase in some student fees was also approved
The university’s budget advisory committee, which consists of faculty, students, staff
and deans, recommended the increase. Students can also anticipate a $2 per semester
credit hour increase in the amount of tuition set by the state. Based on 15 semester
credit hours, students will see an increase in tuition of $75 and a fee increase of
$76.75 for a total of $151.75 per semester.
Despite increases, Texas Tech freshman students are taking more semester credit hours.
For the fall 2004 semester, the average number of credit hours taken by entering freshmen
increased to 14.47 hours as compared to 13.95 hours taken for the fall 2003 semester.
The increase in semester credit hours is in line with the successful launch of the
Texas Tech’s Graduate on Time program, which is a commitment on the part of the university
to help students graduate in a timely manner and move into the workforce sooner.
“The increase in tuition in fees is necessary for Texas Tech to continue to provide
a quality education for our students,” said Jon Whitmore, president of the university.
“Our students are our first priority. With decreased funding from the state during
the last biennium, we must look to other sources of revenue to provide top quality
faculty, information technology and education equipment for our students.”
Tuition increases support the university’s goal of hiring 100 new faculty members,
increasing scholarship funds available to students and providing start-up research
funding for new and existing faculty members. Final expenditure plans will be put
in place after funding from the state Legislature is decided.
Previous tuition increases have, in part, funded the hiring of 43 new faculty for
the fall 2005 semester, provided nearly $900,000 in funds to improve the undergraduate
advising system and made possible the purchase of new laboratory equipment.