TTU Home Official Publications Home

Financial Information

Christine Blakney, Managing Director
Student Business Services

Student Business Services
Texas Tech University
301 West Hall
Box 41099
Lubbock, TX 79409-1099
(806) 742-3272, toll free (866) 774-9477
Fax: (806) 742-5910
www.sbs.ttu.edu

Quick Links

Tuition and Fees

Student Business Services (SBS) is responsible for billing and collection of student accounts. Texas Tech reserves the right, without notice in this or any other publication, to change, amend, add to, or otherwise alter any or all fees, dues, rates, or other charges set forth herein and subject to action by the Texas State Legislature, the Board of Regents of the Texas Tech University System, or other authority as the case may be.

Texas Tech University reserves the right to deny credit for coursework completed in a semester or term and/or registration in a future semester or term for unpaid balances. This also includes the release of official academic transcripts and access to grades.

The university accepts no responsibility for billings or refund checks sent to incorrect addresses or difficulties caused by the postal service or other delivery services.

It is the student’s responsibility to ensure that payment is in the possession of Student Business Services by the university established due dates announced each semester.

 

Payment Policy

Failure to make payment arrangements by the due date may result in cancellation of the student’s registration. Students who choose the payment option or who incur incidental fees during the semester must make full payment by the established due dates or may be prohibited from registering for future terms until full payment is made. A student who is not 100 percent paid prior to the end of the term may be denied credit for coursework completed that semester or term.

Payment arrangements must be made by the established due dates. See www.sbs.ttu.edu for payment due dates. Students will receive email notification of billings as statements are posted to the eBill site. All notifications will be sent to the official email of record which is the student's ttu.edu email account.

Payment must reach Student Business Services by close of business on the due date. Cancellation for non-payment may occur after close of business on the due date. Students who are cancelled prior to the first class day for nonpayment must re-register for classes, and the original schedule is not guaranteed. Late fees and other incidental charges must be paid in full or payment arrangements made before registration, grade, and transcript holds will be released. Late fees are subject to collection.

 

Payment Agreement Options

The Budget Payment Option may be used for tuition, mandatory fees, optional fees, and housing. The Emergency Payment Option is intended to provide coverage for statutory tuition and fees if aid or exemptions have been delayed.

All payment plans will be calculated on the account balance as of the payment plan enrollment date and will be adjusted for additional charges or credits occurring on the account during the term. See the Student Business Services website at www.sbs.ttu.edu for detailed information.

Budget Payment Option

  • Available fall and spring terms only. Separate application required for each term.
  • Payments in four installments (25% each) of the total account balance.
  • $25 enrollment fee due at time of set up.
  • Initial installments may also be due depending on the time of enrollment.
  • Down payments reduce the overall plan balance and do not count toward the first installment..

Emergency Payment Option

  • Available fall, spring, and summer terms for students who owe a minimum of $2,000 of tuition and mandatory fees. Students with accounts that do not meet this threshold must visit the Student Financial Center at 301 West Hall to be administratively enrolled.
  • This plan does not include balances due for housing, incidental fees or other institutional charges. Those charges must also be paid prior to the end of the term to avoid holds or late fees regardless of the installment amount provided in the payment plan agreement.
  • A separate application is required for each term.
  • For fall and spring terms, this plan allows students to defer initial payment for approximately 30 days through financing provided by a short term, no interest loan. The balance will be paid in three installments.
  • For summer term, 100% emergency loan applied as payment and a single due date for payment in full.
  • $25 service charge due at time of set up.
  • Initial installments may also be due depending on the time of enrollment.
  • Down payments reduce the overall plan balance and do not count toward the first installment..

 

Billings

Notification of billings will be sent via email to all registered students approximately one month prior to the due date. Updated statements will be posted to the student account monthly throughout the term. Students with incidental charges and not enrolled in a payment plan must pay their account balance in full within 30 days of the charge being posted to the account to avoid late fees. Students enrolled in payment plans must abide by the terms and deadlines established in the plan agreement. Students are billed based on their residency and location of classes. Students must verify their address each term when registering and may change their address on file any time by entering the change at www.raiderlink.ttu.edu.

Back to Top

 

General Payment Information

How to Pay. Payment can be made as follows:

  • In Person. Students can pay in cash at the Student Business Services office located in the Student Financial Center at 301 West Hall or by personal check, cashier’s check, money order, VISA, MasterCard, American Express, or Discover Card. Checks should be made payable to Texas Tech University. All payments made other than cash are subject to final acceptance for payment. Checks may be held pending verification of payor. Temporary checks will not be accepted.
  • Mail. Cash should not be sent through the mail, and Texas Tech accepts no responsibility for cash sent by mail. Payments should be mailed to Box 41099, Lubbock, TX 79409 at least five to seven days prior to the due date. Express mail payments should be sent to Student Business Services, Texas Tech University, 301 West Hall, Broadway and Akron, Box 41099, Lubbock, TX 79409-1099.
  • Online Credit Card, Debit Card or E-Check Payments. Pay online at www.raiderlink.ttu.edu.

Account Information. Tuition and fee information can be obtained at www.raiderlink.ttu.edu from the MyTech tab. The student’s eRaider user ID and password will be required to view this information. Students may add authorized users. These users will be given a separate login and can access billing information from a separate site. Students should never divulge their eRaider user ID and password. Doing so constitutes a violation of institutional policy and can result in disciplinary action.

Late Payment Fee. A $50 late fee may be charged monthly for delinquent accounts. Postmarks will not be considered when assessing this charge.

Dropped/Late Registration Fee. A $50 fee may be charged to registrations after classes have begun or for registrations dropped due to non-payment.

Returned Check Charge. A $30 fee may be assessed for each check returned from the bank unpaid. A returned check for initial payment of tuition and fees may result in cancellation of enrollment. Responsibility rests with the student regardless of the maker of the check. If payment is returned for insufficient funds, SBS may restrict a student from using the same bank account for future payments.

Cancellation Fee. $300 fee may be charged for cancellations occurring after the 12th class day (4th class day in summer). For student registrations to be reinstated the student must make appropriate payment arrangements prior to the term report date (20th class day in fall/spring; 15th class day in summer terms). Failure to make payment arrangements by the report date may result in the student being denied reinstatement but still held financially responsible for cancelled courses.

All fees are subject to collection and must be paid in full before registration, grade, and transcript holds will be released. Fee amounts are subject to change by action of the Board of Regents without prior notice..

Back to Top

 

Refund Policy

Refunds will be issued by Texas Tech University in the form of ACH to the bank account of your choice or by paper check.

Students must visit www.raiderlink.ttu.edu and select the MyTech tab to establish direct deposit information to elect refunds via ACH. Students must also have an active address in the Texas Tech system for refunds to be processed. It is the student’s responsibility to maintain a correct, active address with Texas Tech to ensure receipt of refunds.

To expedite refund availability, students should enter their bank routing and account numbers in My Direct Deposit available at www.raiderlink.ttu.edu. Students who do not provide ACH information or whose information is invalid will receive a paper check mailed to the address on file. ACH refunds will be processed multiple times per week. Paper checks will be processed only once a week. For security purposes, all checks will be mailed. No checks will be distributed in person. Due to significant cost, security issues and untimely receipt of payments via paper check, students are highly encouraged to sign up for My Direct Deposit.

Change in Class Schedule. Any refund as a result of class change will be processed and distributed no later than the 35th class day of a fall or spring semester or the 20th class day of a summer term. The class change refund amount will be in accordance with the following:

  • Summer Terms: Refund for a Dropped Course
  • Fall or Spring Semester: Refund for a Dropped Course

Any refund due to a student will be made after calculation of the amount of tuition and fees due at the time of withdrawal. If the student has paid less than the amount due at the time of withdrawal, the student will be required to pay the percentage due.

Federal Refund Formula. The federal refund formula requires federal student aid to be refunded at a pro rata basis if a complete withdrawal from the institution occurs before 60 percent of the semester has been completed. Any amounts in excess of this pro rata calculation that have already been refunded to the student are subject to immediate collection.

 

Tuition and Fee Rates

A complete list, including authority and explanations for tuition and fees, is available on the SBS website (www.sbs.ttu.edu) in the Global Fee Document. Tuition and fee grids are provided on the SBS website to assist students in estimating the cost of attendance based on enrolled semester credit hours.

Residency Status Determination

For rules governing the determination of residency status as defined by the Texas Higher Education Coordinating Board, see the website www.admissions.ttu.edu/residency-requirements.

Back to Top

 

General Information

Tuition Rate for Excess Doctoral Hours. Doctoral students registering with 130 or more doctoral hours (150 in the areas of clinical psychology and counseling psychology) may be required to pay out-of-state tuition (full cost of education). These fees may not be waived by virtue of employment or scholarship.

Tuition Rate for Excess Undergraduate Credit Hours. Texas Education Code, Section 54.014, states that a resident student who has attempted 30 semester credit hours in excess of the number of hours required for completion of the degree program in which the student is enrolled may be charged a higher tuition rate not to exceed the rate charged to a nonresident.

Tuition Rebate for Certain Undergraduates.Under a state program authorized by Texas Education Code 54.0065, qualified students may be eligible for a rebate of a portion of the undergraduate tuition the student has paid. See the Higher Education Coordinating Board website (www.thecb.state.tx.us/GeneralPubs/Agenda/Ag2003_01/IXF/IXFRules13.pdf) for more information and requirements for the rebate program. Contact Student Business Services for information regarding outstanding student loans and the application of the rebate toward them. All application forms must be submitted to Student Business Services prior to graduation to be accepted under the rebate program guidelines.

For questions or further information, contact Student Business Services at 806.742.3272 (toll free 866.774.9477) or email sbs@ttu.edu.

Exemptions and Waivers

All exemptions and waivers have been authorized by statute in the Texas Education Code or through action of the Board of Regents of the Texas Tech University System. Texas Tech reserves the right, without notice in this or any other publication, to change, amend, add to, or otherwise alter any or all exemptions and waivers subject to and in accordance with actions of the Texas State Legislature and/or the Board of Regents.

Exemption and waiver requests must be submitted no later than the 12th class day of a fall or spring semester or the 4th class day of a summer term. It is the student’s responsibility to check the student account prior to the 20th class day to ensure the application of a waiver. Under no circumstances will exemptions and waivers be accepted after the 20th class day, unless authorized by state law.

Texas Tech University reserves the right to apply exemptions and waivers after the census day (12th class day of a fall or spring semester or the 4th class day of a summer term). Texas Tech University reserves the right to audit any exemption or waiver prior or subsequent to application to a student’s tuition and fee account and make account adjustments as necessary.

Certain exemptions and waivers are subject to verification of Selective Service registration and Satisfactory Academic Progress. Exemptions and waivers may be denied or revoked during the term if either verification does not meet state guidelines.

A complete list of waivers and exemptions offered by Texas Tech University can be found on the SBS website (www.sbs.ttu.edu).

For questions or further information, contact Student Business Services at 806.742.3272 (toll free 866.774.9477) or email sbs@ttu.edu.

 

Back to Top