A non-refundable application fee of $75 USD (5,544 INR) is charged by the university. Undergraduate degrees at Texas Tech University typically cost roughly 40,000 USD (29.5 lakh INR). The cost of attending Texas Tech University for graduate programmes is approximately 32,600 USD (19.32 lakh INR).

More than 7,400 students are housed on campus in 13 residence halls, 4 suite-style halls, and 1 apartment complex. The majority of on-campus rooms are double/triple occupancy, with a few single occupancy options available. Students have the option of living in standard halls, pods, or distinct graduate housing. Texas Tech charges separate fees for accommodation and food. A typical student's on-campus living bill was $4,675, and an average eating plan was $3,995.

The university currently has 36996 students enrolled. Texas Tech had roughly 2,186 international students from this diversified international pool. Texas Tech University offers a tough admissions process, notably for the top-ranked online engineering programmes, with a 66 percent acceptance rate.

The Texas Tech University campus in Lubbock, located on the South Plains of West Texas, features Spanish Renaissance architecture across the school. The site also houses a law school and a medical school in addition to the university. The Vietnam Center and Archive, located on 1,839 acres, is the nation's largest and most complete collection of material on the Vietnam War. The campus also houses the Museum of Texas Tech University, which houses approximately three million objects and specimens.

Texas Tech University is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) to award baccalaureate, master's, and doctorate degrees.

MS is Texas Tech University's highest-paying degree, with alumni earning an average salary of 126,000 USD. Students pursuing a BSc earn the second-highest average salary of $84,000 USD. Accenture, City BB, HP, AT&T, and McKesson are among the companies recruiting at the university. In their early careers, Texas Tech University graduates earn an average of $47,000.