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TTUS Board Approves Tuition Rate for 2012-13

March 02, 2012

The Board of Regents of the Texas Tech University System on Friday, March 2, approved for the 2012-13 academic year a tuition-and-fee schedule that reflects a 1.96 percent increase in overall costs, the lowest increase in 20 years for Angelo State University.

Regents kept all fees for the 2012-13 academic year at current levels and approved a designated tuition increase of $4.81 per semester credit hour for in-state residents.  Next academic year, in-state residents will pay $116.48 per semester credit hour.  The increase means a student taking 15 semester credit hours will pay $72.15 more per semester or $144.30 more per academic year. 

Total semester cost for a student enrolled in 15 semester credit hours will be $3,746.70 for the next academic year as compared to $3,674.55 currently. 

“We have worked diligently to keep our costs within reach of the average family,” ASU President Joseph C. Rallo said.  “Even with this modest tuition increase, Angelo State remains a terrific educational value, enhanced by our strong financial aid program and our Carr Academic Scholarship offerings.” 

Rallo noted that, according to U.S. News and World Report’s Best Colleges for 2012, only 43 percent of ASU graduates had college debt upon completing their degrees.  That was the sixth-lowest percentage among regional universities in all 50 states, according to the magazine.  Additionally, the publication reported that only nine regional universities nationally had a lower average debt burden for graduates than did Angelo State, which reported an average debt of $10,712. 

In addition to the new tuition-and-fee schedule, board members adopted rates for room and board for 2012-13.  Based on a 10-month schedule, room rates for all seven ASU residence halls will remain the same for the next academic year.  Board for the seven-day, 21-meal plan beginning this fall will increase to $2,728 from the current $2,665.