The Board of Trustees approved a 4.7% tuition increase for the next school year.
A message from the desk of the Chancellor announced the increase in the sixth paragraph of the campus-wide email. A later email to students announced the increase more succinctly.
The increase to TCU’s 2026-27 tuition will allow “the university to maintain and advance TCU’s standard of excellence in academics and student experience, while addressing economic factors that impact operational costs,” according to the first email.
Tuition is currently $63,500 and will increase to around $66,500 the next academic year.
For context, the average cost of tuition for private colleges in the nation is a little over $43,000, the most expensive being University of Southern California at over $75,000, according to Business Insider. TCU is still more expensive than Harvard.
Last year, the board approved a 3% tuition increase following a 7.9% and 6% increase the years prior. The 6% increase announced in the fall of 2022 was around $3,000, the same monetary increase as this year’s 4.75%.
Tuition has increased every year in the past decade except 2020.
The Anne Burnett Marion School of Medicine tuition, the Neeley School of Business differential tuition, need-based aid and select academic scholarships will all increase 4.75% to match.
According to admissions, 80% of students at TCU are on some financial aid, and 70% graduate debt free. TCU offers educational loans, grants, work-study opportunities and merit-based scholarships and scholarship programs.
The university will launch the “TCU for Texans” program this upcoming academic year as well. Incoming students who are Texas residents, Pell Grant eligible and with a adjusted gross family income of 70,000 or less are qualified for free tuition and food and housing assistance.
The email from the desk of the Chancellor also announced several major capital projects, including new housing, parking and a Sesquicentennial Plaza.
Even with the additional operational expenses of these projects, the board expressed their “desire to continue moderating tuition increases.”
TCU’s total current enrollment is 12,980 with 5,691 occupying on-campus housing at 101% capacity.
