Texas Tech University

2023

President's Annual Report

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Note from the President

What a year it has been!

Texas Tech University's centennial reminded us of our rich history—shaped by visionaries, committed faculty and staff, and, most importantly, extraordinary students.

We spent 2023 honoring a century that has turned potential into power, education into inspiration, and passionate students into proud alumni.

Our future will be defined by our continuing commitment to that special experience that empowers every Red Raider to realize their full potential as we respond to the challenges and opportunities the next century will present.

Thanks to each of you for being part of this historic celebration and this milestone year.

Sincerely,

Lawrence Schovanec
President

Road Raiders

Texas Tech hit the road in 2023 to celebrate the university's centennial. Events in Dallas, Houston and Austin shined the brightest light possible on Texas Tech's 100th anniversary, but we weren't done there. In November, the Goin' Band from Raiderland took center stage and helped cap the Red Raider road show in style, appearing on the "Today" show and taking to the streets of New York for the Macy's Thanksgiving Day Parade. The celebrations wrapped up with the 65th annual Carol of Lights on December 2.

We've weathered storms, celebrated triumphs, and we've evolved to meet the ever-changing needs of our state, nation and the world.

- President Lawrence Schovanec


We've weathered storms, celebrated triumphs, and we've evolved to meet the ever-changing needs of our state, nation and the world.

- President Lawrence Schovanec


Centennial Celebration Events

Record Breakers

Texas Tech began the Fall 2023 semester with first-year and graduate enrollment records. Research expenditures also reached new heights.

Record

40,944

Students

Record

7,251

First-Year Students

Record

7,455

Graduate Enrollment

Total

$230M+

Research Expenditures

Total

$58M+

Federal Research Expenditures

Total

$83M

In Federal Awards

Total

$161M+

Fundraising

Created

102

Endowments

Raised

$430K+

Texas Tech Day of Giving

Difference Makers

Through generous gifts, proud alumni and community members made 2023 a remarkable year for philanthropic support.

Thoma Scholars Program for Rural Students Announced

Carl and Marilynn Thoma partnered with Texas Tech to create the Thoma Scholars program for rural students. Their generosity provides a groundbreaking scholarship for students from the Oklahoma Panhandle, Texas Panhandle and eastern New Mexico who have shown exceptional academic and leadership accomplishments.

Read the Story

Texas Tech Invests in DFW Site

With a continued commitment to thinking beyond West Texas, Texas Tech DFW is more than a symbol of expansion. Positioned strategically in Irving, Texas—the state's largest metropolitan area—the site serves as a hub for education, innovation and community engagement. Tailored to meet the diverse needs of students, TTU DFW will offer hybrid degree programs, academic resources and cutting-edge meeting spaces.

View Texas Tech DFW Site

Future Teachers Awarded Impactful Scholarship

Ben and Roxane Strickling felt the need to make a difference in the lives of future teachers and did so with a generous gift to the College of Education. Their financial support will make an immediate impact on the lives of every teacher candidate in the college, with each senior in the TechTeach program receiving $1,000 to help them as they finish their degree.

Read the Story

School of Accounting Renamed Thanks to Significant Gift

Terry and Susan Lyons made a significant gift to the School of Accounting in the Jerry S. Rawls College of Business. The gift will provide comprehensive support to students in what is now known as the Terry Lyons School of Accounting by funding scholarships, research and industry outreach.

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Excellence Chasers

From student success to employee satisfaction, Texas Tech once again proved that From Here, It's Possible™.

Raider Success Hub Launches at Texas Tech

In 2023, the university launched Raider Success Hub, a holistic approach to student success. With a system intentionally designed to provide proactive advocacy for students, the resources available through Raider Success Hub make it a one-stop shop for Texas Tech students looking for help.

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Texas Tech Earns Fifth Great Colleges to Work For® Recognition

For the third straight year and the fifth time since 2014, Texas Tech was recognized as one of the Great Colleges to Work For®. Thanks to high ratings in job satisfaction, professional development and more, the university was one of just 42 institutions in the nation listed as part of the Honor Roll.

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Ranch Horse Team Wins Third Straight National Title

The tradition of success for Texas Tech's Ranch Horse Team continued in 2023 with a third straight national title. With a sweep on individual national champions in the Non Pro, Limited Pro and Novice divisions as well as the top individual performer overall, the Ranch Horse Team's accomplishment was nothing short of dominant.

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Texas Tech Named Top 10% Best for Vets

Texas Tech continued its tradition of being a military-friendly campus and in 2023 earned a ranking from “Military Times” in its “2023 Best for Vets Colleges.” The annual comprehensive ranking of best schools for military service members and veterans placed Texas Tech in the top 10% of schools nationally for the culture of support fostered on campus.

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TUF Wins

When it comes to legislative wins, 2023 offered plenty, though none were more significant than November's TUF vote. Thanks to the support of voters across Texas, Texas Tech will receive a share of a $3.9 billion Texas University Fund endowment, which is focused on research.

New Faces

Texas Tech welcomed two new deans in 2023.

Clint Krehbiel

Clint began as dean of the Davis College of Agricultural Sciences & Natural Resources in January 2023. A Kansas native, he grew up on a diversified farm. Clint brings extensive experience in ruminant nutrition and health as the former assistant head of the Department of Animal Science at Oklahoma State University.

Read the Story

Roland Faller

In August 2023, Roland began as dean of the Edward E. Whitacre Jr. College of Engineering. He came to Texas Tech from the University of California, Davis, where he held the position of executive associate dean of engineering as well as associate dean of graduate studies and associate dean for facilities and capital planning.

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Offered Over

$220M

in Scholarship Support

FY 22-23

9,887

Degrees Conferred

FY 22-23

424

Doctoral Degrees Conferred

Four-Year Graduation

12%

Rate Up In Five Years

Carol
Korzeniewski

Named American Association
for the Advancement of
Science Fellow

Linda
Gosner

Received American Council
of Learned Societies
Fellowship

Werner
Kuhr

Named to National
Academy of Inventors

Gen. C.Q.
Brown, Jr.

Named Chairman of the
Joint Chiefs of Staff

Ribbon Cutters

Texas Tech saw new buildings, experiential learning platforms and area enhancements to our campus in 2023, offering new opportunities for students and visitors alike.

LISD AgriSTEM Building Opens on Campus

Lubbock ISD and Texas Tech partnered to bring the LISD AgriStem building to campus. The state-of-the-art facility benefits LISD's agriculture students while bringing added resources and opportunities for Texas Tech students as both mentors and researchers.

Read the Story

Military & Veterans Tribute Walk and Wall of Honor Unveiled

In November, Texas Tech paid tribute to our heroes by cutting the ribbon on the Military Wall of Honor, which recognizes eight honorees who were killed in action or distinguished themselves on the battlefield, and the Military & Veterans Tribute Walk, which comprises a brick and paver walkway dedicated to all service members who attended Texas Tech.

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Mast Raised on Full-Scale Oil Rig

In January, Texas Tech became the first university in the nation to raise the mast on a full-scall oilwell drilling rig on campus. Located at the East Campus Oilfield Technology Center, the rig offers students in the Bob L. Herd Department of Petroleum Engineering a unique training opportunity.

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Cash Family Ranch Life Learning Opens at NRHC

Opened in October, the Cash Family Ranch Life Learning Center provides an immersive indoor and outdoor ranching experience for all ages guided by the famous character of Hank the Cowdog. The exhibit melds holograms, video projections and simulation tables with hands-on ranching experiences.

Read the Story

Banner Year

Bearing our banners far and wide, our former student-athletes had a remarkable year in 2023, winning championships, making all-star teams and earning their place among the legends of their sports. On campus, the soccer team claimed its first Big 12 regular season title, the men's track team won the program's third Big 12 indoor crown and the football team won the Independence Bowl over the University of California.

Josh
Jung

Rookie All-Star Starter,
World Series Champion,
.308 Postseason BA

Ludvig
Åberg

PGA Tour Winner,
Ryder Cup Champion,
Four Top-10 as a Rookie

Patrick
Mahomes

NFL MVP,
Super Bowl Champion,
Super Bowl MVP

Zach
Thomas

Five-Time All-Pro,
NFL HOF Class of 2023,
1720 Total Tackles

Moving Forward

The Centennial year came to a close in early December with the 65th annual Carol of Lights®. The festivities, presented by Coca-Cola, included performances from Lost Wax, Cirque Entertainment, the Texas Tech University Choirs, Annie Chalex Boyle and Mariachi Los Matadores, alongside fireworks and a drone show. A new century has arrived at Texas Tech, and the future is brighter than ever.

We are steadfast in our belief that the best is yet to come for Texas Tech University, and From Here, It's Possible™.

- President Lawrence Schovanec


We are steadfast in our belief that the best is yet to come for Texas Tech University, and From Here, It's Possible™.

- President Lawrence Schovanec


65th Annual Carol of Lights

Office of the President