A public research university in Lubbock, Texas, Texas Tech University was established on Oct. 2, 1923, and is the flagship institution of the five-institution Texas Tech University System. As of Fall 2023, the university enrolled 40,944 students, making it the sixth-largest university in Texas with a $3.5 billion statewide economic impact. Over 25% of its undergraduate student population identifies as Hispanic, so the university has been designated a Hispanic-serving institution (HSI). The university offers degrees in more than 150 courses of study through 13 colleges and hosts 60 research centers and institutes. Texas Tech is classified as “R1: Doctoral Universities – Very High Research Activity” with $230 million in research expenditures.