Tarrant County College (TCC) Market Research Report

Background

Established in 1965, Tarrant County College (TCC) is a comprehensive two-year institution dedicated to providing quality education that exceeds the expectations of Tarrant County residents. With six campuses located in Hurst, Fort Worth, and Arlington, along with a fully accredited online campus, TCC offers a wide range of educational opportunities, including Associate of Arts and Associate of Applied Science degrees, workforce and economic development programs, technical and skilled trades programs, and customized training for area businesses and corporations.

Key Strategic Focus

TCC's strategic focus centers on enriching the student and employee experience, strengthening the local economy, and enhancing its prominence as a leading comprehensive two-year institution. The college is committed to providing affordable and open access to quality teaching and learning, with a particular emphasis on workforce development and community engagement. TCC offers more than 240 high-quality degree and certificate options, collaborating with over 1,200 partners to align its programs with industry needs.

Financials and Funding

In June 2022, TCC received an 'AAA' long-term credit rating from S&P Global Ratings for its $352 million in general obligation bonds, reflecting the college's fiscal responsibility and stable financial practices. The bond proceeds are allocated for capital improvements to modernize and enhance the student experience across its campuses. Additionally, TCC secured nearly $64 million in outcomes-based state funding for fiscal year 2024, demonstrating its commitment to student success and academic excellence.

Pipeline Development

TCC continually develops and expands its program offerings to meet the evolving needs of the community and workforce. Recent initiatives include the launch of a Medical Assistant program, indicating a focus on healthcare education. The college also received a $350,000 National Science Foundation Advanced Technological Education grant, underscoring its commitment to innovation and technological advancement.

Technological Platform and Innovation

TCC has been recognized for its excellence in online education, being named one of "America's Top Online Colleges" by Newsweek and Statista in 2021. The college's fully accredited online campus, TCC Connect, offers flexible learning options, including eLearning and Weekend College, enabling students to earn degrees in 18 months or less through online and face-to-face classes. In October 2023, TCC was designated as a National Center of Academic Excellence in Cyber Defense, highlighting its commitment to providing high-quality, industry-relevant cybersecurity education.

Leadership Team

Elva LeBlanc: Chancellor

Shannon Bryant: Executive Vice President for Corporate Solutions & Economic Development

Carlos Morales: President of TCC Connect

These leaders have been instrumental in advancing TCC's mission, focusing on student success, workforce development, and community engagement.

Leadership Changes

In February 2024, TCC initiated a six-month strategic planning process under the leadership of Chancellor Elva LeBlanc, aiming to develop a framework that will guide the college into 2030 and beyond.

Competitor Profile

Market Insights and Dynamics

TCC operates within the higher education sector, specifically focusing on community college education. The market is characterized by a diverse student population seeking affordable and accessible education options, with a growing emphasis on online learning and workforce development programs.

Competitor Analysis

Key competitors include other community colleges in Texas, such as McLennan Community College, Navarro College, and North Central Texas College. These institutions offer similar degree and certificate programs, with varying focuses on online education, workforce training, and community engagement.

Strategic Collaborations and Partnerships

TCC has established numerous partnerships to enhance its educational offerings and community impact:

Fort Worth Film Collaborative: Launched in Fall 2023 in partnership with the Fort Worth Film Commission and 101 Studios to support local talent and build a robust film industry workforce in Tarrant County.

Siemens Partnership: Creating a talent pipeline for nuclear medicine technicians, with TCC's program being one of only five in Texas.

Microelectronics and Nanomanufacturing Certificate Program: Offered in collaboration with Penn State and UT Arlington to strengthen applicants for semiconductor jobs, particularly targeting veterans and their dependents.

Next Phase Program: A partnership with the Tarrant County Jail providing nonviolent offenders the opportunity to start certificate completion classes while serving their time and finish upon release.

Operational Insights

TCC's strategic initiatives, such as the Everyday Entrepreneur Venture Fund (EEVF), demonstrate its commitment to supporting small businesses and fostering economic development within the community. The EEVF provides seed funding, customized education, and mentorship to selected small businesses in Tarrant County, enhancing their chances of success and contributing to the local economy.

Strategic Opportunities and Future Directions

TCC is focused on developing a strategic plan that will guide the institution into 2030 and beyond. This plan aims to build on the college's strengths, enhance student and employee experiences, and strengthen its role in the local economy. By leveraging its partnerships, expanding program offerings, and maintaining fiscal responsibility, TCC is well-positioned to continue its mission of transforming lives and communities through education.