Louisiana Tech University

www.latech.edu

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2023 Undergraduate Tuition

$6,401

2023 Average Net Price

$12,593

After Financial Aid

2020 Default Rate

0.0634%

on Student Loans

2023 Acceptance Rate

72.6%

9,263 Applicants

2023 Enrolled Students

11,427

75% Full-Time

2023 Graduation Rate

57.2%

1,047 Graduates

About

Louisiana Tech University is a higher education institution located in Lincoln Parish, LA. In 2023, the most popular Bachelors Degree concentrations at Louisiana Tech University were General Biological Sciences (119 degrees awarded), General Health Services (70 degrees), and General Psychology (70 degrees).

In 2023, 2,090 degrees were awarded across all undergraduate and graduate programs at Louisiana Tech University. 51.2% of these degrees were awarded to women, and 48.8% awarded men. The most common race/ethnicity group of degree recipients was white (1,511 degrees), 6.84 times more than then the next closest race/ethnicity group, black or african american (221 degrees).

The median undergraduate tuition at Louisiana Tech University is $6,401, which is $−24,602 less than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Louisiana Tech University was 0.0634%, corresponding to 1 out of the 1,578 total borrowers.

Doctoral Universities: Moderate Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Louisiana Tech University is $6,401, which is $24,603 less than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $12,593.

In 2023, 90% of undergraduate students attending Louisiana Tech University received financial aid through grants. Comparatively, 29% of undergraduate students received financial aid through loans.

Tuition Costs

$6,401

2023 Undergraduate Tuition

In 2023, the cost of tuition at Louisiana Tech University was $6,401. The cost of tuition at Louisiana Tech University is $−24,603 less than than the overall (public and private) national average for Doctoral Universities ($31,004).

This chart compares the tuition costs of Louisiana Tech University (in red) with those of other similar universities.

Average Net Price

$12,593

2023 Value

2.86%

1 Year Growth

In 2023 Louisiana Tech University had an average net price — the price paid after factoring in grants and loans — of $12,593. Between 2022 and 2023, the average net price of Louisiana Tech University grew by 2.86%.

This chart compares the average net price of Louisiana Tech University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$9,509

Room and Board

$1,530

Books and Supplies

The average yearly cost of room and board at Louisiana Tech University was of $9,509 in 2023. The cost of room and board increased by 1.25% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,530. The cost of books and supplies increased by 70% during the same period.

This chart compares the average student costs at Louisiana Tech University (in red) with that of similar universities.

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

29%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Louisiana Tech University received financial aid through grants or loans in 2023. This represents a decline of 4.26% with respect to 2022, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Louisiana Tech University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.0634%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Louisiana Tech University was 0.0634%, which represents 1 out of the 1578 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Louisiana Tech University received 9,263 undergraduate applications in 2023, which represents a 22% annual growth. Out of those 9,263 applicants, 6,722 students were accepted for enrollment, representing a 72.6% acceptance rate.

There were 11,427 students enrolled at Louisiana Tech University in 2023. 4% of first-time enrollees submitted SAT scores with their applications.

Louisiana Tech University has an overall enrollment yield of 33.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

72.6%

Acceptance Rate in 2023

6,722

Accepted Out of 9,263

In 2023, the undergraduate acceptance rate of Louisiana Tech University was 72.6% (6,722 admissions from 9,263 applications). This is higher than the acceptance rate of 2022, which was 62.4%. Between 2022 and 2023, the number of applicants grew by 22%, while admissions grew by 41.9%.

This chart compares the acceptance rate of Louisiana Tech University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

4% of enrolled first-time students at Louisiana Tech University in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Louisiana Tech University had a total enrollment of 11,427 students in 2023. The full-time enrollment at Louisiana Tech University is 8,575 students and the part-time enrollment is 2,852. This means that 75% of students enrolled at Louisiana Tech University are enrolled full-time.

The enrolled student population at Louisiana Tech University, both undergraduate and graduate, is 72.4% White, 11.4% Black or African American, 4.9% Hispanic or Latino, 2.21% Asian, 1.34% Two or More Races, 0.324% American Indian or Alaska Native, and 0.0438% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Louisiana Tech University in full-time Undergraduate programs are most commonly White Male (41.1%), followed by White Female (32.5%) and Black or African American Male (5.96%). Students enrolled in full-time Graduate programs are most commonly White Female (32.2%), followed by White Male (26.6%) and Black or African American Female (7.06%).

Full-Time vs Part-Time Enrollment

75%

Full-Time Enrollment

The total enrollment at Louisiana Tech University in 2023, both undergraduate and graduate, is 11,427 students. The full-time enrollment at Louisiana Tech University is 8,575 and the part-time enrollment is 2,852. This means that 75% of students enrolled at Louisiana Tech University are enrolled full-time compared with 77.9% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Louisiana Tech University (in red) compares to similar universities.

Retention Rate over Time

84%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Louisiana Tech University was 84%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Louisiana Tech University had a retention rate approximately the same as its peers.

This chart shows the retention rate over time at Louisiana Tech University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
8,270 enrolled students
Black or African American
1,307 enrolled students
Hispanic or Latino
560 enrolled students

The enrolled student population at Louisiana Tech University is 72.4% White, 11.4% Black or African American, 4.9% Hispanic or Latino, 2.21% Asian, 1.34% Two or More Races, 0.324% American Indian or Alaska Native, and 0.0438% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.5% White, 15.9% Hispanic or Latino, and 9.78% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 634 students (5.55%) did not report their race.

Graduates

In 2023, 50 more women than men received degrees from Louisiana Tech University. The most common race/ethnicity group of degree recipients at Louisiana Tech University is white (1,511 degrees awarded). There were 6.84 times more white recipients than the next closest race/ethnicity group, black or african american (221 degrees).

The most common Bachelor's Degree concentration at Louisiana Tech University is General Biological Sciences (119 degrees awarded), followed by General Health Services (70 degrees) and General Psychology (70 degrees).

In 2023, the most specialized majors across all degree types at Louisiana Tech University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (74 degrees awarded), Engineering (267 degrees), and Natural Resources & Conservation (41 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Louisiana Tech University are Software developers (457,679 people), Other managers (363,656 people), Miscellaneous engineers, including nuclear engineers (359,767 people), Civil engineers (301,210 people), and Mechanical engineers (214,630 people).

The most specialized majors at Louisiana Tech University in 2023 are Architecture and Related Services (74 degrees awarded), Engineering (267 degrees), Natural Resources & Conservation (41 degrees), Transportation (40 degrees), and Agriculture (56 degrees) (as of 2023).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Louisiana Tech University are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Louisiana Tech University are Architecture and Related Services (74 degrees awarded), Engineering (267 degrees), Natural Resources & Conservation (41 degrees), Transportation (40 degrees), and Agriculture (56 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Louisiana Tech University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (530,138 people), Computer Systems Design (524,987 people), Architectural, engineering & related services (460,321 people), Colleges, universities & professional schools, including junior colleges (430,130 people), and Construction (330,661 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Louisiana Tech University.

Most Common (2023)

General Biological Sciences
119 degrees awarded
General Health Services
70 degrees awarded
General Psychology
70 degrees awarded

In 2023, the most common bachelors degree concentration at Louisiana Tech University was General Biological Sciences with 119 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Louisiana Tech University according to their major.

Sex Breakdown for Common Majors

1,020

Degrees Awarded to Men

in 2023

1,070

Degrees Awarded to Women

in 2023

In 2023, 1,020 degrees were awarded to men at Louisiana Tech University, which is 0.953 times less than the number of degrees awarded to females (1,070).

This chart displays the sex disparity between the top 5 majors at Louisiana Tech University by degrees awarded.

Most Common Male Majors

In 2023, 109 degrees were awarded to men at Louisiana Tech University in General Business Administration & Management, which is 1.42 times more than the 77 female recipients with that same degree.

Most Common Female Majors

In 2023, 77 degrees were awarded to men at Louisiana Tech University in General Business Administration & Management, which is 0.706 times less than the 109 male recipients with that same degree.

Time to Complete

39%

100% Completion Time

58%

150% Completion Time

In 2023, 39% of students graduating from Louisiana Tech University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 58% completed their degrees within 150% of the normal time, and 60% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (78.6%)

The student demographic with the highest graduation rate in 2023 at Louisiana Tech University is Male and Asian (78.6% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 4.11% of graduates (43 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
1,511 degrees awarded
Black or African American
221 degrees awarded
Hispanic or Latino
93 degrees awarded

The most common race/ethnicity at Louisiana Tech University is white (1,511 degrees awarded). There were 6.84 times more white recipients than the next closest race/ethnicity group, black or african american (221 degrees).

3.68% of degree recipients (77 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
775 degrees awarded
White Male
736 degrees awarded
Black or African American Female
126 degrees awarded

The most common race/ethnicity and sex grouping at Louisiana Tech University is white female (775 degrees awarded). There were 1.05 times more white female recipients than the next closest race/ethnicity group, white male (736 degrees).

Operations

Louisiana Tech University has an endowment valued at nearly $92.2M, as of the end of the 2023 fiscal year. The return on its endowment was of 5.8M (6.29%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Louisiana Tech University had a total salary expenditure of 212M. Louisiana Tech University employs 99 Associate professors, 84 Professors and 67 Assistant professors. Most academics at Louisiana Tech University are Male Associate professor (62), Male Professor (56), and Male Lecturer (38).

The most common positions for non-instructional staff at Louisiana Tech University are: Office and Administrative Support, with 148 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 116 employees, and Service with 103 employees.

Endowment

$92.2M

2023 Endowment

6.88%

growth from 2022

Louisiana Tech University has an endowment valued at about $92.2M, as of the end of the 2023 fiscal year. The endowment of Louisiana Tech University grew 6.88% from the previous year. The value of their endowment was $342M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Louisiana Tech University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Moderate Research Activity Carnegie Classification grouping.

Salary Expenditure

$80.9M

2023 Salaries

7.15%

growth from 2022

In 2023, Louisiana Tech University paid a median of $80.9M in salaries, which represents 38.2% of their overall expenditure ($212M) and a 7.15% growth from the previous year. This is compared to a 2.66% growth between 2021 and 2022, and a 1.85% decline between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$30M

Instructional Salaries

366

Number of Employees

In 2023, Louisiana Tech University paid a total of $30M to 366 employees working as instructors, which represents 37.1% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Associate professor

Most Common Instructor

99 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

148 Employees

In 2023, the most common positions for instructional staff at Louisiana Tech University were Associate professor with 99 employees, Professor with 84 employees, and Assistant professor with 67 employees.

In 2023, the most common positions for non-instructional staff at Louisiana Tech University were Office and Administrative Support with 148 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 116 employees, and Service with 103 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Associate professor
Male Professor
Male Lecturer

In 2023, the most common demographic for instructional staff at Louisiana Tech University was Male Associate professor with 62 employees, Male Professor with 56 employees, and Male Lecturer with 38 employees.

This chart shows the sex split between each academic rank present at Louisiana Tech University.

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