LeTourneau University

www.letu.edu

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2023 Undergraduate Tuition

$34,680

3% growth from 2022

2023 Average Net Price

$27,007

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

40.7%

3,518 Applicants

2023 Enrolled Students

3,389

41.7% Full-Time

2023 Graduation Rate

60.8%

175 Graduates

About

LeTourneau University is a higher education institution located in Gregg County, TX. In 2023, the most popular Bachelors Degree concentrations at LeTourneau University were General Aeronautics & Aerospace Science & Technology (49 degrees awarded), Mechanical Engineering (43 degrees), and General Business Administration & Management (35 degrees).

In 2023, 483 degrees were awarded across all undergraduate and graduate programs at LeTourneau University. 47.8% of these degrees were awarded to women, and 52.2% awarded men. The most common race/ethnicity group of degree recipients was white (304 degrees), 5.63 times more than then the next closest race/ethnicity group, black or african american (54 degrees).

The median undergraduate tuition at LeTourneau University is $34,680, which is $10,105 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at LeTourneau University was 0%, corresponding to 0 out of the 757 total borrowers.

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at LeTourneau University is $34,680, which is $10,105 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $27,007.

In 2023, 43% of undergraduate students attending LeTourneau University received financial aid through grants. Comparatively, 24% of undergraduate students received financial aid through loans.

Tuition Costs

$34,680

2023 Undergraduate Tuition

In 2023, the cost of tuition at LeTourneau University was $34,680. The cost of tuition at LeTourneau University is $10,105 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$27,007

2023 Value

0.122%

1 Year Growth

In 2023 LeTourneau University had an average net price — the price paid after factoring in grants and loans — of $27,007. Between 2022 and 2023, the average net price of LeTourneau University grew by 0.122%.

This chart compares the average net price of LeTourneau 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

$10,775

Room and Board

$1,676

Books and Supplies

The average yearly cost of room and board at LeTourneau University was of $10,775 in 2023. The cost of room and board increased by 3.01% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,676. The cost of books and supplies increased by 3.97% during the same period.

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

Financial Aid by Income Level

43%

Undergraduates Receiving Financial Aid through Grants

24%

Undergraduates Receiving Financial Aid through Loans

43% of undergraduate students at LeTourneau University received financial aid through grants or loans in 2023. This represents a decline of 10.4% with respect to 2022, when 48% of undergraduate students received financial aid.

This chart compares the average award discount at LeTourneau 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at LeTourneau University was 0%, which represents 0 out of the 757 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

LeTourneau University received 3,518 undergraduate applications in 2023, which represents a 17.3% annual growth. Out of those 3,518 applicants, 1,431 students were accepted for enrollment, representing a 40.7% acceptance rate.

There were 3,389 students enrolled at LeTourneau University in 2023. 35% of first-time enrollees submitted SAT scores with their applications.

LeTourneau University has an overall enrollment yield of 24%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

40.7%

Acceptance Rate in 2023

1,431

Accepted Out of 3,518

In 2023, the undergraduate acceptance rate of LeTourneau University was 40.7% (1,431 admissions from 3,518 applications). This is lower than the acceptance rate of 2022, which was 48.8%. Between 2022 and 2023, the number of applicants grew by 17.3%, while admissions declined by 2.32%.

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

SAT Scores

35%

Submission Percentage (2023)

119

Scores Submitted (2023)

35% of enrolled first-time students at LeTourneau 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

LeTourneau University had a total enrollment of 3,389 students in 2023. The full-time enrollment at LeTourneau University is 1,414 students and the part-time enrollment is 1,975. This means that 41.7% of students enrolled at LeTourneau University are enrolled full-time.

The enrolled student population at LeTourneau University, both undergraduate and graduate, is 36.9% White, 8.62% Hispanic or Latino, 3.54% Black or African American, 3.13% Two or More Races, 1.09% Asian, 0.59% American Indian or Alaska Native, and 0.0295% Native Hawaiian or Other Pacific Islanders.

Students enrolled at LeTourneau University in full-time Undergraduate programs are most commonly White Male (47.3%), followed by White Female (22.7%) and Two or More Races Male (3.27%). Students enrolled in full-time Graduate programs are most commonly White Female (43.8%), followed by White Male (18.8%) and Black or African American Female (13.8%).

Full-Time vs Part-Time Enrollment

41.7%

Full-Time Enrollment

The total enrollment at LeTourneau University in 2023, both undergraduate and graduate, is 3,389 students. The full-time enrollment at LeTourneau University is 1,414 and the part-time enrollment is 1,975. This means that 41.7% of students enrolled at LeTourneau University are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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

Retention Rate over Time

81%

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 LeTourneau University was 81%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), LeTourneau University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,251 enrolled students
Hispanic or Latino
292 enrolled students
Black or African American
120 enrolled students

The enrolled student population at LeTourneau University is 36.9% White, 8.62% Hispanic or Latino, 3.54% Black or African American, 3.13% Two or More Races, 1.09% Asian, 0.59% American Indian or Alaska Native, and 0.0295% 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 Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 1,471 students (43.4%) did not report their race.

Graduates

In 2023, 21 fewer women than men received degrees from LeTourneau University. The most common race/ethnicity group of degree recipients at LeTourneau University is white (304 degrees awarded). There were 5.63 times more white recipients than the next closest race/ethnicity group, black or african american (54 degrees).

The most common Bachelor's Degree concentration at LeTourneau University is General Aeronautics & Aerospace Science & Technology (49 degrees awarded), followed by Mechanical Engineering (43 degrees) and General Business Administration & Management (35 degrees).

In 2023, the most specialized majors across all degree types at LeTourneau University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Transportation (52 degrees awarded), Applied Sciences (6 degrees), and Theology (17 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 LeTourneau University are Software developers (500,698 people), Other managers (419,424 people), Miscellaneous engineers, including nuclear engineers (375,259 people), Civil engineers (303,437 people), and Mechanical engineers (226,129 people).

The most specialized majors at LeTourneau University in 2023 are Transportation (52 degrees awarded), Applied Sciences (6 degrees), Theology (17 degrees), Engineering (92 degrees), and Engineering Technologies (32 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 LeTourneau University are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Cardiovascular technologists and technicians

The most specialized majors at LeTourneau University are Transportation (52 degrees awarded), Applied Sciences (6 degrees), Theology (17 degrees), Engineering (92 degrees), and Engineering Technologies (32 degrees) (as of 2023).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at LeTourneau University are Computer Systems Design (521,878 people), Elementary & secondary schools (520,975 people), Architectural, engineering & related services (443,768 people), Colleges, universities & professional schools, including junior colleges (365,465 people), and Construction (331,997 people).

Majors Awarded

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

Most Common (2023)

General Aeronautics & Aerospace Science & Technology
49 degrees awarded
Mechanical Engineering
43 degrees awarded
General Business Administration & Management
35 degrees awarded

In 2023, the most common bachelors degree concentration at LeTourneau University was General Aeronautics & Aerospace Science & Technology with 49 degrees awarded.

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

Sex Breakdown for Common Majors

252

Degrees Awarded to Men

in 2023

231

Degrees Awarded to Women

in 2023

In 2023, 252 degrees were awarded to men at LeTourneau University, which is 1.09 times more than the number of degrees awarded to females (231).

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

Most Common Male Majors

In 2023, 43 degrees were awarded to men at LeTourneau University in General Aeronautics & Aerospace Science & Technology, which is 4.78 times more than the 9 female recipients with that same degree.

Most Common Female Majors

In 2023, 38 degrees were awarded to men at LeTourneau University in General Business Administration & Management, which is 2.11 times more than the 18 male recipients with that same degree.

Time to Complete

54%

100% Completion Time

64%

150% Completion Time

In 2023, 54% of students graduating from LeTourneau University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 65% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at LeTourneau University is Male and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and 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, 16.6% of graduates (29 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
304 degrees awarded
Black or African American
54 degrees awarded
Two or More Races
31 degrees awarded

The most common race/ethnicity at LeTourneau University is white (304 degrees awarded). There were 5.63 times more white recipients than the next closest race/ethnicity group, black or african american (54 degrees).

4.35% of degree recipients (21 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
158 degrees awarded
White Female
146 degrees awarded
Black or African American Female
36 degrees awarded

The most common race/ethnicity and sex grouping at LeTourneau University is white male (158 degrees awarded). There were 1.08 times more white male recipients than the next closest race/ethnicity group, white female (146 degrees).

Operations

LeTourneau University has an endowment valued at nearly $27.8M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.12M (11.2%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, LeTourneau University had a total salary expenditure of 54.1M. LeTourneau University employs 32 No academic ranks, 31 Professors and 25 Associate professors. Most academics at LeTourneau University are Male Professor (26), Male No academic rank (23), and Male Associate professor (20).

The most common positions for non-instructional staff at LeTourneau University are: Management, with 63 employees, Office and Administrative Support, with 52 employees, and Service with 38 employees.

Endowment

$27.8M

2023 Endowment

8.62%

growth from 2022

LeTourneau University has an endowment valued at about $27.8M, as of the end of the 2023 fiscal year. The endowment of LeTourneau University grew 8.62% from the previous year. The value of their endowment was $21.9M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$23.5M

2023 Salaries

4.46%

growth from 2022

In 2023, LeTourneau University paid a median of $23.5M in salaries, which represents 43.6% of their overall expenditure ($54.1M) and a 4.46% growth from the previous year. This is compared to a 3.77% growth between 2021 and 2022, and a 5.49% decline between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$7.32M

Instructional Salaries

112

Number of Employees

In 2023, LeTourneau University paid a total of $7.32M to 112 employees working as instructors, which represents 31.1% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

No academic rank

Most Common Instructor

32 Employees

Management

Most Common Non-Instructional Employee

63 Employees

In 2023, the most common positions for instructional staff at LeTourneau University were No academic rank with 32 employees, Professor with 31 employees, and Associate professor with 25 employees.

In 2023, the most common positions for non-instructional staff at LeTourneau University were Management with 63 employees, Office and Administrative Support with 52 employees, and Service with 38 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Male No academic rank
Male Associate professor

In 2023, the most common demographic for instructional staff at LeTourneau University was Male Professor with 26 employees, Male No academic rank with 23 employees, and Male Associate professor with 20 employees.

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

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