Louisiana Tech University

https://www.latech.edu

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2019 Undergraduate Tuition

$6,400

0% growth from 2018

2019 Average Net Price

$12,261

After Financial Aid

2017 Student Loan

6.55%

Default Rate

2019 Acceptance Rate

64.1%

7,552 Applicants

2019 Enrolled Students

11,510

77% Full-Time

2018 Graduation Rate

52.5%

642 Graduates

About

Louisiana Tech University is a higher education institution located in Lincoln Parish, LA. In 2016, the most popular Bachelor's Degree concentrations at Louisiana Tech University were General Biological Sciences (93 degrees awarded), Mechanical Engineering (84 degrees), and General Business Administration & Management (70 degrees).

In 2019, 2,233 degrees were awarded across all undergraduate and graduate programs at Louisiana Tech University. 51.5% of these degrees were awarded to women, and 48.5% awarded men. The most common race/ethnicity group of degree recipients was white (1,540 degrees), 6.31 times more than then the next closest race/ethnicity group, black or african american (244 degrees).

The median undergraduate tuition at Louisiana Tech University is $6,400, which is $−22,100 less than the national average for Doctoral Universities ($28,500).

Doctoral Universities: Moderate Research Activity Doctoral Universities

Costs

The median undergraduate tuition at Louisiana Tech University is $6,400, which is $−22,100 less than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $12,261.

In 2019, 89% of undergraduate students received federal grants, while 33% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$6,400

2019 Undergraduate Tuition

In 2019, the cost of tuition at Louisiana Tech University was $6,400. The cost of tuition at Louisiana Tech University is $−22,100 less than than the overall (public and private) national average for Doctoral Universities ($28,500).

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

Average Net Price

$12,261

2019 Value

25.2%

1 Year Growth

In 2019 Louisiana Tech University had an average net price — the price paid after factoring in grants and loans — of $12,261. Between 2018 and 2019, the average net price of Louisiana Tech University grew by 25.2%.

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

$8,858

Room and Board

$1,389

Books and Supplies

The average yearly cost of room and board at Louisiana Tech University was of $8,858 in 2019. During the same period, the average yearly cost of books and supplies was $1,389. The cost of room and board increased by 30.8% between 2018 and 2019. The cost of books and supplies increased by 11% during the same period.

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

Financial Aid

Financial Aid by Income Level

89%

Of Undergraduates Receive Grants

33%

Of Undergraduates Receive Federal Loans

89% of undergraduate students at Louisiana Tech University received grants or loans in 2019. This represents a growth of 1.14% with respect to 2018, when 88% 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.

6.55%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Louisiana Tech University was 6.55%, which represents 96 out of the 1465 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 7,552 undergraduate applications in 2019, which represents a 3.49% annual growth. Out of those 7,552 applicants, 4,840 students were accepted for enrollment, representing a 64.1% acceptance rate.

There were 11,510 students enrolled at Louisiana Tech University in 2019, and 3% of first-time enrollees submitted SAT scores with their applications.

Louisiana Tech University has an overall enrollment yield of 42.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.1%

Acceptance Rate in 2019

4,840

Accepted Out of 7,552

In 2019, the undergraduate acceptance rate of Louisiana Tech University was 64.1% (4,840 admissions from 7,552 applications). This is higher than the acceptance rate of 2018, which was 63.1%. Between 2018 and 2019, the number of applicants grew by 3.49%, while admissions grew by 5.17%.

This chart compares the acceptance rate of Louisiana Tech University (in red) with that of other similar universities.

SAT Scores

Submission Percentage

Scores Submitted

3% of enrolled first-time students at Louisiana Tech University in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Louisiana Tech University has a total enrollment of 11,510 students. The full-time enrollment at Louisiana Tech University is 8,863 students and the part-time enrollment is 2,647. This means that 77% of students enrolled at Louisiana Tech University are enrolled full-time.

The enrolled student population at Louisiana Tech University, both undergraduate and graduate, is 70.3% White, 11.5% Black or African American, 3.94% Hispanic or Latino, 2.9% Two or More Races, 1.54% Asian, 0.374% American Indian or Alaska Native, and 0.0782% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Louisiana Tech University in full-time Undergraduate programs are most commonly White Male (39.5%), followed by White Female (31.8%) and Black or African American Male (6.19%). Students enrolled in full-time Graduate programs are most commonly White Female (34%), followed by White Male (21.7%) and Black or African American Female (6.69%).

Full-Time vs Part-Time Enrollment

77%

Full-Time Enrollment

The total enrollment at Louisiana Tech University, both undergraduate and graduate, is 11,510 students. The full-time enrollment at Louisiana Tech University is 8,863 and the part-time enrollment is 2,647. This means that 77% of students enrolled at Louisiana Tech University are enrolled full-time compared with 77.6% 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

80%

2019 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 80%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Louisiana Tech University had a retention rate lower than 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

White
8,091
Black or African American
1,327
Hispanic or Latino
454

The enrolled student population at Louisiana Tech University is 70.3% White, 11.5% Black or African American, 3.94% Hispanic or Latino, 2.9% Two or More Races, 1.54% Asian, 0.374% American Indian or Alaska Native, and 0.0782% 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 50.3% White, 14.3% Hispanic or Latino, and 9.48% 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, 688 students (5.98%) did not report their race.

Graduates

In 2019, 65 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 (1,540 degrees awarded). There were 6.31 times more white graduates than the next closest race/ethnicity group, black or african american (244 degrees).

The most common Bachelor's Degree concentration at Louisiana Tech University is General Biological Sciences (93 degrees awarded), followed by Mechanical Engineering (84 degrees) and General Business Administration & Management (70 degrees).

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 (46 degrees awarded), Engineering (325 degrees), and Transportation (36 degrees).

Workforce

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 (407,542 people), Miscellaneous engineers, including nuclear engineers (331,274 people), Other managers (320,148 people), Civil engineers (271,109 people), and Mechanical engineers (201,085 people).

The most specialized majors at Louisiana Tech University are Architecture and Related Services (46 degrees awarded), Engineering (325 degrees), Transportation (36 degrees), Natural Resources & Conservation (34 degrees), and Human Sciences (59 degrees).

Highest Paying Jobs by Major

Surgeons

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 Surgeons, Securities, commodities, & financial services sales agents, Physicians, Chief executives & legislators, and Cardiovascular technologists and technicians

Common Industries by Major

Architectural, engineering & related services

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 Architectural, engineering & related services (552,742 people), Computer Systems Design (415,734 people), Construction (312,365 people), Colleges, universities & professional schools, including junior colleges (195,148 people), and Elementary & secondary schools (169,476 people).

Degrees

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

General Biological Sciences
93 degree-majorss awarded
Mechanical Engineering
84 degree-majorss awarded
General Business Administration & Management
70 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Louisiana Tech University was General Biological Sciences with 93 degrees awarded.

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

Gender Breakdown for Common Majors

1,084

Degrees Awarded to Men

in 2019

1,149

Degrees Awarded to Women

in 2019

In 2019, 1,084 degrees were awarded to men at Louisiana Tech University, which is 0.943 times less than the number of degrees awarded to females (1,149).

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

Most Common Male Majors

In 2019, 134 degrees were awarded to men at Louisiana Tech University in General Business Administration & Management, which is 1.44 times more than the 93 female recipients with that same degree.

Most Common Female Majors

In 2019, 98 degrees were awarded to women at Louisiana Tech University in General Educational Leadership & Administration, which is 5.76 times more than the 17 male recipients with that same degree.

Time to Complete

32%

100% Completion Time

54%

150% Completion Time

In 2019, 32% of students graduating from Louisiana Tech University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 55% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Louisiana Tech University is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (69.1%).

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, 9.03% of graduates (58 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
1,540 degrees awarded
Black or African American
244 degrees awarded
Unknown
112 degrees awarded

The most common race/ethnicity at Louisiana Tech University is white (1,540 degrees awarded). There were 6.31 times more white recipients than the next closest race/ethnicity group, black or african american (244 degrees).

5.02% of degree recipients (112 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
826 degrees awarded
White Male
714 degrees awarded
Black or African American Female
130 degrees awarded

The most common race/ethnicity and gender grouping at Louisiana Tech University is white female (826 degrees awarded). There were 1.16 times more white female recipients than the next closest race/ethnicity group, white male (714 degrees).

Operations

Louisiana Tech University has an endowment valued at nearly $75.7M, as of the end of the 2019 fiscal year. The return on its endowment was of $3.14M (4.15%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, Louisiana Tech University had a total salary expenditure of $190M. Louisiana Tech University employs 110 Associate professors, 101 Assistant professors, and 66 Instructors. Most academics at Louisiana Tech University are Male Associate professors (74), Male Assistant professors(53), and Female Assistant professors (48).

The most common positions for non-instructional staff at Louisiana Tech University are: Office and Administrative Support, with 122 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 111 employees, and Service with 94 employees.

Finances

Endowment

$75.7M

2019 Endowment

5.05%

growth from 2018

Louisiana Tech University has an endowment valued at about $75.7M, as of the end of the 2019 fiscal year. The endowment of Louisiana Tech University grew 5.05% from the previous year. The value of their endowment was $235M 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.

Government Grants and Contracts

Grants & Contracts

$8.04M - Federal
$2.87M - State
$0 - Local

As of 2019, Louisiana Tech University received $8.04M in grants and contracts from the federal government, $2.87M from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$73.9M

2019 Salaries

4.14%

growth from 2018

In 2019, Louisiana Tech University paid a median of $73.9M in salaries, which represents 39% of their overall expenditure ($190M) and a 4.14% growth from the previous year. This is compared to a 5.26% growth from 2017 and a 1.83% growth from 2016.

The median for similar Doctoral Universities is 234M (42.4% of overall expenditures).

Instructional Salaries

$28.9M

Instructional Salaries

393

Number of Employees

In 2019, Louisiana Tech University paid a total of $28.9M to 393 employees working as instructors, which represents 39.1% of all salaries paid.

This is compared to a median of $71.1M (30.3%) for similar Doctoral Universities.

Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

110 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

122 Employees

In 2019, the most common positions for instructional staff at Louisiana Tech University were Associate professor with 110 employees; Assistant professor with 101 employees; and Assistant professor with 66 employees.

In 2019, the most common positions for non-instructional staff at Louisiana Tech University were Office and Administrative Support with 122 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 111 employees; and Service with 94 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Associate professor
Male Assistant professor
Female Assistant professor

In 2019, the most common demographic for instructional staff at Louisiana Tech University was Male Associate professor with 74 employees, Male Assistant professor with 53 employees, and Female Assistant professor with 48 employees.

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

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