Louisiana Tech University

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2021 Undergraduate Tuition
$6,401
2021 Average Net Price
$12,154
After Financial Aid
2019 Student Loan
1.88%
Default Rate
2021 Acceptance Rate
65.8%
7,724 Applicants
2021 Enrolled Students
11,037
74.9% Full-Time
2021 Graduation Rate
58.4%
1,077 Graduates

About

Louisiana Tech University is a higher education institution located in Lincoln Parish, LA. In 2021, the most popular Bachelors Degree concentrations at Louisiana Tech University were General Biological Sciences (122 degrees awarded), Mechanical Engineering (73 degrees), and General Marketing & Marketing Management (68 degrees).

In 2021, 2,121 degrees were awarded across all undergraduate and graduate programs at Louisiana Tech University. 50.5% of these degrees were awarded to women, and 49.5% awarded men. The most common race/ethnicity group of degree recipients was white (1,541 degrees), 7.2 times more than then the next closest race/ethnicity group, black or african american (214 degrees).

The median undergraduate tuition at Louisiana Tech University is $6,401, which is $−22,591 less than the national average for Doctoral Universities ($28,992).

dollarCosts

In 2021, the median undergraduate tuition at Louisiana Tech University is $6,401, which is $−22,591 less than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $12,154.

In 2021, 93% of undergraduate students attending Louisiana Tech University received financial aid through grants. Comparatively, 32% of undergraduate students received financial aid through loans.

Tuition Costs

$6,401
2021 Undergraduate Tuition

In 2021, the cost of tuition at Louisiana Tech University was $6,401. The cost of tuition at Louisiana Tech University is $−22,591 less than than the overall (public and private) national average for Doctoral Universities ($28,992).

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

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Average Net Price

$12,154
2021 Value
4.51%
1 Year Growth

In 2021 Louisiana Tech University had an average net price — the price paid after factoring in grants and loans — of $12,154. Between 2020 and 2021, the average net price of Louisiana Tech University grew by 4.51%.

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.

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Other Student Expenses

$8,945
Room and Board
$1,242
Books and Supplies

The average yearly cost of room and board at Louisiana Tech University was of $8,945 in 2021. The cost of room and board increased by 11.6% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,242. The cost of books and supplies did not change during the same period.

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

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Financial Aid by Income Level

93%
Undergraduates Receiving Financial Aid through Grants
32%
Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Louisiana Tech University received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 93% 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.

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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.
1.88%
2019 Default Rate
30
Number of Defaults

In 2019 the default rate for borrower's at Louisiana Tech University was 1.88%, which represents 30 out of the 1600 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.

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predictive-analysisAdmissions

Louisiana Tech University received 7,724 undergraduate applications in 2021, which represents a 8.99% annual growth. Out of those 7,724 applicants, 5,085 students were accepted for enrollment, representing a 65.8% acceptance rate.

There were 11,037 students enrolled at Louisiana Tech University in 2021. 8% of first-time enrollees submitted SAT scores with their applications.

Louisiana Tech University has an overall enrollment yield of 36.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.8%
Acceptance Rate in 2021
5,085
Accepted Out of 7,724

In 2021, the undergraduate acceptance rate of Louisiana Tech University was 65.8% (5,085 admissions from 7,724 applications). This is higher than the acceptance rate of 2020, which was 63.6%. Between 2020 and 2021, the number of applicants grew by 8.99%, while admissions grew by 12.9%..

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.

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SAT Scores

8%
Submission Percentage (2021)
153
Scores Submitted (2021)

8% of enrolled first-time students at Louisiana Tech University in 2021 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.

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bookEnrollment

Louisiana Tech University had a total enrollment of 11,037 students in 2021. The full-time enrollment at Louisiana Tech University is 8,266 students and the part-time enrollment is 2,771. This means that 74.9% 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, 10.8% Black or African American, 4.51% Hispanic or Latino, 3.13% Two or More Races, 1.51% Asian, 0.362% American Indian or Alaska Native, and 0.0906% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Louisiana Tech University in full-time Undergraduate programs are most commonly White Male (39.8%), followed by White Female (32.5%) and Black or African American Male (5.85%). Students enrolled in full-time Graduate programs are most commonly White Female (33.5%), followed by White Male (27.9%) and Black or African American Female (7.22%).

Full-Time vs Part-Time Enrollment

74.9%
Full-Time Enrollment

The total enrollment at Louisiana Tech University in 2021, both undergraduate and graduate, is 11,037 students. The full-time enrollment at Louisiana Tech University is 8,266 and the part-time enrollment is 2,771. This means that 74.9% of students enrolled at Louisiana Tech University are enrolled full-time compared with 76.6% 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.

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Retention Rate over Time

81%
2021 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 81%. Compared with the full-time retention rate at similar Doctoral Universities (84%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    7,758 enrolled students
  2. Black or African American
    1,187 enrolled students
  3. Hispanic or Latino
    498 enrolled students

The enrolled student population at Louisiana Tech University is 70.3% White, 10.8% Black or African American, 4.51% Hispanic or Latino, 3.13% Two or More Races, 1.51% Asian, 0.362% American Indian or Alaska Native, and 0.0906% 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 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 775 students (7.02%) did not report their race.

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learningGraduates

In 2021, 23 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 (1,541 degrees awarded). There were 7.2 times more white recipients than the next closest race/ethnicity group, black or african american (214 degrees).

The most common Bachelor's Degree concentration at Louisiana Tech University is General Biological Sciences (122 degrees awarded), followed by Mechanical Engineering (73 degrees) and General Marketing & Marketing Management (68 degrees).

In 2021,  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 (52 degrees awarded), Engineering (295 degrees), and Agriculture (49 degrees).

Common Jobs by Major

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 (419,231 people), Other managers (378,109 people), Miscellaneous engineers, including nuclear engineers (350,264 people), Civil engineers (268,789 people), and Mechanical engineers (203,161 people).

The most specialized majors at Louisiana Tech University in 2021 are Architecture and Related Services (52 degrees awarded), Engineering (295 degrees), Agriculture (49 degrees), Natural Resources & Conservation (34 degrees), and Engineering Technologies (95 degrees) (as of 2021).

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Highest Paying Jobs by Major

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, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at Louisiana Tech University are Architecture and Related Services (52 degrees awarded), Engineering (295 degrees), Agriculture (49 degrees), Natural Resources & Conservation (34 degrees), and Engineering Technologies (95 degrees) (as of 2021).

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Common Industries by Major

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 (566,146 people), Computer Systems Design (464,416 people), Construction (344,174 people), Colleges, universities & professional schools, including junior colleges (222,129 people), and Electronic component & product manufacturing, n.e.c. (161,111 people).

The most specialized majors at Louisiana Tech University are Architecture and Related Services (52 degrees awarded), Engineering (295 degrees), Agriculture (49 degrees), Natural Resources & Conservation (34 degrees), and Engineering Technologies (95 degrees) (as of 2021).

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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 (2021)
  1. 122 degree-majors awarded
  2. 73 degree-majors awarded
  3. 68 degree-majors awarded

In 2021, the most common bachelors degree concentration at Louisiana Tech University was General Biological Sciences with 122 degrees awarded.

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

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Sex Breakdown for Common Majors

1,049
Degrees Awarded to Men
in 2021
1,072
Degrees Awarded to Women
in 2021

In 2021, 1,049 degrees were awarded to men at Louisiana Tech University, which is 0.979 times less than the number of degrees awarded to females (1,072).

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

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Most Common Male Majors

In 2021, 85 degrees were awarded to men at Louisiana Tech University in General Business Administration & Management, which is 0.966 times less than the 88 female recipients with that same degree.

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Most Common Female Majors

In 2021, 88 degrees were awarded to men at Louisiana Tech University in General Business Administration & Management, which is 1.04 times more than the 85 male recipients with that same degree.

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Time to Complete

38%
100% Completion Time
59%
150% Completion Time

In 2021, 38% of students graduating from Louisiana Tech University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% 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.

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Graduation Rate by Race and Sex

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 in 2021 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 (72.9%).

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, 5.39% of graduates (58 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    1,541 degrees awarded
  2. Black or African American
    214 degrees awarded
  3. Hispanic or Latino
    70 degrees awarded

The most common race/ethnicity at Louisiana Tech University is white (1,541 degrees awarded). There were 7.2 times more white recipients than the next closest race/ethnicity group, black or african american (214 degrees).

3.87% of degree recipients (82 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    803 degrees awarded
  2. White Male
    738 degrees awarded
  3. Black or African American Female
    118 degrees awarded

The most common race/ethnicity and sex grouping at Louisiana Tech University is white female (803 degrees awarded). There were 1.09 times more white female recipients than the next closest race/ethnicity group, white male (738 degrees).

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briefcaseOperations

Louisiana Tech University has an endowment valued at nearly $56.5M, as of the end of the 2021 fiscal year. The return on its endowment was of 7.12M (12.6%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, Louisiana Tech University had a total salary expenditure of 193M. Louisiana Tech University employs 102 Associate professors, 92 Assistant professors and 71 Professors. Most academics at Louisiana Tech University are Male Associate professor (67), Male Assistant professor (50), and Male Professor (49).

The most common positions for non-instructional staff at Louisiana Tech University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 126 employees, Office and Administrative Support, with 122 employees, and Service with 102 employees.

Endowment

$56.5M
2021 Endowment
25.9%
decline from 2020

Louisiana Tech University has an endowment valued at about $56.5M, as of the end of the 2021 fiscal year. The endowment of Louisiana Tech University declined 25.9% from the previous year. The value of their endowment was $331M 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.

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Salary Expenditure

$73.5M
2021 Salaries
1.85%
decline from 2020

In 2021, Louisiana Tech University paid a median of $73.5M in salaries, which represents 38% of their overall expenditure ($193M) and a 1.85% decline from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

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Instructional Salaries

$28.9M
Instructional Salaries
380
Number of Employees

In 2021, Louisiana Tech University paid a total of $28.9M to 380 employees working as instructors, which represents 39.2% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

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Occupations by Share

Associate professor
Most Common Instructor
102 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
126 Employees

In 2021, the most common positions for instructional staff at Louisiana Tech University were Associate professor with 102 employees, Assistant professor with 92 employees, and Professor with 71 employees.

In 2021, the most common positions for non-instructional staff at Louisiana Tech University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 126 employees, Office and Administrative Support with 122 employees, and Service with 102 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Male Associate professor
  2. Male Assistant professor
  3. Male Professor

In 2021, the most common demographic for instructional staff at Louisiana Tech University was Male Associate professor with 67 employees, Male Assistant professor with 50 employees, and Male Professor with 49 employees.

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

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