Louisiana Tech University

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2020 Undergraduate Tuition
$6,401
0.0156% growth from 2019
2020 Average Net Price
$11,630
After Financial Aid
2018 Student Loan
5.87%
Default Rate
2020 Acceptance Rate
63.6%
7,087 Applicants
2020 Enrolled Students
11,126
77% Full-Time
2020 Graduation Rate
61.1%
1,066 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 (106 degrees awarded), Mechanical Engineering (78 degrees), and Computer Science (63 degrees).

In 2020, 2,113 degrees were awarded across all undergraduate and graduate programs at Louisiana Tech University. 49.7% of these degrees were awarded to women, and 50.3% awarded men. The most common race/ethnicity group of degree recipients was white (1,502 degrees), 6.36 times more than then the next closest race/ethnicity group, black or african american (236 degrees).

The median undergraduate tuition at Louisiana Tech University is $6,401, which is $−22,228 less than the national average for Doctoral Universities ($28,629).

Costs

The median undergraduate tuition at Louisiana Tech University is $6,401, which is $−22,228 less than the national average for Doctoral Universities ($28,629).

After taking grants and loans into account, the average net price for students is $11,630.

In 2020, 93% of undergraduate students attending Louisiana Tech University received financial aid through grants. Comparatively, 34% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$6,401
2020 Undergraduate Tuition

In 2020, the cost of tuition at Louisiana Tech University was $6,401. The cost of tuition at Louisiana Tech University is $−22,228 less than than the overall (public and private) national average for Doctoral Universities ($28,629).

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

$11,630
2020 Value
5.15%
1 Year Growth

In 2020 Louisiana Tech University had an average net price — the price paid after factoring in grants and loans — of $11,630. Between 2019 and 2020, the average net price of Louisiana Tech University grew by 5.15%.

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

$8,015
Room and Board
$1,242
Books and Supplies

The average yearly cost of room and board at Louisiana Tech University was of $8,015 in 2020. During the same period, the average yearly cost of books and supplies was $1,242. The cost of room and board decreased by 9.52% between 2019 and 2020. The cost of books and supplies decreased by 10.6% 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

Financial Aid by Income Level

93%
Undergraduates Receiving Financial Aid through Grants
34%
Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Louisiana Tech University received financial aid through grants or loans in 2020. This represents a growth of 4.49% with respect to 2019, when 89% 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.
5.87%
2018 Default Rate
90
Number of Defaults

In 2018 the default rate for borrower's at Louisiana Tech University was 5.87%, which represents 90 out of the 1532 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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Admissions

Louisiana Tech University received 7,087 undergraduate applications in 2020, which represents a 6.16% annual decline. Out of those 7,087 applicants, 4,505 students were accepted for enrollment, representing a 63.6% acceptance rate.

There were 11,126 students enrolled at Louisiana Tech University in 2020, and 8% of first-time enrollees submitted SAT scores with their applications.

Louisiana Tech University has an overall enrollment yield of 41.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

63.6%
Acceptance Rate in 2020
4,505
Accepted Out of 7,087

In 2020, the undergraduate acceptance rate of Louisiana Tech University was 63.6% (4,505 admissions from 7,087 applications). This is lower than the acceptance rate of 2019, which was 64.1%. Between 2019 and 2020, the number of applicants declined by −6.16%, while admissions declined by −6.92%.

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

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SAT Scores

8%
Submission Percentage
143
Scores Submitted

8% of enrolled first-time students at Louisiana Tech University in 2020 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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Enrollment

Louisiana Tech University has a total enrollment of 11,126 students. The full-time enrollment at Louisiana Tech University is 8,570 students and the part-time enrollment is 2,556. 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 71.3% White, 11.1% Black or African American, 3.9% Hispanic or Latino, 2.98% Two or More Races, 1.38% Asian, 0.422% American Indian or Alaska Native, and 0.0629% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Louisiana Tech University in full-time Undergraduate programs are most commonly White Male (40.1%), followed by White Female (32.8%) and Black or African American Male (5.73%). Students enrolled in full-time Graduate programs are most commonly White Female (37.6%), followed by White Male (25%) and Black or African American Female (6.98%).

Full-Time vs Part-Time Enrollment

77%
Full-Time Enrollment

The total enrollment at Louisiana Tech University, both undergraduate and graduate, is 11,126 students. The full-time enrollment at Louisiana Tech University is 8,570 and the part-time enrollment is 2,556. This means that 77% of students enrolled at Louisiana Tech University are enrolled full-time compared with 76.4% 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%
2020 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 (84.5%), 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
  1. White
    7,932
  2. Black or African American
    1,240
  3. Hispanic or Latino
    434

The enrolled student population at Louisiana Tech University is 71.3% White, 11.1% Black or African American, 3.9% Hispanic or Latino, 2.98% Two or More Races, 1.38% Asian, 0.422% American Indian or Alaska Native, and 0.0629% 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 49.8% White, 15.1% Hispanic or Latino, and 9.74% 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, 681 students (6.12%) did not report their race.

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Graduates

In 2020, 13 fewer women than men received degrees from Louisiana Tech University. The most common race/ethnicity group of degree recipients at Louisiana Tech University is white (1,502 degrees awarded). There were 6.36 times more white graduates than the next closest race/ethnicity group, black or african american (236 degrees).

The most common Bachelor's Degree concentration at Louisiana Tech University is General Biological Sciences (106 degrees awarded), followed by Mechanical Engineering (78 degrees) and Computer Science (63 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 (47 degrees awarded), Agriculture (57 degrees), and Transportation (40 degrees).

Workforce

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 (380,652 people), Other managers (356,749 people), Miscellaneous engineers, including nuclear engineers (330,381 people), Civil engineers (254,987 people), and Mechanical engineers (191,914 people).

The most specialized majors at Louisiana Tech University are Architecture and Related Services (47 degrees awarded), Agriculture (57 degrees), Transportation (40 degrees), Engineering (288 degrees), and Engineering Technologies (119 degrees).

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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 Surgeons, Cardiovascular technologists and technicians, Other financial specialists, Physicians, and Dentists

The most specialized majors at Louisiana Tech University are Architecture and Related Services (47 degrees awarded), Agriculture (57 degrees), Transportation (40 degrees), Engineering (288 degrees), and Engineering Technologies (119 degrees).

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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 (540,247 people), Computer Systems Design (430,050 people), Construction (316,457 people), Colleges, universities & professional schools, including junior colleges (199,841 people), and Aircraft & parts manufacturing (155,516 people).

The most specialized majors at Louisiana Tech University are Architecture and Related Services (47 degrees awarded), Agriculture (57 degrees), Transportation (40 degrees), Engineering (288 degrees), and Engineering Technologies (119 degrees).

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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
  1. 106 degree-majorss awarded
  2. 78 degree-majorss awarded
  3. 63 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Louisiana Tech University was General Biological Sciences with 106 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

1,063
Degrees Awarded to Men
in 2020
1,050
Degrees Awarded to Women
in 2020

In 2020, 1,063 degrees were awarded to men at Louisiana Tech University, which is 1.01 times more than the number of degrees awarded to females (1,050).

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 2020, 103 degrees were awarded to men at Louisiana Tech University in General Business Administration & Management, which is 1.39 times more than the 74 female recipients with that same degree.

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Most Common Female Majors

In 2020, 77 degrees were awarded to women at Louisiana Tech University in General Biological Sciences, which is 2.14 times more than the 36 male recipients with that same degree.

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Time to Complete

35%
100% Completion Time
53%
150% Completion Time

In 2020, 35% of students graduating from Louisiana Tech University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (78.9%)

The student demographic with the highest graduation rate at Louisiana Tech University is Female and Hispanic or Latino (78.9% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

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, 5.72% of graduates (61 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    1,502 degrees awarded
  2. Black or African American
    236 degrees awarded
  3. Unknown
    87 degrees awarded

The most common race/ethnicity at Louisiana Tech University is white (1,502 degrees awarded). There were 6.36 times more white recipients than the next closest race/ethnicity group, black or african american (236 degrees).

4.12% of degree recipients (87 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    759 degrees awarded
  2. White Female
    743 degrees awarded
  3. Black or African American Female
    143 degrees awarded

The most common race/ethnicity and sex grouping at Louisiana Tech University is white male (759 degrees awarded). There were 1.02 times more white male recipients than the next closest race/ethnicity group, white female (743 degrees).

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Operations

Louisiana Tech University has an endowment valued at nearly $76.3M, as of the end of the 2020 fiscal year. The return on its endowment was of $1.79M (2.35%), compared to the 3.48% average return ($10.5M on $302M) across all Doctoral Universities.

In 2020, Louisiana Tech University had a total salary expenditure of $194M. Louisiana Tech University employs 108 Associate professors, 90 Assistant professors, and 67 Professors. Most academics at Louisiana Tech University are Male Associate professors (67), Male Assistant professors(51), and Male Professors (46).

The most common positions for non-instructional staff at Louisiana Tech University are: Office and Administrative Support, with 116 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 108 employees, and Service with 96 employees.

Finances

Endowment

$76.3M
2020 Endowment
0.853%
growth from 2019

Louisiana Tech University has an endowment valued at about $76.3M, as of the end of the 2020 fiscal year. The endowment of Louisiana Tech University grew 0.853% from the previous year. The value of their endowment was $226M 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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Government Grants and Contracts

Grants & Contracts
  1. $8.11M - Federal
  2. $2.99M - State
  3. $0 - Local

As of 2020, Louisiana Tech University received $8.11M in grants and contracts from the federal government, $2.99M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$74.9M
2020 Salaries
1.3%
growth from 2019

In 2020, Louisiana Tech University paid a median of $74.9M in salaries, which represents 38.6% of their overall expenditure ($194M) and a 1.3% growth from the previous year. This is compared to a 4.14% growth from 2018 and a 5.26% growth from 2017.

The median for similar Doctoral Universities is 238M (43% of overall expenditures).

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Instructional Salaries

$27.9M
Instructional Salaries
378
Number of Employees

In 2020, Louisiana Tech University paid a total of $27.9M to 378 employees working as instructors, which represents 37.2% of all salaries paid.

This is compared to a median of $69.9M (29.4%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Associate professor
Most Common Instructor
108 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
116 Employees

In 2020, the most common positions for instructional staff at Louisiana Tech University were Associate professor with 108 employees; Assistant professor with 90 employees; and Assistant professor with 67 employees.

In 2020, the most common positions for non-instructional staff at Louisiana Tech University were Office and Administrative Support with 116 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 108 employees; and Service with 96 employees.

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Instructors by Academic Rank and Sex

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

In 2020, the most common demographic for instructional staff at Louisiana Tech University was Male Associate professor with 67 employees, Male Assistant professor with 51 employees, and Male Professor with 46 employees.

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

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