Louisiana Tech University

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2016 Undergraduate Tuition

$6,401

0.0156% growth from 2015

2016 Average Net Price

$9,497

After Financial Aid

2015 Student Loan

6.59%

Default Rate

2016 Acceptance Rate

63.2%

7,227 Applicants

2016 Enrolled Students

12,672

68.5% Full-Time

2016 Graduation Rate

52.9%

777 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 Studies (133 degrees awarded), General Biological Sciences (63 degrees), and General Business Administration & Management (61 degrees).

In 2016, 1,834 degrees were awarded across all undergraduate and graduate programs at Louisiana Tech University. 50.8% of these degrees were awarded to women, and 49.2% awarded men. The majority of degree recipients were white (1,252 degrees), 5.82 times more than then the next closest race/ethnicity group, black or african american (215 degrees).

The median undergraduate tuition at Louisiana Tech University is $6,401, which is $-19,455 less than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at Louisiana Tech University is $6,401, which is $-19,455 less than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $9,497.

In 2016, 74% of undergraduate students received federal grants, while 29% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$6,401

2016 Undergraduate Tuition

In 2016, the cost of tuition at Louisiana Tech University was $6,401. The cost of tuition at Louisiana Tech University is $-19,455 less than than the overall (public and private) national average for Doctoral Universities ($25,856).

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

$9,497

2016 Value

6.65%

1 Year Growth

In 2016 Louisiana Tech University had an average net price — the price paid after factoring in grants and loans — of $9,497. Between 2015 and 2016, the average net price of Louisiana Tech University grew by 6.65%.

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

$6,807

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Louisiana Tech University was of $6,807 in 2016. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board increased by 5.66% between 2015 and 2016. The cost of books and supplies decreased by 16.7% 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

74%

Of Undergraduates Receive Grants

29%

Of Undergraduates Receive Federal Loans

74% of undergraduate students at Louisiana Tech University received grants or loans in 2016. This represents a growth of 2.78% with respect to 2015, when 72% 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.

6.59%

2015 Default Rate

96

Number of Defaults

In 2015 the default rate for borrower's at Louisiana Tech University was 6.59%, which represents 96 out of the 1457 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 7,227 undergraduate applications in 2016, which represents a 13.3% annual growth. Out of those 7,227 applicants, 4,567 students were accepted for enrollment, representing a 63.2% acceptance rate.

There were 12,672 students enrolled at Louisiana Tech University in 2016, and 3% of first-time enrollees submitted SAT scores with their applications.

Louisiana Tech University has an overall enrollment yield of 44.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

63.2%

Acceptance Rate in 2016

4,567

Accepted Out of 7,227

In 2016, the undergraduate acceptance rate of Louisiana Tech University was 63.2% (4,567 admissions from 7,227 applications). This is lower than the acceptance rate of 2015, which was 63.8%. Between 2015 and 2016, the number of applicants grew by 13.3%, while admissions grew by 12.2%.

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

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SAT Scores

3%

Submission Percentage

55

Scores Submitted

3% of enrolled first-time students at Louisiana Tech University in 2016 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 12,672 students. The full-time enrollment at Louisiana Tech University is 8,676 students and the part-time enrollment is 3,996. This means that 68.5% of students enrolled at Louisiana Tech University are enrolled full-time.

The enrolled student population at Louisiana Tech University, both undergraduate and graduate, is 66.6% White, 12.4% Black or African American, 3.54% Hispanic or Latino, 2.36% Two or More Races, 1.28% Asian, 0.331% American Indian or Alaska Native, and 0.0789% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Louisiana Tech University in full-time Undergraduate programs are majority White Male (38.9%), followed by White Female (30.7%) and Black or African American Male (6.87%). Students enrolled in full-time Graduate programs are majority White Female (33.5%), followed by White Male (19.5%) and Black or African American Female (7.87%).

Full-Time vs Part-Time Enrollment

68.5%

Full-Time Enrollment

The total enrollment at Louisiana Tech University, both undergraduate and graduate, is 12,672 students. The full-time enrollment at Louisiana Tech University is 8,676 and the part-time enrollment is 3,996. This means that 68.5% of students enrolled at Louisiana Tech University are enrolled full-time compared with 78.1% 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%

2016 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 (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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    8,444

  2. Black or African American

    1,565

  3. Hispanic or Latino

    448

The enrolled student population at Louisiana Tech University is 66.6% White, 12.4% Black or African American, 3.54% Hispanic or Latino, 2.36% Two or More Races, 1.28% Asian, 0.331% American Indian or Alaska Native, and 0.0789% 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 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 1,283 students (10.1%) did not report their race.

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Graduates

In 2016, 28 more women than men received degrees from Louisiana Tech University. The majority of degree recipients at Louisiana Tech University are white (1,252 degrees awarded). There were 5.82 times more white graduates than the next closest race/ethnicity group, black or african american (215 degrees).

The most common Bachelor's Degree concentration at Louisiana Tech University is General Studies (133 degrees awarded), followed by General Biological Sciences (63 degrees) and General Business Administration & Management (61 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 (40 degrees awarded), Engineering (225 degrees), and Agriculture (39 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 Miscellaneous managers (426,649 people), Software developers, applications & systems software (340,354 people), Miscellaneous engineers, including nuclear engineers (298,491 people), Civil engineers (233,177 people), and Mechanical engineers (152,937 people).

The most specialized majors at Louisiana Tech University are Architecture and Related Services (40 degrees awarded), Engineering (225 degrees), Agriculture (39 degrees), Transportation (32 degrees), and Parks, Recreation, & Leisure (67 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 Economists, Physicians & surgeons, Marketing & sales managers, Chief executives & legislators, and Securities, commodities, & financial services sales agents

The most specialized majors at Louisiana Tech University are Architecture and Related Services (40 degrees awarded), Engineering (225 degrees), Agriculture (39 degrees), Transportation (32 degrees), and Parks, Recreation, & Leisure (67 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 (520,970 people), Computer Systems Design (379,267 people), Construction (286,146 people), Colleges, universities & professional schools, including junior colleges (210,051 people), and Elementary & secondary schools (162,140 people).

The most specialized majors at Louisiana Tech University are Architecture and Related Services (40 degrees awarded), Engineering (225 degrees), Agriculture (39 degrees), Transportation (32 degrees), and Parks, Recreation, & Leisure (67 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. 133 degrees awarded

  2. 63 degrees awarded

  3. 61 degrees awarded

In 2016, the most common bachelors degree concentration at Louisiana Tech University was General Studies with 133 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 903

  2. 931

In 2016, 903 degrees were awarded to men at Louisiana Tech University, which is 0.97 times less than the number of degrees awarded to females (931).

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

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Most Common Male Majors

In 2016, 76 degrees were awarded to men at Louisiana Tech University in General Business Administration & Management, which is 1.43 times more than the 53 female recipients with that same degree.

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Most Common Female Majors

In 2016, 80 degrees were awarded to women at Louisiana Tech University in General Studies, which is 1.21 times more than the 66 male recipients with that same degree.

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Time to Complete

30%

100% Completion Time

54%

150% Completion Time

In 2016, 30% 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 57% 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 Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Louisiana Tech University is Female and Asian (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

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, 5.79% of graduates (45 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,252 degrees awarded

  2. Black or African American

    215 degrees awarded

  3. Unknown

    127 degrees awarded

The most common race/ethnicity at Louisiana Tech University is white (1,252 degrees awarded). There were 5.82 times more white recipients than the next closest race/ethnicity group, black or african american (215 degrees).

6.92% of degree recipients (127 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    660 degrees awarded

  2. White Male

    592 degrees awarded

  3. Black or African American Female

    120 degrees awarded

The most common race/ethnicity and gender grouping at Louisiana Tech University is white female (660 degrees awarded). There were 1.11 times more white female recipients than the next closest race/ethnicity group, white male (592 degrees).

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Operations

Louisiana Tech University has an endowment valued at nearly $73.5M, as of the end of the 2015 fiscal year. The return on its endowment was of $1.05M (1.43%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Louisiana Tech University had a total expenditure of $162M. Of that $162M, they spent $68.8M on salaries and $162M on benefits.

Louisiana Tech University employs 121 Associate professors, 100 Assistant professors, and 64 Professors. Most academics at Louisiana Tech University are Male Associate professors (82), Male Assistant professors(53), and Female Assistant professors (47).

The most common positions for non-instructional staff at Louisiana Tech University are: Office and Administrative Support, with 144 employees, Service, with 93 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 87 employees.

Finances

Endowment

$73.5M

2015 Endowment

3.45%

growth from 2014

Louisiana Tech University has an endowment valued at about $73.5M, as of the end of the 2015 fiscal year. The endowment of Louisiana Tech University grew 3.45% from the previous year. The value of their endowment was $197M 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. $7.64M - Federal

  2. $5.21M - State

  3. $0 - Local

As of 2015, Louisiana Tech University received $7.64M in grants and contracts from the federal government, $5.21M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$68.8M

Salary Expenditure

$162M

Benefits Expenditure

In 2015, Louisiana Tech University had a total expenditure of $162M. Of that $162M, they spent $68.8M on salaries and $162M on benefits.

The bar chart shows the share of the primary expenses at Louisiana Tech University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Louisiana Tech University as a share of total expenditure.

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Salary Expenditure

$68.8M

2015 Salaries

8.19%

growth from 2014

In 2015, Louisiana Tech University paid a median of $68.8M in salaries, which represents 42.3% of their overall expenditure ($162M) and a 8.19% growth from the previous year. This is compared to a 2.83% decline from 2013 and a 1.44% decline from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$25.9M

Instructional Salaries

369

Number of Employees

In 2015, Louisiana Tech University paid a total of $25.9M to 369 employees working as instructors, which represents 37.6% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

121 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

144 Employees

In 2016, the most common positions for instructional staff at Louisiana Tech University were Associate professor with 121 employees; Assistant professor with 100 employees; and Assistant professor with 64 employees.

In 2016, the most common positions for non-instructional staff at Louisiana Tech University were Office and Administrative Support with 144 employees; Service with 93 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 87 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Male Assistant professor

  3. Female Assistant professor

In 2016, the most common demographic for instructional staff at Louisiana Tech University was Male Associate professor with 82 employees, Male Assistant professor with 53 employees, and Female Assistant professor with 47 employees.

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

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