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#2 Best Value Colleges in Louisiana

LA Tech- Louisiana Tech- Tech Tuition & Cost

Ruston, Louisiana

 3 Reviews

How much does it cost to attend?

In State Louisiana Resident Sticker Price
$22,341
In State Costs for Louisiana Tech University
Fee Cost
Tuition$6,400
Books and Supplies$1,242
Other Fees$3,785
Room and Board $7,155
Other Expenses Budget$3,759
Out of State Resident Sticker Price
$31,254
Out of State Costs for Louisiana Tech University
Fee Cost
Tuition$15,313
Books and Supplies$1,242
Other Fees$3,785
Room and Board $7,155
Other Expenses Budget$3,759

Residents of Louisiana pay an annual total price of $22,341 to attend Louisiana Tech University on a full time basis. This fee is comprised of $6,400 for tuition, $7,155 room and board, $1,242 for books and supplies and $3,785 for other fees.

Out of state residents are charged a total cost of $31,254 which is 39.9% higher than Louisiana residents. The tuition charge is $15,313 while room and board is $7,155, books and supplies are $1,242 and other fees come in at $3,785.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Louisiana Tech University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$12,261
Net Price by Income Louisiana Tech University
Family Income Net Price Paid
$0 to $30,000$8,889
$30,001 to $48,000$9,834
$48,001 to $75,000$13,016
$75,001 to $110,000$14,574
$110,000+$14,814

The average reported annual net price for Louisiana Tech University for students receiving grants or scholarship aid was $12,261 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

96% of full-time undergrad Louisiana Tech University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $11,074 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 43% of students received Federal Student Loans averaging $5,199 and 3% of undergrads took out private student loans averaging $9,392.

Finanical Aid Louisiana Tech University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $11,074 96%
Institutional Grants and Scholarships $5,897 81%
Pell Grants $4,463 31%
Other Federal Grants $1,338 3%
State and Local Grants $5,612 80%
Federal Student Loans $5,199 43%
Other Student Loans $9,392 3%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Louisiana Tech University, we've modeled a ten year student loan with an original principal value of $31,820. The loan balance of $31,820 is a four year multiple of the $7,955 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $304 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $31,820
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $303.60
Total Interest Paid $4,611.75
Sum of All Loan Payments $36,431.75

Projected 4 Year Degree Price

4 Year Sticker Price
$89,364
Year Louisiana Residents Non Residents
1 $22,341 $31,254
2 $22,461 $31,421
3 $22,581 $31,590
4 $22,702 $31,759

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Louisiana Tech University to be $89,364 - assuming graduation in normal time. The estimation assumes a 0.5% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Louisiana Tech University
Price Per Credit 3 Credit Class 4 Credit Class
Louisiana Residents $400 $1,200 $1,600
Out of State Residents $796 $2,388 $3,184

Estimated cost for a class at Louisiana Tech University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Louisiana Tech University versus other colleges.

Tuition Payment Plans Available

Louisiana Tech University Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=159647 IPEDS survey data for Louisiana Tech University.