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LeTourneau University Tuition & Cost


How much does it cost to attend?

Sticker Price
$43,388
Costs for LeTourneau University
Fee Cost
Tuition$28,770
Books and Supplies$1,564
Other Fees$550
Room and Board $9,870
Other Expenses Budget$2,634

Annual Prices

The annual list price to attend LeTourneau University on a full time basis for 2017/2018 is $43,388 for all students regardless of their residency. This fee is comprised of $28,770 for tuition, $9,870 room and board, $1,564 for books and supplies and $550 for other fees. Out of state tuition for LeTourneau University is $28,770, the same as Texas residents.


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Net Price

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

Average Net Price 2017/2018
$22,608
Net Price by Income LeTourneau University
Family Income Net Price Paid
$0 to $30,000$17,260
$30,001 to $48,000$18,342
$48,001 to $75,000$21,118
$75,001 to $110,000$23,426
$110,000+$23,975

The average reported annual net price for LeTourneau University for students receiving grants or scholarship aid was $22,608 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid LeTourneau University
Type Avg./Student Students Receiving
Annual Total Grant Aid $18,992 100%
Pell Grant $4,473 30%
Federal Student Loan $5,339 63%

The average reported annual net price for LeTourneau University for students receiving grants or scholarship aid was $22,608 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to LeTourneau University, we've modeled a ten year student loan with an original principal value of $85,872. The loan balance of $85,872 is a four year multiple of the $21,468 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 $897 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 4.7%.

Example Loan $85,872
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $896.60
Total Interest Paid $21,720.20
Sum of All Loan Payments $107,592.20

Projected 4 Year Degree Price

4 Year Sticker Price
$173,552
Year 1 Year 2 Year 3 Year 4
All Residents $43,388 $45,091 $46,861 $48,700

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at LeTourneau University to be $173,552 - assuming graduation in normal time. The estimation assumes a 3.9% annual increase over the next 4 years which has been the recent trend for this school.

Cost Credit Hour and Price per Class

Credit Hour and Class Costs at LeTourneau University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $523 $1,569 $2,092

Estimated cost for a class at LeTourneau 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 LeTourneau University versus other colleges.

Tuition Payment Plans Available

LeTourneau University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=226231 IPEDS survey data for LeTourneau University.