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Annual Costs

Undergraduate Tuition

Louisiana Tech University tuition is $6,400 per year for in-state residents. This is 9% cheaper than the national average public four year tuition of $7,056. The cost is 48% cheaper than the average Louisiana tuition of $12,271 for 4 year colleges. Tuition ranks 13th in Louisiana amongst 4 year colleges for affordability and is the 16th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $15,313 which represents a 139% premium.

The school charges an additional fees of $3,245 in addition to tuition bringing the total effective in-state tuition to $9,645.

Housing Costs

On campus room and board is provided by the school at a cost of $6,360 per academic year. Students electing to live off campus elsewhere in Ruston should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,251.

Other Living Expenses

If living on-campus, students should budget for $3,108 in additional living expenses. Off-campus students should budget for $4,437 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Louisiana residents to go to LA Tech- Louisiana Tech- Tech is $20,364 for the 2017/2018 academic year. Out-of-state students who don't have Louisiana residence can expect a one year cost of $29,277.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Louisiana Tech University and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Louisiana Tech University
Estimated Budgets
Louisiana Resident Total Budget $20,364
   In-State Tuition$6,400
   Other Fees$3,245
   Room and Board$6,360
   On-Campus Other Budget$3,108
   Books and Supplies$1,251
Non-Resident Total Budget $29,277
   Out-of-State Tuition$15,313
   Other Fees$3,245
   Room and Board$6,360
   On-Campus Other Budget$3,108
   Books and Supplies$1,251

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $20,364 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported LA Tech- Louisiana Tech- Tech net price for in-state students is $9,252* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

95% of Louisiana Tech University students received grant aid in 2014/2015. The average total aid amount was $9,570. 27 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,140. To apply for a Pell Grant to attend Louisiana Tech University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Louisiana Tech University
Financial Aid Summary
Average Annual Net Price$9,252*
Percent of Students Receiving Grant Aid95%
Average Total Grant Aid$9,570
Percent of Students Receiving Pell Grants27%
Average Amount of Pell Grant Aid$4,140

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$6,743
$30,001 to $48,000$7,433
$48,001 to $75,000$10,323
$75,001 to $110,000$12,355
$110,000+$11,865

Average Financial Aid Mix - $20,364 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $20,364. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

55%
30%
14%

Grants and Scholarships

 55% - $9,570

Money granted to you by the U.S. Department of Education, Louisiana Tech University or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 30% - $5,257

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 14% -  $2,429

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Tuition Comparison to Similar Public Colleges in the Region

School Cost vs. Louisiana Tech University
Louisiana State University and Agricultural & Mechanical College25.6% more expensive
University of Louisiana at Lafayette15.5% less expensive
University of Southern Mississippi26.7% more expensive
University of Mississippi28% more expensive
University of New Orleans4.8% less expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Louisiana Tech University.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at LA Tech- Louisiana Tech- Tech is $81,456 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $7,955 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $31,820**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $101,820 or $39,775 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Louisiana Tech University are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Louisiana Tech University
Price per credit hour for Louisiana residents$402
Cost for one class for Louisiana residents (3 credit hours)$1,206
Price per credit hour for out of state residents$773
Cost for one class for out of state residents (3 credit hours)$2,319
Cost for one class for out of state residents (4 credit hours)$3,092

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Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 38% of Louisiana Tech University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,257. The reported average student debt upon graduation is $19,641.

Example Loan Payments and Costs

How much are student loan payments for Louisiana Tech University? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $31,820, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $39,481.32. This could be your effective total out of pocket cost of an education at Louisiana Tech University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 95% of students at this school who receive financial aid and you are paying an average annual net price of $7,955. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Louisiana Tech University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Louisiana Tech University Student Loan Payments
Example Payments
Monthly Loan Payment$329.01
Amount Borrowed$31,820.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$7,661.32
Sum of All Payments over 10 years$39,481.32

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend LA Tech- Louisiana Tech- Tech? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Louisiana Tech University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $39,481.32 would be needed to afford a $329.01 monthly payment in the example $31,820.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Louisiana Tech University in the future? In the past four years, this school's published in-state tuition and fee total rose from $4,777 to $6,400. This amounts to an average annual price increase of 6.8%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $81,456.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Louisiana Tech University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$28,005$112,021
Estimated Cost in 10 years for students enrolling in 2029$35,743$142,970
Estimated Cost in 15 years for students enrolling in 2034 $45,618$182,470
Estimated Cost in 18 years for students enrolling in 2037 $52,808$211,232

Tuition History

What was tuition at LA Tech- Louisiana Tech- Tech five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

YearIn-StateOut-of-stateAnnual Increase
2012$4,189$11,314 15.1%
2011$3,640$10,900 -30.3%
2010$5,220$10,617 3.7%
2009$5,035$9,940 10%
2008$4,577$9,482 1.7%
2007$4,502$9,407 10.6%
2006$4,070$8,975 4%
2005$3,914$8,819 9.3%
2004$3,581$8,486 17.9%
2003$3,038$7,943 -0.1%
2002$3,041$7,946 5%
2001$2,897$7,802 9.4%
2000$2,648$7,028 4.6%
1999$2,532$5,847 0.6%
1998$2,517$4,947 7%
1997$2,352$4,347 3.4%
1996$2,274$4,269 0.5%
1995$2,262$3,957 4.3%
1994$2,169$3,624 16.1%
1993$1,868$3,023 1.5%
1992$1,841$2,996 0%
1991$1,841$2,996 1%
1990$1,822$2,977 13.7%
1989$1,602$2,547 11.6%
1988$1,435$2,368 1.4%
1987$1,415$2,360

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Louisiana Tech University to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Biology/Biological Sciences, General Bachelor's Degree 79 28% cheaper
Registered Nursing/Registered Nurse Associate's Degree 76 45% costlier
Business Administration and Management, General Bachelor's Degree 53 15% cheaper
Kinesiology and Exercise Science Bachelor's Degree 41 24% cheaper
Psychology, General Bachelor's Degree 40 28% cheaper
Human Development and Family Studies, General Bachelor's Degree 39 21% cheaper
Elementary Education and Teaching Bachelor's Degree 38 17% cheaper
Accounting Bachelor's Degree 37 21% cheaper
Electrical and Electronics Engineering Bachelor's Degree 34 31% cheaper
Marketing/Marketing Management, General Bachelor's Degree 31 20% cheaper
Mechanical Engineering Bachelor's Degree 31 31% cheaper
Finance, General Bachelor's Degree 28 21% cheaper
Management Information Systems, General Bachelor's Degree 26 20% cheaper
Electrical, Electronic and Communications Engineering Technology/Technician Bachelor's Degree 23 9% cheaper
Consumer Economics Bachelor's Degree 23 20% cheaper
Construction Engineering Technology/Technician Bachelor's Degree 22 13% cheaper
Animal Sciences, General Bachelor's Degree 22 20% cheaper
Civil Engineering, General Bachelor's Degree 22 31% cheaper
Architecture and Related Services, Other Bachelor's Degree 22 39% cheaper
Aviation/Airway Management and Operations Bachelor's Degree 19 13% cheaper
Chemical Engineering Bachelor's Degree 18 36% cheaper
Audiology/Audiologist and Speech-Language Pathology/Pathologist Bachelor's Degree 18 24% cheaper
Graphic Design Bachelor's Degree 17 27% cheaper
Health Information/Medical Records Administration/Administrator Bachelor's Degree 16 8% cheaper
Early Childhood Education and Teaching Bachelor's Degree 15 15% cheaper
Bioengineering and Biomedical Engineering Bachelor's Degree 15 43% cheaper
Dietetics/Dietitian Bachelor's Degree 15 19% cheaper
Computer Science Bachelor's Degree 15 30% cheaper
Agricultural Business and Management, General Bachelor's Degree 14 15% cheaper
Industrial Engineering Bachelor's Degree 14 27% cheaper
Forestry, General Bachelor's Degree 13 21% cheaper
Business/Managerial Economics Bachelor's Degree 13 27% cheaper
Speech Communication and Rhetoric Bachelor's Degree 13 26% cheaper
Fine/Studio Arts, General Bachelor's Degree 12 32% cheaper
General Studies Associate's Degree 11 39% costlier
Physics, General Bachelor's Degree 10 33% cheaper
Logistics, Materials, and Supply Chain Management Bachelor's Degree 8 20% cheaper
Physical Education Teaching and Coaching Bachelor's Degree 8 16% cheaper
Human Resources Management/Personnel Administration, General Bachelor's Degree 8 16% cheaper
Environmental Science Bachelor's Degree 8 32% cheaper
Photography Bachelor's Degree 8 35% cheaper
Clinical Laboratory Science/Medical Technology/Technologist Bachelor's Degree 7 18% cheaper
Interior Architecture Bachelor's Degree 7 26% cheaper
Mathematics Teacher Education Bachelor's Degree 6 17% cheaper
Engineering, Other Bachelor's Degree 6 35% cheaper
Art Teacher Education Bachelor's Degree 6 19% cheaper
English/Language Arts Teacher Education Bachelor's Degree 4 17% cheaper
Health Information/Medical Records Technology/Technician Associate's Degree 4 53% costlier
Spanish Language and Literature Bachelor's Degree 4 32% cheaper
Music, General Bachelor's Degree 4 29% cheaper
Mathematics, General Bachelor's Degree 3 29% cheaper
Chemistry, General Bachelor's Degree 3 30% cheaper
Junior High/Intermediate/Middle School Education and Teaching Bachelor's Degree 3 14% cheaper
Social Studies Teacher Education Bachelor's Degree 3 21% cheaper
Education, Other Bachelor's Degree 3 22% cheaper
Journalism Bachelor's Degree 2 24% cheaper
History, General Bachelor's Degree 2 28% cheaper
Geography, Other Bachelor's Degree 2 8% cheaper
Biology Teacher Education Bachelor's Degree 2 13% cheaper
Music Performance, General Bachelor's Degree 2 27% cheaper
Sociology Bachelor's Degree 2 29% cheaper
French Language and Literature Bachelor's Degree 2 37% cheaper
Family and Consumer Sciences/Home Economics Teacher Education Bachelor's Degree 2 6% cheaper
Political Science and Government, General Bachelor's Degree 2 30% cheaper
Airline/Commercial/Professional Pilot and Flight Crew Bachelor's Degree 1 14% cheaper
Natural Resources/Conservation, General Bachelor's Degree 1 27% cheaper
Business Teacher Education Bachelor's Degree 1 4% cheaper
Music Teacher Education Bachelor's Degree 1 23% cheaper
Architecture Bachelor's Degree 1 39% cheaper
English Language and Literature, General Bachelor's Degree 1 27% cheaper

Calculators

Use the calculators below to formulate a college savings plan for Louisiana Tech University or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Louisiana Tech University in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Louisiana Tech University student loan.

Prepayment Option

About Louisiana Tech University

Louisiana Tech University is a four year public college located in Ruston, Louisiana.  Full time enrollment is 8,676 and part time is 3,996.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
Louisiana Tech University
305 Wisteria
Ruston, Louisiana
71272

For Profit / Not For Profit Status

Louisiana Tech University is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

Louisiana Tech University cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=159647 IPEDS survey data.