College Factual  by our College Data Analytics Team
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Can You Afford Louisiana Tech University?

Concerned about paying for college? Take a look at Louisiana Tech’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $10,009 & $30,589

Worried about paying the full cost of $30,589 to attend Louisiana Tech University? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Louisiana, the university offers a discount of 40.1% off tuition and fees. Also, 96.4% of freshmen receive some form of financial aid, with the average amount totaling $11,074. Students from low-income families receive an average of $13,838 in aid during their first year.

Cost for Residents of Louisiana (no aid)

Tuition and fees$10,065
+ Room and board$8,664
+ Other expenses$5,118
Total cost$23,847
Affordability Score (58 out of 100)
more expensive
less expensive

Net Price for Residents of Louisiana (with average aid)

Total cost$23,847
- Grants and scholarships$11,074
Net price$12,773
Affordability Score (78 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Louisiana

Total cost$23,847
- Grants and scholarships$13,838
Net price$10,009
Affordability Score (83 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$16,807
+ Room and board$8,664
+ Other expenses$5,118
Total cost$30,589
Affordability Score (53 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$30,589
- Grants and scholarships$11,074
Net price$19,515
Affordability Score (65 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$30,589
- Grants and scholarships$13,838
Net price$16,751
Affordability Score (69 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Louisiana Tech.

Projected Costs Between $43,098 and $163,772 For a Four Year Degree. Between $21,097 and $82,618 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Louisiana Tech University in 2020 - 2021 was $23,847. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 5.3% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $26,447 during their first year. By their senior year, that cost will be approximately $30,887, for a bachelor degree candidate ($27,851 for an associate degree candidate) for a total of $114,515 over the course of four years ($54,298 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $118,593 based on a yearly growth rate of -0.9%. The expected two-year cost is $59,826.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Louisiana Tech University

Cost With Interest for Residents of Louisiana

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*7.7%5.3%
Freshman year$10,438$14,805$26,447
Senior year$10,659$15,939$27,851
Total 2-year net price$21,097$30,744$54,298
10-year loan interest @ 6.8%$8,037$11,712$20,685
Total monthly payment$243$354$625
Total amount paid$29,134$42,456$74,983
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*7.7%5.3%
Freshman year$10,438$14,805$26,447
Senior year$11,116$18,474$30,887
Total 4-year net price$43,098$66,377$114,515
10-year loan interest @ 6.8%$16,419$25,287$43,626
Total monthly payment$496$764$1,318
Total amount paid$59,517$91,665$158,141

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-4.6%-0.9%
Freshman year$15,839$17,765$30,047
Senior year$15,402$16,949$29,780
Total 2-year net price$31,241$34,714$59,826
10-year loan interest @ 6.8%$11,902$13,225$22,792
Total monthly payment$360$399$688
Total amount paid$43,143$47,939$82,618
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-4.6%-0.9%
Freshman year$15,839$17,765$30,047
Senior year$14,563$15,429$29,252
Total 4-year net price$60,781$66,314$118,593
10-year loan interest @ 6.8%$23,155$25,263$45,179
Total monthly payment$699$763$1,365
Total amount paid$83,937$91,577$163,772

Visit net price and financial aid to learn more about the total cost of attending Louisiana Tech University.

Further Questions to Consider

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