by our College Data Analytics TeamA lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Louisiana Tech University can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial assistance options will Louisiana Tech offer you, and what will you qualify for? Read on for more information. Keep scrolling to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Louisiana Tech University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Louisiana Tech University, 97% of first-time, full-time freshmen received some form of financial aid (about 2178 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $12,149 |
| Institutional grants & scholarships | 78% | $6,042 |
| Federal Pell grants | 33% | $5,768 |
| State/local grants | 76% | $6,357 |
| Federal student loans | 39% | $5,116 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Louisiana Tech, approximately 91% of undergrads got grants or scholarships worth on average $9,493 (across roughly 9438 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $9,493 |
| Federal Pell grants | 22% | $5,561 |
| Federal student loans | 27% | $5,983 |
Title-IV recipients living on campus saw average grant aid of $12,416.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,726 |
| $30,001 – $75,000 | $10,454 |
| Over $75,000 | $15,568 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,864 |
| Off-campus title-IV students | $12,209 |
To project your own net price, use Louisiana Tech’s official net price calculator: www.latech.edu/current-students/financial-aid/resources/net-price-calculator/#content.
The median federal debt load at Louisiana Tech comes to $15,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $22,135 |
| Typical 10-year monthly payment (graduates) | $234.67/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Louisiana Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $22,765 |
| 90th percentile (highest-debt students) | $31,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,083 |
| Middle income | $14,850 |
| High income | $15,091 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,535 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,850 |
| Independent students | $16,084 |
These indicators are derived from the underlying debt data and summarize the overall picture at Louisiana Tech.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Louisiana Tech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 26626 |
| Total Stafford loan amount | $532,176,897 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 149 |
| Total GI Bill amount | $1,291,740 |
| Average GI Bill amount per recipient | $8,669 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 19 |
| Total DoD amount | $44,602 |
| Average DoD amount per recipient | $2,347 |
References
More about our data sources and methodologies.