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Colleges / LeTourneau University

LeTourneau University

Longview, TX 4-Year Private
Acceptance Rate49%

Letourneau University Tuition Information

In 2022, tuition for full-time students at Letourneau University was $34,680 a year.

Tuition increased 3% in 2023–from $33,670 the previous year. Usually, colleges raise tuition about 3% each year.

Remember, the displayed price of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students pay much less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make theactual cost of attending college more manageable until you're done with college.

LeTourneau University meets 67.93% of the demonstrated financial need for undergraduates. First-year students that attend LeTourneau University full-time are awarded $26,404 a year in financial aid, on average.

Students in the class of 2023 who had taken out student loans graduated with an average of $38,992 of debt.

In-state vs. Out-of-state Tuition at LeTourneau University

LeTourneau University is a private, religious institution, so it has the same tuition for residents of Texas as it does for students who live in other states.

Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for students who are residents of that state.

Attending a college where you are eligible for in-state tuition can save students a lot of money on the total cost of attending college. Take the time to confirm your state's rules for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on the state you and your parents currently reside in.

Explore other Texas colleges

Do International Students Pay More to Go to LeTourneau University?

Tuition at LeTourneau University is the same for each student.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities.


LeTourneau University Room, Board, Fees, and More


In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at LeTourneau University.

House and Food Costs at LeTourneau University

Housing and campus dining at LeTourneau University is $10,570 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the LeTourneau University's on-campus cafeterias and dining halls.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

Cost of Books at LeTourneau University

The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer resources for students who may struggle to participate because of cost can get help covering these costs.

The Cost of Transportation at LeTourneau University

The cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

Where are a college is located can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area might be expensive, but there may be more buses, trains or low-cost flight options to actually get to school. LeTourneau Universityis located in a suburb in Texas.

Other Costs

When you're planning for college, be sure to take into account the cost of things like entertainment, clothes, furnishings and toiletries.


The Full Cost of Attending LeTourneau University


Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of the actual cost of attending LeTourneau University.

Total Cost of LeTourneau University

What will the cost of attending LeTourneau University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition $34,680
Room and Board $10,570
Other expenses $1,464

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus $47,534
Off-Campus $37,426

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.


Financial Aid at LeTourneau University


In 2023, 800 of the 3,362 undergrads enrolled received financial aid. LeTourneau University meets 67.93% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $26,404 a year. Around 66% of LeTourneau University undergrads take out student loans to cover any remaining costs. LeTourneau University graduates who have student loans graduate with an average of $38,992 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $24,536
State Loans $68,531
Private Loans $41,801
Most Common Loans for LeTourneau University Students
Federal Loans 65%
State loans 9%
Private loans 15%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on LeTourneau University financial aid, keep reading, or visit their financial aid website.

Scholarships at LeTourneau University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, LeTourneau University awarded 792 need-based scholarships to students, giving away total of $17.4 million to help students with financial need cover the cost of school. An additional $6.7 million in merit-based scholarship money was awarded to students without demonstrated financial need.

LeTourneau University Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for LeTourneau University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at LeTourneau University was $26,404 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of LeTourneau University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $21,130
Off-Campus $11,022

What will attending LeTourneau University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the LeTourneau University's net cost calculator on their website.

LeTourneau University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

LeTourneau University does not have guaranteed tuition.

LeTourneau University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Letourneau University Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Letourneau University has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

LeTourneau University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about LeTourneau University's endowment, check with the school directly.


Learn More About LeTourneau University


Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

See what others say about LeTourneau University in the College Confidential forums

Letourneau University Tuition & Fees

Tuition & Fees

$46,070

In State

$46,070

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$34,680
$34,680
Fees
$820
$820
Housing
$10,570
$10,570
Books
Unknown
Unknown

Letourneau University Financial Aid

Students Who Receive Need-Based Aid

61%

Average Financial Aid Package

$24,538

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

3,536

Campus Setting

Suburban

Acceptance Rate

49%

Tuition and Fees

In State

$35,500

Out-of-State

$35,500

Fall Freshmen
Application Deadline

Continuous processing
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