In 2022, tuition for full-time students at Louisiana Tech University was $7,190 a year for in-state students and $14,556 a year for out-of-state students.
Usually, college tuition goes up about 3% every year.
If this information makes going to college seem daunting, remember, the total cost of tuition isn't the final cost for attending college. Many students pay far less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theprice of collegemore manageable until after graduation.
International students can expect to pay 14,556 per year for tuition at Louisiana Tech University.
Louisiana Tech University is a public, state institution, so it offers a reduced tuition rate of $7,190 for students who qualify as state residents and attend full-time. For non-Louisiana residents, out-of-state tuition is $14,556 a year.
Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for those who qualify as Louisiana residents.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to confirm your state's criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on where you live.
Explore other Louisiana colleges
LA Tech has the same tuition for international students as for those from out of state.
International students at Louisiana Tech University usually pay around $14,556 per year, before any scholarships or financial aid.
International students are not eligible for federal financial aid, but should research private or school-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to the cost of 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 LA Tech.
Room and board at LA Tech costs $9,447 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the LA Tech's on-campus cafeterias and dining facilities. Students who do not live on-campus but still want to use the dining facilities can choose to be on a meal plan. The cost of board-only is $5,877.
Meal-plan costs vary based on on the numnber of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.
Keep in mind, there could also be other costs associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer ways for students with financial need to get help covering these costs.
The cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget.
A school's location can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city might be expensive, but there may be more buses, trains or affordable flights to actually get to school. The Louisiana Tech University campus is in a small town setting in Louisiana.
When creating a budget for college, be sure to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending LA Tech.
What will the cost of attending LA Tech be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$9,447|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
In 2022, 4,432 of the 10,053 undergrads enrolled received financial aid. LA Tech meets 68% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $11,821 a year. Around 47.9% of LA Tech undergrads take out student loans to cover any remaining costs. LA Tech graduates who have student loans graduate with an average of $25,086 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for LA Tech Students|
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 LA Tech financial aid, keep reading, or visit their financial aid website.
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 2022, LA Tech awarded 4,250 need-based scholarships to students, giving away total of $37.9 million to help students with financial need cover the cost of school. An additional $26.15 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 LA Tech 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 LA Tech was $11,821 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of LA Tech seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$7,843|
What will attending LA Tech 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 LA Tech's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
LA Tech offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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