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National Application Center :: campus tours :: Louisiana Tech University costs & financial aid

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Louisiana Tech University

Louisiana Tech University
P.O. Box 3168
Ruston, LA 71272

Official telephone: (318) 257-0211

Fax number: (318) 257-2928
Website: www.latech.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Aimee Baxter,
Director of Financial Aid
Contacting the office: 318 257-2641
318 257-2628 (fax)
techaid@latech.edu
FAFSA number: 002008

EXPENSES
Undergraduate tuition: $5,642; $13,858 out-of-state

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAApril 1yesN/A
Institution's own financial aid formApril 1yesN/A

Date award notification begins: April 15
Applied for financial aid:
94% of first-year students
83% of full-time undergraduates
45% of part-time undergraduates
Determined to have financial need:
65% of first-year students
68% of full-time undergraduates
82% of part-time undergraduates
Students determined to have financial need who received any financial aid:
99% of first-year students
97% of full-time undergraduates
82% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
98% of first-year students
94% of full-time undergraduates
74% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
45% of first-year students
56% of full-time undergraduates
67% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
30% of first-year students
21% of full-time undergraduates
5% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
32% of first-year students
24% of full-time undergraduates
6% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
86% for first-year students
83% for full-time undergraduates
70% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$10,813 for first-year students
$10,819 for full-time undergraduates
$5,575 for part-time undergraduates
Average need-based gift award:
$9,701 for first-year students
$9,286 for full-time undergraduates
$4,177 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$2,874 for first-year students
$3,800 for full-time undergraduates
$3,701 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$2,657 for first-year students
$3,529 for full-time undergraduates
$3,563 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
28% of first-year students
23% of full-time undergraduates
17% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$3,576 for first-year students
$3,565 for full-time undergraduates
$1,499 for part-time undergraduates
Students who received a non-need-based athletic award:
2% of first-year students
3% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$10,352 for first-year students
$12,251 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
Parent loans packaged to meet need: no
First-year loan package range: $300 - $12,032
Undergraduate loan package range: $300 - $24,344
Percent of undergraduates who have borrowed through all loan programs: 49%
Average student debt upon graduation: $24,179
Types of payment plans:
  • Tuition Management Systems
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $2,455 - $4,332
Undergraduate scholarship/grant award range: $3,503 - $4,000
Percent of scholarship aid awarded to out-of-state students: 36%

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