How LA Tech's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Louisiana Tech University since 2013.

For that period, the average number of students who received grants aid/scholarships is 8,687, which is 84.22 % of all undergraduate students. 3,216 students which is 31.33% of undergraduate students received federal student loans and the average loan amount is $6,358.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	6,093 (66%)	$8,223	1,986 (21%)	$4,037	2,736 (30%)	$6,465
2014-15	6,826 (72%)	$8,703	2,049 (21%)	$4,102	2,841 (30%)	$6,631
2015-16	7,901 (74%)	$8,956	2,228 (21%)	$4,182	3,132 (29%)	$6,437
2016-17	10,016 (89%)	$7,688	2,452 (22%)	$4,167	3,568 (32%)	$6,514
2017-18	9,544 (88%)	$8,276	2,442 (23%)	$4,549	3,499 (32%)	$6,351
2018-19	9,427 (89%)	$8,677	2,494 (23%)	$4,604	3,520 (33%)	$6,335
2019-20	9,607 (93%)	$9,148	2,395 (23%)	$4,707	3,447 (34%)	$6,242
2020-21	9,319 (93%)	$9,213	2,152 (21%)	$4,709	3,218 (32%)	$6,106
2021-22	9,453 (94%)	$9,857	2,015 (20%)	$4,819	2,984 (30%)	$6,145
Average	8,687 (84.22%)	$8,749	2,246 (21.67%)	$4,431	3,216 (31.33%)	$6,358

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 1,826 (96.00 % of students) received grants or scholarships and its average amount is $11,058. It can cover 65.56% of tuition & fees ($16,866) based on out-of-state rate.

In addition, 797 (41.78 % of students) students get helped from the students loans (average amount : $5,584).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,424 (95%)	$9,570	575 (38%)	$5,512
2014-15	1,718 (95%)	$10,476	720 (40%)	$5,327
2015-16	1,847 (96%)	$11,341	813 (42%)	$5,454
2016-17	1,914 (95%)	$10,650	929 (46%)	$5,696
2017-18	1,826 (96%)	$10,968	832 (44%)	$5,633
2018-19	2,103 (96%)	$11,074	958 (44%)	$5,677
2019-20	2,007 (98%)	$11,289	876 (43%)	$5,450
2020-21	1,786 (96%)	$11,577	758 (41%)	$5,559
2021-22	1,810 (97%)	$12,577	716 (38%)	$5,947
Average	1,826 (96.00%)	$11,058	797 (41.78%)	$5,584

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 574 (30.11 % of students) received Pell (federal) grants and its average amount is $4,457.

In addition, 1,497 students received State/local government grants/scholarships (78.44 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	405 (27%)	$4,140	45 (3%)	$1,045	1,150 (76%)	$4,952	1,053 (70%)	$5,898
2014-15	537 (30%)	$4,069	48 (3%)	$1,385	1,426 (79%)	$5,300	1,294 (72%)	$6,328
2015-16	632 (33%)	$4,335	44 (2%)	$1,398	1,486 (77%)	$5,344	1,441 (75%)	$7,081
2016-17	678 (34%)	$4,284	70 (3%)	$1,350	1,518 (75%)	$4,016	1,564 (78%)	$7,219
2017-18	599 (31%)	$4,643	60 (3%)	$1,417	1,516 (79%)	$5,518	1,511 (79%)	$5,821
2018-19	677 (31%)	$4,463	68 (3%)	$1,338	1,750 (80%)	$5,612	1,756 (81%)	$5,897
2019-20	614 (30%)	$4,615	1,146 (56%)	$677	1,620 (79%)	$5,706	1,663 (81%)	$5,895
2020-21	523 (28%)	$4,788	345 (19%)	$1,893	1,507 (81%)	$5,835	1,512 (81%)	$5,771
2021-22	503 (27%)	$4,775	523 (28%)	$3,489	1,498 (80%)	$5,894	1,592 (85%)	$6,098
Average	574 (30.11%)	$4,457	261 (13.33%)	$1,555	1,497 (78.44%)	$5,353	1,487 (78.00%)	$6,223

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 797 (41.78 % of students) get any students loan help and its average loan amount is $797.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	575 (38%)	$5,512	570 (38%)	$5,257	21 (1%)	$8,250
2014-15	720 (40%)	$5,327	717 (40%)	$5,294	10 (1%)	$3,965
2015-16	813 (42%)	$5,454	807 (42%)	$5,244	30 (2%)	$6,733
2016-17	929 (46%)	$5,696	922 (46%)	$5,461	28 (1%)	$9,147
2017-18	832 (44%)	$5,633	828 (43%)	$5,282	38 (2%)	$8,246
2018-19	958 (44%)	$5,677	945 (43%)	$5,199	56 (3%)	$9,392
2019-20	876 (43%)	$5,450	868 (42%)	$5,159	36 (2%)	$8,236
2020-21	758 (41%)	$5,559	749 (40%)	$5,221	31 (2%)	$9,781
2021-22	716 (38%)	$5,947	696 (37%)	$5,219	54 (3%)	$11,588
Average	797 (41.78%)	$5,584	789 (41.22%)	$5,260	34 (1.89%)	$8,371

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Scholarships, Grants, and Loan Trends at LA Tech

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time