Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 96.00% of students received grants or scholarships and 42% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,093 (66%)$8,2231,986 (21%)$4,0372,736 (30%)$6,465
2014-156,826 (72%)$8,7032,049 (21%)$4,1022,841 (30%)$6,631
2015-167,901 (74%)$8,9562,228 (21%)$4,1823,132 (29%)$6,437
2016-1710,016 (89%)$7,6882,452 (22%)$4,1673,568 (32%)$6,514
2017-189,544 (88%)$8,2762,442 (23%)$4,5493,499 (32%)$6,351
2018-199,427 (89%)$8,6772,494 (23%)$4,6043,520 (33%)$6,335
2019-209,607 (93%)$9,1482,395 (23%)$4,7073,447 (34%)$6,242
2020-219,319 (93%)$9,2132,152 (21%)$4,7093,218 (32%)$6,106
2021-229,453 (94%)$9,8572,015 (20%)$4,8192,984 (30%)$6,145
Average8,687 (84.22%)$8,7492,246 (21.67%)$4,4313,216 (31.33%)$6,358
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,424 (95%)$9,570575 (38%)$5,512
2014-151,718 (95%)$10,476720 (40%)$5,327
2015-161,847 (96%)$11,341813 (42%)$5,454
2016-171,914 (95%)$10,650929 (46%)$5,696
2017-181,826 (96%)$10,968832 (44%)$5,633
2018-192,103 (96%)$11,074958 (44%)$5,677
2019-202,007 (98%)$11,289876 (43%)$5,450
2020-211,786 (96%)$11,577758 (41%)$5,559
2021-221,810 (97%)$12,577716 (38%)$5,947
Average1,826 (96.00%)$11,058797 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14405 (27%)$4,14045 (3%)$1,0451,150 (76%)$4,9521,053 (70%)$5,898
2014-15537 (30%)$4,06948 (3%)$1,3851,426 (79%)$5,3001,294 (72%)$6,328
2015-16632 (33%)$4,33544 (2%)$1,3981,486 (77%)$5,3441,441 (75%)$7,081
2016-17678 (34%)$4,28470 (3%)$1,3501,518 (75%)$4,0161,564 (78%)$7,219
2017-18599 (31%)$4,64360 (3%)$1,4171,516 (79%)$5,5181,511 (79%)$5,821
2018-19677 (31%)$4,46368 (3%)$1,3381,750 (80%)$5,6121,756 (81%)$5,897
2019-20614 (30%)$4,6151,146 (56%)$6771,620 (79%)$5,7061,663 (81%)$5,895
2020-21523 (28%)$4,788345 (19%)$1,8931,507 (81%)$5,8351,512 (81%)$5,771
2021-22503 (27%)$4,775523 (28%)$3,4891,498 (80%)$5,8941,592 (85%)$6,098
Average574 (30.11%)$4,457261 (13.33%)$1,5551,497 (78.44%)$5,3531,487 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14575 (38%)$5,512570 (38%)$5,25721 (1%)$8,250
2014-15720 (40%)$5,327717 (40%)$5,29410 (1%)$3,965
2015-16813 (42%)$5,454807 (42%)$5,24430 (2%)$6,733
2016-17929 (46%)$5,696922 (46%)$5,46128 (1%)$9,147
2017-18832 (44%)$5,633828 (43%)$5,28238 (2%)$8,246
2018-19958 (44%)$5,677945 (43%)$5,19956 (3%)$9,392
2019-20876 (43%)$5,450868 (42%)$5,15936 (2%)$8,236
2020-21758 (41%)$5,559749 (40%)$5,22131 (2%)$9,781
2021-22716 (38%)$5,947696 (37%)$5,21954 (3%)$11,588
Average797 (41.78%)$5,584789 (41.22%)$5,26034 (1.89%)$8,371

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