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Friday, November 22, 2024

Cost of college went up for all students at LeTourneau University

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Tuition and fees rose 3 percent for 2018-19 at LeTourneau University, according to recent data from the U.S. Department of Education.

Texas students paid $30,210 to attend the four-year private not-for-profit institution this year – $890 more than the $29,320 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 287 students received grants or scholarships totaling $5.5 million and 184 students took out student loans totaling more than $1.3 million.

Including all undergraduates (3,175), 1,512 students used grants or scholarships totaling $24 million, and 1,164 students took out $9.6 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~2,064$27,900$28,480$29,320$30,2108.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at LeTourneau University in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants10637%$526,410$4,966
State / local grant or scholarship9232%$356,584$3,876
Institutional grants or scholarships28198%$4,611,075$16,410
Grant or scholarship aid total287100%$5,494,069$19,143
Federal student loans18464%$1,004,517$5,459
Other student loans228%$289,341$13,152
Student loan aid18464%$1,293,858$7,032
Total student aid287100%--

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