Understanding the Cost of Education at Letourneau University
Letourneau University is a private Christian university located in Longview, Texas. It offers a wide range of undergraduate and graduate programs in various disciplines. Understanding the cost of attending Letourneau University is crucial for prospective students. This article will provide a comprehensive breakdown of tuition, fees, and other expenses associated with attending the university.
Tuition and Fees: The Basics
Letourneau University’s tuition and fees vary depending on whether students are undergraduates, graduates, or enrolled in online programs. Here’s a breakdown of the costs:
Undergraduate Tuition and Fees (2022-2023)
| Category | Cost |
|—|—|
| Tuition | $36,980 |
| Student Fee | $930 |
| Technology Fee | $360 |
| Health and Wellness Fee | $1,260 |
| Total Tuition and Fees | $39,530 |
Graduate Tuition and Fees (2022-2023)
| Category | Cost |
|—|—|
| Tuition (Business) | $20,910 |
| Tuition (Engineering) | $21,810 |
| Tuition (Education) | $19,140 |
| Student Fee | $90 |
| Technology Fee | $360 |
| Health and Wellness Fee | $360 |
| Total Tuition and Fees (Business) | $22,160 |
| Total Tuition and Fees (Engineering) | $23,060 |
| Total Tuition and Fees (Education) | $20,390 |
Online Tuition and Fees (2022-2023)
| Category | Cost |
|—|—|
| Tuition (Undergraduate) | $27,150 |
| Tuition (Graduate) | $16,380 |
| Technology Fee | $360 |
Additional Expenses: Beyond Tuition and Fees
Aside from tuition and fees, students should factor in additional expenses associated with attending Letourneau University:
Housing
| Type | Cost |
|—|—|
| On-Campus Housing (Double Occupancy) | $6,600-$8,715 |
| Off-Campus Housing (Average Rent) | $800-$1,200 |
Meal Plan
| Type | Cost |
|—|—|
| Unlimited Meal Plan | $5,040 |
| Commuter Meal Plan | $2,280 |
Books and Supplies
| Type | Cost |
|—|—|
| Annual Estimated Cost | $1,000-$1,500 |
Transportation
| Type | Cost |
|—|—|
| Parking Permit (Annual) | $200 |
| Bus Pass (Annual) | $360 |
Financial Aid: Options for Covering Costs
Letourneau University offers a variety of financial aid options to help students cover the cost of attendance. These include:
- Scholarships (Merit-based and need-based)
- Grants (Federal and state-based)
- Student Loans (Federal and private)
- Work-Study Programs
Common Mistakes to Avoid When Estimating Costs
- Underestimating Hidden Costs: Students often overlook expenses such as books, supplies, and transportation.
- Assuming Financial Aid Will Cover All Costs: Financial aid may not cover the full cost of attendance, especially for students with high expenses.
- Not Exploring All Options: Students may miss out on scholarships and grants by not applying to all available options.
- Ignoring the True Cost of Debt: Student loans can accumulate interest charges, leading to higher overall costs.
FAQs
-
What is the total annual cost of attending Letourneau University as an undergraduate?
The total annual cost, including tuition, fees, housing, and meal plan, can range from approximately $52,000 to $60,000. -
Are there any discounts or scholarships available?
Yes, Letourneau University offers a variety of scholarships, including merit-based and need-based awards. -
What is the average student loan debt at Letourneau University?
According to the College Board, the average student loan debt for Letourneau University graduates is $28,667. -
What is the graduation rate at Letourneau University?
The four-year graduation rate for Letourneau University is 66%, while the six-year graduation rate is 79%. -
What is the student-to-faculty ratio at Letourneau University?
The student-to-faculty ratio is 15:1. -
What is the acceptance rate at Letourneau University?
The acceptance rate for Letourneau University is approximately 75%. -
What is the endowment size at Letourneau University?
The endowment size for Letourneau University is approximately $150 million. -
What is the largest major at Letourneau University?
The largest major at Letourneau University is Mechanical Engineering.
