LeTourneau University

www.letu.edu/

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2021 Undergraduate Tuition

$32,690

2.99% growth from 2020

2021 Average Net Price

$25,932

After Financial Aid

2019 Student Loan

1.56%

Default Rate

2021 Acceptance Rate

54.2%

2,290 Applicants

2021 Enrolled Students

3,209

44.8% Full-Time

2021 Graduation Rate

63.7%

174 Graduates

About

LeTourneau University is a higher education institution located in Gregg County, TX. In 2021, the most popular Bachelors Degree concentrations at LeTourneau University were Mechanical Engineering (37 degrees awarded), General Business Administration & Management (35 degrees), and General Aeronautics & Aerospace Science & Technology (30 degrees).

In 2021, 473 degrees were awarded across all undergraduate and graduate programs at LeTourneau University. 51.4% of these degrees were awarded to women, and 48.6% awarded men. The most common race/ethnicity group of degree recipients was white (290 degrees), 4.6 times more than then the next closest race/ethnicity group, black or african american (63 degrees).

The median undergraduate tuition at LeTourneau University is $32,690, which is $9,506 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at LeTourneau University is $32,690, which is $9,506 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $25,932.

In 2021, 51% of undergraduate students attending LeTourneau University received financial aid through grants. Comparatively, 35% of undergraduate students received financial aid through loans.

Tuition Costs

$32,690

2021 Undergraduate Tuition

In 2021, the cost of tuition at LeTourneau University was $32,690. The cost of tuition at LeTourneau University is $9,506 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

This chart compares the tuition costs of LeTourneau University (in red) with those of other similar universities.

Average Net Price

$25,932

2021 Value

1.06%

1 Year Growth

In 2021 LeTourneau University had an average net price — the price paid after factoring in grants and loans — of $25,932. Between 2020 and 2021, the average net price of LeTourneau University grew by 1.06%.

This chart compares the average net price of LeTourneau University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$10,410

Room and Board

$1,612

Books and Supplies

The average yearly cost of room and board at LeTourneau University was of $10,410 in 2021. The cost of room and board increased by 0.483% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,612. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at LeTourneau University (in red) with that of similar universities.

Financial Aid by Income Level

51%

Undergraduates Receiving Financial Aid through Grants

35%

Undergraduates Receiving Financial Aid through Loans

51% of undergraduate students at LeTourneau University received financial aid through grants or loans in 2021. This represents a decline of 3.77% with respect to 2020, when 53% of undergraduate students received financial aid.

This chart compares the average award discount at LeTourneau University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.56%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at LeTourneau University was 1.56%, which represents 12 out of the 768 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

LeTourneau University received 2,290 undergraduate applications in 2021, which represents a 4.04% annual growth. Out of those 2,290 applicants, 1,241 students were accepted for enrollment, representing a 54.2% acceptance rate.

There were 3,209 students enrolled at LeTourneau University in 2021. 34% of first-time enrollees submitted SAT scores with their applications.

LeTourneau University has an overall enrollment yield of 26.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

54.2%

Acceptance Rate in 2021

1,241

Accepted Out of 2,290

In 2021, the undergraduate acceptance rate of LeTourneau University was 54.2% (1,241 admissions from 2,290 applications). This is lower than the acceptance rate of 2020, which was 56.1%. Between 2020 and 2021, the number of applicants grew by 4.04%, while admissions grew by 0.486%..

This chart compares the acceptance rate of LeTourneau University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

34%

Submission Percentage (2021)

110

Scores Submitted (2021)

34% of enrolled first-time students at LeTourneau University in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

LeTourneau University had a total enrollment of 3,209 students in 2021. The full-time enrollment at LeTourneau University is 1,438 students and the part-time enrollment is 1,771. This means that 44.8% of students enrolled at LeTourneau University are enrolled full-time.

The enrolled student population at LeTourneau University, both undergraduate and graduate, is 40.6% White, 8.16% Hispanic or Latino, 5.39% Black or African American, 3.33% Two or More Races, 1.12% Asian, 0.405% American Indian or Alaska Native, and 0.0623% Native Hawaiian or Other Pacific Islanders.

Students enrolled at LeTourneau University in full-time Undergraduate programs are most commonly White Male (45.9%), followed by White Female (23.5%) and Two or More Races Male (3.24%). Students enrolled in full-time Graduate programs are most commonly White Female (54.2%), followed by White Male (10.4%) and Black or African American Female (8.33%).

Full-Time vs Part-Time Enrollment

44.8%

Full-Time Enrollment

The total enrollment at LeTourneau University in 2021, both undergraduate and graduate, is 3,209 students. The full-time enrollment at LeTourneau University is 1,438 and the part-time enrollment is 1,771. This means that 44.8% of students enrolled at LeTourneau University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at LeTourneau University (in red) compares to similar universities.

Retention Rate over Time

77%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at LeTourneau University was 77%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), LeTourneau University had a retention rate higher than its peers.

This chart shows the retention rate over time at LeTourneau University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,302 enrolled students
Hispanic or Latino
262 enrolled students
Black or African American
173 enrolled students

The enrolled student population at LeTourneau University is 40.6% White, 8.16% Hispanic or Latino, 5.39% Black or African American, 3.33% Two or More Races, 1.12% Asian, 0.405% American Indian or Alaska Native, and 0.0623% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 1,214 students (37.8%) did not report their race.

Graduates

In 2021, 13 more women than men received degrees from LeTourneau University. The most common race/ethnicity group of degree recipients at LeTourneau University is white (290 degrees awarded). There were 4.6 times more white recipients than the next closest race/ethnicity group, black or african american (63 degrees).

The most common Bachelor's Degree concentration at LeTourneau University is Mechanical Engineering (37 degrees awarded), followed by General Business Administration & Management (35 degrees) and General Aeronautics & Aerospace Science & Technology (30 degrees).

In 2021, the most specialized majors across all degree types at LeTourneau University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Transportation (34 degrees awarded), Applied Sciences (5 degrees), and Engineering (103 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at LeTourneau University are Software developers (431,091 people), Other managers (421,848 people), Miscellaneous engineers, including nuclear engineers (350,496 people), Civil engineers (267,651 people), and Mechanical engineers (203,535 people).

The most specialized majors at LeTourneau University in 2021 are Transportation (34 degrees awarded), Applied Sciences (5 degrees), Engineering (103 degrees), Psychology (53 degrees), and Engineering Technologies (19 degrees) (as of 2021).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at LeTourneau University are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at LeTourneau University are Transportation (34 degrees awarded), Applied Sciences (5 degrees), Engineering (103 degrees), Psychology (53 degrees), and Engineering Technologies (19 degrees) (as of 2021).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at LeTourneau University are Computer Systems Design (511,181 people), Elementary & secondary schools (468,529 people), Architectural, engineering & related services (436,038 people), Colleges, universities & professional schools, including junior colleges (349,783 people), and Construction (327,460 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by LeTourneau University.

Most Common (2021)

Mechanical Engineering
37 degrees awarded
General Business Administration & Management
35 degrees awarded
General Aeronautics & Aerospace Science & Technology
30 degrees awarded

In 2021, the most common bachelors degree concentration at LeTourneau University was Mechanical Engineering with 37 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at LeTourneau University according to their major.

Sex Breakdown for Common Majors

230

Degrees Awarded to Men

in 2021

243

Degrees Awarded to Women

in 2021

In 2021, 230 degrees were awarded to men at LeTourneau University, which is 0.947 times less than the number of degrees awarded to females (243).

This chart displays the sex disparity between the top 5 majors at LeTourneau University by degrees awarded.

Most Common Male Majors

In 2021, 40 degrees were awarded to men at LeTourneau University in Mechanical Engineering, which is 13.3 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2021, 31 degrees were awarded to men at LeTourneau University in General Business Administration & Management, which is 1.15 times more than the 27 male recipients with that same degree.

Time to Complete

49%

100% Completion Time

63%

150% Completion Time

In 2021, 49% of students graduating from LeTourneau University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 64% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at LeTourneau University is Female and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.87% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
290 degrees awarded
Black or African American
63 degrees awarded
Two or More Races
37 degrees awarded

The most common race/ethnicity at LeTourneau University is white (290 degrees awarded). There were 4.6 times more white recipients than the next closest race/ethnicity group, black or african american (63 degrees).

7.4% of degree recipients (35 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
146 degrees awarded
White Female
144 degrees awarded
Black or African American Female
49 degrees awarded

The most common race/ethnicity and sex grouping at LeTourneau University is white male (146 degrees awarded). There were 1.01 times more white male recipients than the next closest race/ethnicity group, white female (144 degrees).

Operations

LeTourneau University has an endowment valued at nearly $28.5M, as of the end of the 2021 fiscal year. The return on its endowment was of 7.97M (27.9%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, LeTourneau University had a total salary expenditure of 49.4M. LeTourneau University employs 30 Professors, 24 Associate professors and 21 No academic ranks. Most academics at LeTourneau University are Male Professor (25), Male Associate professor (19), and Male No academic rank (17).

The most common positions for non-instructional staff at LeTourneau University are: Office and Administrative Support, with 54 employees, Management, with 49 employees, and Service with 35 employees.

Endowment

$28.5M

2021 Endowment

24.8%

growth from 2020

LeTourneau University has an endowment valued at about $28.5M, as of the end of the 2021 fiscal year. The endowment of LeTourneau University grew 24.8% from the previous year. The value of their endowment was $21.9M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at LeTourneau University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$21.7M

2021 Salaries

5.49%

decline from 2020

In 2021, LeTourneau University paid a median of $21.7M in salaries, which represents 43.9% of their overall expenditure ($49.4M) and a 5.49% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$6.41M

Instructional Salaries

100

Number of Employees

In 2021, LeTourneau University paid a total of $6.41M to 100 employees working as instructors, which represents 29.5% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

30 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

54 Employees

In 2021, the most common positions for instructional staff at LeTourneau University were Professor with 30 employees, Associate professor with 24 employees, and No academic rank with 21 employees.

In 2021, the most common positions for non-instructional staff at LeTourneau University were Office and Administrative Support with 54 employees, Management with 49 employees, and Service with 35 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Associate professor
Male No academic rank

In 2021, the most common demographic for instructional staff at LeTourneau University was Male Professor with 25 employees, Male Associate professor with 19 employees, and Male No academic rank with 17 employees.

This chart shows the sex split between each academic rank present at LeTourneau University.