LeTourneau University

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2017 Undergraduate Tuition

$28,770

3.01% growth from 2016

2017 Average Net Price

$22,608

After Financial Aid

2016 Student Loan

7.61%

Default Rate

2017 Acceptance Rate

47.1%

1,780 Applicants

2017 Enrolled Students

3,003

45.2% Full-Time

2017 Graduation Rate

58.8%

163 Graduates

About

LeTourneau University is a higher education institution located in Gregg County, TX. In 2016, the most popular Bachelor's Degree concentrations at LeTourneau University were General Business Administration & Management (81 degrees awarded), Mechanical Engineering (53 degrees), and Elementary Education & Teaching (44 degrees).

In 2017, 587 degrees were awarded across all undergraduate and graduate programs at LeTourneau University. 55.4% of these degrees were awarded to women, and 44.6% awarded men. The majority of degree recipients were white (355 degrees), 4.38 times more than then the next closest race/ethnicity group, black or african american (81 degrees).

The median undergraduate tuition at LeTourneau University is $28,770, which is $8,037 more than the national average for Masters Colleges and Universities ($20,733).

Costs

The median undergraduate tuition at LeTourneau University is $28,770, which is $8,037 more than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $22,608.

In 2017, 67% of undergraduate students received federal grants, while 49% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$28,770

2017 Undergraduate Tuition

In 2017, the cost of tuition at LeTourneau University was $28,770. The cost of tuition at LeTourneau University is $8,037 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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Average Net Price

$22,608

2017 Value

5.63%

1 Year Growth

In 2017 LeTourneau University had an average net price — the price paid after factoring in grants and loans — of $22,608. Between 2016 and 2017, the average net price of LeTourneau University grew by 5.63%.

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.

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Other Student Expenses

$10,051

Room and Board

$1,550

Books and Supplies

The average yearly cost of room and board at LeTourneau University was of $10,051 in 2017. During the same period, the average yearly cost of books and supplies was $1,550. The cost of room and board increased by 0.954% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

67%

Of Undergraduates Receive Grants

49%

Of Undergraduates Receive Federal Loans

67% of undergraduate students at LeTourneau University received grants or loans in 2017. This represents a growth of 6.35% with respect to 2016, when 63% 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.

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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.

7.61%

2016 Default Rate

69

Number of Defaults

In 2016 the default rate for borrower's at LeTourneau University was 7.61%, which represents 69 out of the 907 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.

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Admissions

LeTourneau University received 1,780 undergraduate applications in 2017, which represents a 3.37% annual decline. Out of those 1,780 applicants, 838 students were accepted for enrollment, representing a 47.1% acceptance rate.

There were 3,003 students enrolled at LeTourneau University in 2017, and 60% of first-time enrollees submitted SAT scores with their applications.

LeTourneau University has an overall enrollment yield of 38.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

47.1%

Acceptance Rate in 2017

838

Accepted Out of 1,780

In 2017, the undergraduate acceptance rate of LeTourneau University was 47.1% (838 admissions from 1,780 applications). This is higher than the acceptance rate of 2016, which was 44.2%. Between 2016 and 2017, the number of applicants declined by -3.37%, while admissions grew by 2.95%.

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SAT Scores

60%

Submission Percentage

191

Scores Submitted

60% of enrolled first-time students at LeTourneau University in 2017 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.

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Enrollment

LeTourneau University has a total enrollment of 3,003 students. The full-time enrollment at LeTourneau University is 1,356 students and the part-time enrollment is 1,647. This means that 45.2% of students enrolled at LeTourneau University are enrolled full-time.

The enrolled student population at LeTourneau University, both undergraduate and graduate, is 64.7% White, 11.9% Black or African American, 5.79% Hispanic or Latino, 5.53% Two or More Races, 1.7% Asian, 0.633% American Indian or Alaska Native, and 0.0666% Native Hawaiian or Other Pacific Islanders.

Students enrolled at LeTourneau University in full-time Undergraduate programs are majority White Male (45%), followed by White Female (22.7%) and Hispanic or Latino Male (3.54%). Students enrolled in full-time Graduate programs are majority White Female (34.5%), followed by White Male (25.5%) and Black or African American Female (9.09%).

Full-Time vs Part-Time Enrollment

45.2%

Full-Time Enrollment

The total enrollment at LeTourneau University, both undergraduate and graduate, is 3,003 students. The full-time enrollment at LeTourneau University is 1,356 and the part-time enrollment is 1,647. This means that 45.2% of students enrolled at LeTourneau University are enrolled full-time compared with 68.6% 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.

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Retention Rate over Time

82%

2017 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 82%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,943

  2. Black or African American

    356

  3. Hispanic or Latino

    174

The enrolled student population at LeTourneau University is 64.7% White, 11.9% Black or African American, 5.79% Hispanic or Latino, 5.53% Two or More Races, 1.7% Asian, 0.633% American Indian or Alaska Native, and 0.0666% 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 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 210 students (6.99%) did not report their race.

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Graduates

In 2017, 63 more women than men received degrees from LeTourneau University. The majority of degree recipients at LeTourneau University are white (355 degrees awarded). There were 4.38 times more white graduates than the next closest race/ethnicity group, black or african american (81 degrees).

The most common Bachelor's Degree concentration at LeTourneau University is General Business Administration & Management (81 degrees awarded), followed by Mechanical Engineering (53 degrees) and Elementary Education & Teaching (44 degrees).

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 (30 degrees awarded), Engineering (103 degrees), and Psychology (76 degrees).

Workforce

Common Jobs by Major

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 Other managers (404,020 people), Software developers (374,313 people), Miscellaneous engineers, including nuclear engineers (316,144 people), Civil engineers (234,739 people), and Mechanical engineers (183,604 people).

The most specialized majors at LeTourneau University are Transportation (30 degrees awarded), Engineering (103 degrees), Psychology (76 degrees), Theology (10 degrees), and Engineering Technologies (28 degrees).

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Highest Paying Jobs by Major

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 Personal financial advisors, Surgeons, Physicians, Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining, and Marketing managers

The most specialized majors at LeTourneau University are Transportation (30 degrees awarded), Engineering (103 degrees), Psychology (76 degrees), Theology (10 degrees), and Engineering Technologies (28 degrees).

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Common Industries by Major

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 (466,947 people), Architectural, engineering & related services (409,833 people), Elementary & secondary schools (407,138 people), Colleges, universities & professional schools, including junior colleges (317,511 people), and Construction (292,084 people).

The most specialized majors at LeTourneau University are Transportation (30 degrees awarded), Engineering (103 degrees), Psychology (76 degrees), Theology (10 degrees), and Engineering Technologies (28 degrees).

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Degrees

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

  1. 81 degrees awarded

  2. 53 degrees awarded

  3. 44 degrees awarded

In 2017, the most common bachelors degree concentration at LeTourneau University was General Business Administration & Management with 81 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 262

  2. 325

In 2017, 262 degrees were awarded to men at LeTourneau University, which is 0.806 times less than the number of degrees awarded to females (325).

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

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Most Common Male Majors

In 2017, 43 degrees were awarded to men at LeTourneau University in Mechanical Engineering, which is 4.3 times more than the 10 female recipients with that same degree.

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Most Common Female Majors

In 2017, 73 degrees were awarded to women at LeTourneau University in General Business Administration & Management, which is 1.78 times more than the 41 male recipients with that same degree.

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Time to Complete

37%

100% Completion Time

54%

150% Completion Time

In 2017, 37% of students graduating from LeTourneau University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 55% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at LeTourneau University is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (68.1%).

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, 3.68% of graduates (6 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    355 degrees awarded

  2. Black or African American

    81 degrees awarded

  3. Hispanic or Latino

    58 degrees awarded

The most common race/ethnicity at LeTourneau University is white (355 degrees awarded). There were 4.38 times more white recipients than the next closest race/ethnicity group, black or african american (81 degrees).

3.75% of degree recipients (22 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    178 degrees awarded

  2. White Male

    177 degrees awarded

  3. Black or African American Female

    65 degrees awarded

The most common race/ethnicity and gender grouping at LeTourneau University is white female (178 degrees awarded). There were 1.01 times more white female recipients than the next closest race/ethnicity group, white male (177 degrees).

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Operations

LeTourneau University has an endowment valued at nearly $20.3M, as of the end of the 2017 fiscal year. The return on its endowment was of $973k (4.78%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, LeTourneau University had a total salary expenditure of $51.2M. LeTourneau University employs 31 Assistant professors, 26 Professors, and 22 Associate professors. Most academics at LeTourneau University are Male Professors (22), Male Assistant professors(22), and Male Associate professors (17).

The most common positions for non-instructional staff at LeTourneau University are: Office and Administrative Support, with 65 employees, Management, with 46 employees, and Service with 39 employees.

Finances

Endowment

$20.3M

2017 Endowment

1.72%

growth from 2016

LeTourneau University has an endowment valued at about $20.3M, as of the end of the 2017 fiscal year. The endowment of LeTourneau University grew 1.72% from the previous year. The value of their endowment was $12.8M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $347k - Federal

  2. $1.98M - State

  3. $0 - Local

As of 2017, LeTourneau University received $347k in grants and contracts from the federal government, $1.98M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$22M

2017 Salaries

5.14%

decline from 2016

In 2017, LeTourneau University paid a median of $22M in salaries, which represents 43% of their overall expenditure ($51.2M) and a 5.14% decline from the previous year. This is compared to a 2.63% growth from 2015 and a 3.7% growth from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

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Instructional Salaries

$6.77M

Instructional Salaries

106

Number of Employees

In 2017, LeTourneau University paid a total of $6.77M to 106 employees working as instructors, which represents 30.8% of all salaries paid.

This is compared to a median of $8.02M (34.2%) for similar Masters Colleges & Universities: Medium Programs.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

31 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

65 Employees

In 2017, the most common positions for instructional staff at LeTourneau University were Assistant professor with 31 employees; Professor with 26 employees; and Professor with 22 employees.

In 2017, the most common positions for non-instructional staff at LeTourneau University were Office and Administrative Support with 65 employees; Management with 46 employees; and Service with 39 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Assistant professor

  3. Male Associate professor

In 2017, the most common demographic for instructional staff at LeTourneau University was Male Professor with 22 employees, Male Assistant professor with 22 employees, and Male Associate professor with 17 employees.

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

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