For the 2022-23 academic year, in-state tuition at Louisiana State University and Agricultural & Mechanical College did not change, as indicated by the latest figures, according to the latest disclosure from the National Center for Education Statistics.
Louisiana residents paid $11,954 to attend the public four-year university this year, a slight decrease of $4 from the $11,958 charged during the 2021-22 academic year.
Non-resident students paid 139.5% more than in-state students in 2022-23, amounting to $28,631. This reflects a $4 reduction from the $28,635 tuition fee for non-residents in the previous academic year.
Approximately 65% of the undergraduate student body at the university are Louisiana residents, while about 34% come from other states and 1% are international students.
Data reveals that 93% of full-time undergraduates who enrolled in 2022-23 received some form of student financial aid. In total, 6,500 students were awarded grants or scholarships amounting to $87.8 million, and 2,851 students obtained student loans exceeding $23.6 million.
Across the entire undergraduate population, 22,724 students benefited from grants or scholarships totaling $293.5 million. Additionally, 9,150 students took out federal student loans totaling $58.6 million.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 2,418 | 33% | $13.8 million | $5,701 |
| State / local grant or scholarship | 4,502 | 61% | $32.3 million | $7,181 |
| Institutional grants or scholarships | 5,506 | 75% | $41.7 million | $7,573 |
| Grant or scholarship aid total | 6,500 | 88% | $87.8 million | $13,509 |
| Federal student loans | 2,706 | 37% | $15.1 million | $5,569 |
| Other student loans | 413 | 6% | $8.5 million | $20,637 |
| Student loan aid | 2,851 | 39% | $23.6 million | $8,275 |
| Total student aid | 6,876 | 93% | $111.4 million | $16,201 |
