University leads Louisiana with lowest average net price to attend

Published

The University of Louisiana at Lafayette leads the state as the university with the lowest average net price to attend among four-year public universities in the United States.

The 2012-2013 annual net price to attend UL Lafayette was $5,891, with 86 percent of the students receiving grants or scholarships, according to the recently released U.S. Department of Education’s College Affordability and Transparency List. The national average for net price of attendance at public, four-year institutions was $11,582.

Data used by the U.S. Department of Education was reported by institutions for full-time, beginning undergraduate students. The average net price was generated by subtracting the average amount of federal, state or local government, or institutional grants or scholarships from the total cost of attendance.

This is the fourth year the Department of Education has published the College Affordability and Transparency List, and the fourth consecutive year that the University has been cited for its affordability.

“The University continues to earn recognition for affordability, while continually setting high standards for our academic programs. We have always been concerned and focused on making sure that students in our community and state have access to higher education.  Students and parents can find value in knowing that University offers a high quality education at a cost that is very nationally competitive,” said Dr. DeWayne Bowie, vice president for Enrollment Management.

In a news release, Education Secretary Arne Duncan stated: “These lists support our efforts to make college more accessible and to help families make informed decisions on the single most important investment students can make in their own futures.”