Louisiana Tech has earned recognition from the Louisiana Board of Regents for its graduation rate and retention rate. According to a report of the Louisiana Board of Regents published in December 2011, Louisiana Tech has the second-highest graduation rate among the fourteen public universities in the state of Louisiana. The 53.3% 6-year graduation rate is the highest in the University of Louisiana System. Louisiana Tech has a 78.64% retention rate among incoming freshmen who stay with the same school after the first year, the top rate in the University of Louisiana System. The average time-to-degree ratio for Tech's graduates is 4.7 years, the fastest in the UL System.