LBU has both an on-campus program and a distance education program which primarily teaches subjects pertaining to the Bible and Baptist theology. Classes are grouped in five areas: School of Biblical Studies, School of Communications, School of Counseling, School of Christian Education, and Theological Seminary. Distance education courses are offered by mail and via web-based delivery.
In 1999, LBU was granted licensure under the religious institution exemption provided for by Act 129 of 1991 by the Louisiana Board of Regents , and still operates under such today.
Louisiana Baptist University has claimed that on February 1, 1994 it became the first non-traditional postsecondary institution in the state of Louisiana to receive full licensure by the Louisiana Board of Regents.
Louisiana Baptist University started offering degree programs in business administration in 1998, which it claimed did not require approval from the Louisiana Board of Regents. On December 10, 1998, the Board of Regents unanimously voted to deny the University an operating license for its business education programs, required it to cease admitting students, and cease advertising. Students matriculated at the time were allowed until December 31, 1999 to finish their degrees. Then, reversing its prior decision, on April 22, 1999, the Board voted to accept the recommendation of the Planning, Research and Performance Committee to exempt Louisiana Baptist University under the religious institution exemption provided for by Act 129 of 1991, allowing it to operate as a religious institution.
LBU will accept a limited amount of three types of non-traditional credit: experiential learning credits, military experience credits, and credit by examination. Also by purchasing and reading a book by Chuck Missler and writing a short paper, one can receive college credit from Louisiana Baptist University. Assist News quoted Missler as explaining that LBU "has offered course credits for those that do a 'reflective paper' on what they got out of it". In addition to the three semester hours credit, people "also get a certificate for it." According to Missler's website, the university allows students to transfer "credits" from Missler's Koinonia Institute for "up to half of the credit hour requirements for a graduate degree" at Louisiana Baptist University.