Iowa students paid $42,290 to attend the four-year private not-for-profit institution this year – $1,270 more than the $41,020 charged for 2017-18.
Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 516 students received grants or scholarships totaling $15.1 million and 335 students took out student loans totaling more than $2.9 million.
Including all undergraduates (2,005), 2,001 students used grants or scholarships totaling $56.1 million, and 1,331 students took out $9.9 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~541 | $39,190 | $40,040 | $41,020 | $42,290 | 7.9% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Luther College in 2015-16.| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 116 | 22% | $714,916 | $6,163 |
| State / local grant or scholarship | 58 | 11% | $344,917 | $5,947 |
| Institutional grants or scholarships | 516 | 100% | $14,088,450 | $27,303 |
| Grant or scholarship aid total | 516 | 100% | $15,148,283 | $29,357 |
| Federal student loans | 332 | 64% | $2,300,304 | $6,929 |
| Other student loans | 51 | 10% | $643,811 | $12,624 |
| Student loan aid | 335 | 65% | $2,944,115 | $8,788 |
| Total student aid | 516 | 100% | - | - |
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