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Luther College

Average Grant & Scholarships

In 2022, 100 of freshman students at Luther College received on average $34,281 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$34,281
Students Receiving Aid Average Amount Total Amount
Pell Grant 100 22% $4,162 $416,229
Other Federal Grant 416 92% $2,071 $861,692
State Grant/Scholarships 62 14% $5,345 $331,365
Institutional Grant/Scholarships 452 100% $31,642 $14,302,046
Total Grant & Scholarships 452 100% $34,281 $15,495,103

Average Student Loans

In 2022, 69% of freshman students at Luther College received $5,292 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,292
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 314 69% $5,292 $1,661,738
Private Loans 59 13% $13,652 $805,444
Total Loans 315 70% $7,832 $2,467,182

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$19,871
Average aid amount
2022

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