| Screen last updated on: February 2024 |
The financial aid information below is valid for the 2023 academic year.
|
| Financial aid homepage: |
https://www.luther.edu/
admission-aid/
cost-financial-aid/
net-price-calculator |
|
| Undergraduate tuition: |
$49,650; $49,650 out-of-state |
| Additional required fees: |
$650 |
| Book fees: |
$1,040 |
| Miscellaneous expenses: |
$1,290 |
| Other expenses: |
Estimated expense of transportation for residents. |
| Combined room and board expenses: |
$11,180 |
|
| Required form |
Priority date |
Rolling? |
Closing date |
| FAFSA | N/A | no | N/A |
|
| Date award notification begins: |
December 1 |
| Applied for financial aid: |
 | |
| 98% | of first-year students |
| 94% | of full-time undergraduates |
|
| Determined to have financial need: |
| |
| 82% | of first-year students |
| 85% | of full-time undergraduates |
|
| Students determined to have financial need who received any financial aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
|
| Students receiving financial aid who received need-based self-help aid: |
| |
| 56% | of first-year students |
| 60% | of full-time undergraduates |
|
| Students receiving financial aid who received any non-need-based gift aid: |
| |
| 92% | of first-year students |
| 89% | of full-time undergraduates |
|
| Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans): |
| |
| 46% | of first-year students |
| 43% | of full-time undergraduates |
|
| Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans): |
| |
| 90% | for first-year students |
| 90% | for full-time undergraduates |
|
| Average financial aid package (excluding PLUS loans and private alternative loans): |
| |
| $43,251 | for first-year students |
| $42,386 | for full-time undergraduates |
|
| Average need-based gift award: |
| |
| $30,042 | for first-year students |
| $33,487 | for full-time undergraduates |
|
| Average need-based self-help award (excluding PLUS loans and private alternative loans): |
| |
| $4,692 | for first-year students |
| $5,429 | for full-time undergraduates |
|
| Average need-based loan (excluding PLUS loans and private alternative loans): |
| |
| $3,190 | for first-year students |
| $2,314 | for full-time undergraduates |
|
| Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| 19% | of first-year students |
| 14% | of full-time undergraduates |
|
| Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| $29,972 | for first-year students |
| $27,640 | for full-time undergraduates |
|
| School participates in Federal Work-Study Program: |
yes |
|
| Types of loans available: |
|
- Direct Subsidized Stafford Loans
- Direct Unsubsidized Stafford Loans
- Direct PLUS Loans
- FFEL PLUS Loans
|
|
| Need-based scholarships/grants available: |
|
- need-based (general)
- Federal Pell Grants
- SEOG
- state scholarships/grants
- college/university scholarships/grants (institutional funds)
- private scholarships/grants
|
|
| Non-need-based scholarships/grants available: |
|
- non-need-based (general)
- state scholarships/grants
- academic merit scholarships/grants
- creative arts/performance
- special characteristics
|
|
|
Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.
|
