Cost of college went up for all students at Luther College


Tuition and fees rose 2.4 percent for 2017-18 at Luther College, according to the latest disclosure from the U.S. Department of Education.

Iowa students paid $41,020 to attend the four-year private not-for-profit institution this year $980 more than the $40,040 charged for 2016-17.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 623 students received grants or scholarships totaling $16.05 million and 410 students took out student loans totaling more than $3.47 million.

Including all undergraduates, 2,282 students used grants or scholarships totaling $57.08 million. Another 1,550 took out $10.94 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~499
$38,370
$39,190
$40,040
$41,020
6.9%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the 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
121
19%
$678,128
$5,604
State / local grant or scholarship
76
12%
$405,840
$5,340
Institutional grants or scholarships
623
100%
$14,965,044
$24,021
Grant or scholarship aid total
623
100%
$16,049,012
$25,761
Federal student loans
406
65%
$2,705,220
$6,663
Other student loans
73
12%
$768,331
$10,525
Student loan aid
410
66%
$3,473,551
$8,472
Total student aid
623
100%

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