Luther College: Tuition & Loans

Overall Rating: Overall Ranking - GoodQuality: Education Quality Rating - OustandingSafety: Capmus Safety Rating - BadCosts: Tuition & Fees Cost Rating - Bad
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Tuition and fees per year
$36,200
Average tuition costs at Luther College are extremely high, $36,000 per academic year. The additional fees at Luther College not covered by tuition are about $200; which comes to $36,200 a year.

If you were considering a more affordable alternative in IA, see the Affordable Colleges in Iowa ranking. The chart below shows Luther College tuition costs and additional fees compared to the competing and nearby colleges:

Anunual Tuition and Fees in Luther College and Competing Colleges

Luther College Tuition Comparison Chart

Books and Supplies

The average cost of books and additional supplies required to study at Luther College is $1,050 a year; which is a good bargain if compared to other colleges in Iowa.

FAFSA Application

FAFSA Code
2015-2016
001874
If you wish to file your FAFSA application for Federal Student Aid, the postsecondary institution code for Luther College is 001874. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides money for college to eligible applicants. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate
1%
The government reported that the median federal student loan amount for Luther College is approximately $8,400.

At the same time, 1.30% of the recent Luther College graduates have failed to maintain their federal student loan repayments in 2012

This rate of loan repayment defaults (1.30%) is extremely low and might lead to a conclusion that Luther College graduates have excellent career perspectives.

Learn More About Luther College

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