Luther College

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2023 Average Net Price
$24,790
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
73.3%
2,447 Applicants
2023 Graduation Rate
75%
387 Graduates

About

Luther College is a higher education institution located in N/A. In 2023, the most popular Bachelors Degree concentrations at Luther College were General Biological Sciences (37 degrees awarded), Registered Nursing (31 degrees), and General Business Administration & Management (31 degrees).

In 2020 the default rate for borrower's at Luther College was 0%, corresponding to 0 out of the 492 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $24,790.

In 2023, 99% of undergraduate students attending Luther College received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Average Net Price

$24,790
2023 Value
3.67%
1 Year Growth

In 2023 Luther College had an average net price — the price paid after factoring in grants and loans — of $24,790. Between 2022 and 2023, the average net price of Luther College grew by 3.67%.

This chart compares the average net price of Luther College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$10,670
Room and Board

The average yearly cost of room and board at Luther College was of $10,670 in 2023. The cost of room and board increased by 2.99% between 2022 and 2023.

This chart compares the average student costs at Luther College (in red) with that of similar universities.

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Financial Aid by Income Level

99%
Undergraduates Receiving Financial Aid through Grants
60%
Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Luther College received financial aid through grants or loans in 2023. This represents a growth of 1.02% with respect to 2022, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Luther College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Luther College was 0%, which represents 0 out of the 492 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Luther College received 2,447 undergraduate applications in 2023, which represents a 11.8% annual growth. Out of those 2,447 applicants, 1,793 students were accepted for enrollment, representing a 73.3% acceptance rate.

There were N/A students enrolled at Luther College in N/A. 11% of first-time enrollees submitted SAT scores with their applications.

Luther College has an overall enrollment yield of 19.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.3%
Acceptance Rate in 2023
1,793
Accepted Out of 2,447

In 2023, the undergraduate acceptance rate of Luther College was 73.3% (1,793 admissions from 2,447 applications). This is lower than the acceptance rate of 2022, which was 75.3%. Between 2022 and 2023, the number of applicants grew by 11.8%, while admissions grew by 8.8%.

This chart compares the acceptance rate of Luther College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

11%
Submission Percentage (2023)
40
Scores Submitted (2023)

11% of enrolled first-time students at Luther College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Graduates

In N/A, N/A N/A women than men received degrees from Luther College. The most common race/ethnicity group of degree recipients at Luther College is white (348 degrees awarded). There were 15.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (22 degrees).

The most common Bachelor's Degree concentration at Luther College is General Biological Sciences (37 degrees awarded), followed by Registered Nursing (31 degrees) and General Business Administration & Management (31 degrees).

In 2023,  the most specialized majors across all degree types at Luther College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are English (22 degrees awarded), Language & Linguistics (13 degrees), and Visual & Performing Arts (61 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Luther College are Elementary & middle school teachers (207,934 people), Other managers (195,721 people), Postsecondary teachers (174,668 people), Secondary school teachers (154,938 people), and Lawyers, & judges, magistrates, & other judicial workers (142,480 people).

The most specialized majors at Luther College in 2023 are English (22 degrees awarded), Language & Linguistics (13 degrees), Visual & Performing Arts (61 degrees), Natural Resources & Conservation (13 degrees), and Philosophy and Religious Studies (7 degrees) (as of 2023).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Luther College are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Luther College are English (22 degrees awarded), Language & Linguistics (13 degrees), Visual & Performing Arts (61 degrees), Natural Resources & Conservation (13 degrees), and Philosophy and Religious Studies (7 degrees) (as of 2023).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Luther College are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Luther College are English (22 degrees awarded), Language & Linguistics (13 degrees), Visual & Performing Arts (61 degrees), Natural Resources & Conservation (13 degrees), and Philosophy and Religious Studies (7 degrees) (as of 2023).

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Luther College is Female and Asian (100% graduation rate). Across all N/A, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    348 degrees awarded
  2. Hispanic or Latino
    22 degrees awarded
  3. Asian
    10 degrees awarded

The most common race/ethnicity at Luther College is white (348 degrees awarded). There were 15.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (22 degrees).

1.13% of degree recipients (5 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    197 degrees awarded
  2. White Male
    151 degrees awarded
  3. Hispanic or Latino Female
    12 degrees awarded

The most common race/ethnicity and sex grouping at Luther College is white female (197 degrees awarded). There were 1.3 times more white female recipients than the next closest race/ethnicity group, white male (151 degrees).

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Operations

N/A N/A Most academics at Luther College are Male Professor (38), Female Associate professor (26), and Male Associate professor (24).

Salary Expenditure

$25.4M
2023 Salaries
1.88%
growth from 2022

In 2023, Luther College paid a median of $25.4M in salaries, a 1.88% growth from the previous year. This is compared to a 4.23% decline between 2021 and 2022, and a 5.22% decline between 2020 and 2021.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Professor
  2. Female Associate professor
  3. Male Associate professor

In 2023, the most common demographic for instructional staff at Luther College was Male Professor with 38 employees, Female Associate professor with 26 employees, and Male Associate professor with 24 employees.

This chart shows the sex split between each academic rank present at Luther College.

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