Luther College

www.luther.edu

Add Comparison

2023 Undergraduate Tuition

$49,650

4.5% growth from 2022

2023 Average Net Price

$24,790

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

73.3%

2,447 Applicants

2023 Enrolled Students

1,463

98.6% Full-Time

2023 Graduation Rate

75%

387 Graduates

About

Luther College is a higher education institution located in Winneshiek County, IA. 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 2023, 442 degrees were awarded across all undergraduate and graduate programs at Luther College. 55% of these degrees were awarded to women, and 45% awarded men. The most common race/ethnicity group of degree recipients was white (348 degrees), 15.8 times more than then the next closest race/ethnicity group, hispanic or latino (22 degrees).

The median undergraduate tuition at Luther College is $49,650, which is $20,370 more than the national average for Baccalaureate Colleges ($29,280).

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

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Luther College is $49,650, which is $20,370 more than the national average for Baccalaureate Colleges ($29,280).

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.

Tuition Costs

$49,650

2023 Undergraduate Tuition

In 2023, the cost of tuition at Luther College was $49,650. The cost of tuition at Luther College is $20,370 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Luther College (in red) with those of other similar universities.

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.

Other Student Expenses

$10,670

Room and Board

$1,040

Books and Supplies

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.

During the same period, the average yearly cost of books and supplies was $1,040. The cost of books and supplies did not change during the same period.

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

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.

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.

2020 Default Rate

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.

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 1,463 students enrolled at Luther College in 2023. 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.

SAT Scores

11%

Submission Percentage (2023)

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.

Enrollment

Luther College had a total enrollment of 1,463 students in 2023. The full-time enrollment at Luther College is 1,442 students and the part-time enrollment is 21. This means that 98.6% of students enrolled at Luther College are enrolled full-time.

The enrolled student population at Luther College, both undergraduate and graduate, is 73.4% White, 6.49% Hispanic or Latino, 3.55% Black or African American, 1.57% Asian, 0.615% American Indian or Alaska Native, 0.41% Two or More Races, and 0.342% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Luther College in full-time Undergraduate programs are most commonly White Female (44.4%), followed by White Male (29.8%) and Hispanic or Latino Male (4.15%).

Full-Time vs Part-Time Enrollment

98.6%

Full-Time Enrollment

The total enrollment at Luther College in 2023, both undergraduate and graduate, is 1,463 students. The full-time enrollment at Luther College is 1,442 and the part-time enrollment is 21. This means that 98.6% of students enrolled at Luther College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Luther College (in red) compares to similar universities.

Retention Rate over Time

79%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Luther College was 79%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Luther College had a retention rate higher than its peers.

This chart shows the retention rate over time at Luther College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,074 enrolled students
Hispanic or Latino
95 enrolled students
Black or African American
52 enrolled students

The enrolled student population at Luther College is 73.4% White, 6.49% Hispanic or Latino, 3.55% Black or African American, 1.57% Asian, 0.615% American Indian or Alaska Native, 0.41% Two or More Races, and 0.342% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 14 students (0.957%) did not report their race.

Graduates

In 2023, 44 more 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

Elementary & middle school teachers

Most Common Job

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).

Highest Paying Jobs by Major

Surgeons

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).

Common Industries by Major

Elementary & secondary schools

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).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Luther College.

Most Common (2023)

General Biological Sciences
37 degrees awarded
Registered Nursing
31 degrees awarded
General Business Administration & Management
31 degrees awarded

In 2023, the most common bachelors degree concentration at Luther College was General Biological Sciences with 37 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Luther College according to their major.

Sex Breakdown for Common Majors

199

Degrees Awarded to Men

in 2023

243

Degrees Awarded to Women

in 2023

In 2023, 199 degrees were awarded to men at Luther College, which is 0.819 times less than the number of degrees awarded to females (243).

This chart displays the sex disparity between the top 5 majors at Luther College by degrees awarded.

Most Common Male Majors

In 2023, 19 degrees were awarded to men at Luther College in General Business Administration & Management, which is 1.58 times more than the 12 female recipients with that same degree.

Most Common Female Majors

In 2023, 25 degrees were awarded to men at Luther College in Registered Nursing, which is 4.17 times more than the 6 male recipients with that same degree.

Time to Complete

66%

100% Completion Time

73%

150% Completion Time

In 2023, 66% of students graduating from Luther College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 73% completed their degrees within 150% of the normal time, and 73% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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 Baccalaureate Colleges, 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
348 degrees awarded
Hispanic or Latino
22 degrees awarded
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.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
197 degrees awarded
White Male
151 degrees awarded
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).

Operations

Luther College has an endowment valued at nearly $193M, as of the end of the 2023 fiscal year. The return on its endowment was of 5.48M (2.84%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Luther College had a total salary expenditure of 69.4M. Luther College employs 58 Professors, 50 Associate professors and 23 Assistant professors. Most academics at Luther College are Male Professor (38), Female Associate professor (26), and Male Associate professor (24).

The most common positions for non-instructional staff at Luther College are: Office and Administrative Support, with 35 employees, Business and Financial Operations, with 30 employees, and Service with 30 employees.

Endowment

$193M

2023 Endowment

1.68%

decline from 2022

Luther College has an endowment valued at about $193M, as of the end of the 2023 fiscal year. The endowment of Luther College declined 1.68% from the previous year. The value of their endowment was $141M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Luther College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$25.4M

2023 Salaries

1.88%

growth from 2022

In 2023, Luther College paid a median of $25.4M in salaries, which represents 36.7% of their overall expenditure ($69.4M) and 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.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$10.1M

Instructional Salaries

137

Number of Employees

In 2023, Luther College paid a total of $10.1M to 137 employees working as instructors, which represents 39.5% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

58 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

35 Employees

In 2023, the most common positions for instructional staff at Luther College were Professor with 58 employees, Associate professor with 50 employees, and Assistant professor with 23 employees.

In 2023, the most common positions for non-instructional staff at Luther College were Office and Administrative Support with 35 employees, Business and Financial Operations with 30 employees, and Service with 30 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Associate professor
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.

Keep Exploring

Carthage College

University

Concordia College at Moorhead

University

Saint Anselm College

University

Montana Technological University

University

The King's College

University