Luther College

www.luther.edu

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2022 Undergraduate Tuition

$47,510

2.99% growth from 2021

2022 Average Net Price

$25,734

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

75.3%

2,188 Applicants

2022 Enrolled Students

1,610

98.9% Full-Time

2022 Graduation Rate

74.2%

386 Graduates

About

Luther College is a higher education institution located in Winneshiek County, IA. In 2022, the most popular Bachelors Degree concentrations at Luther College were Registered Nursing (40 degrees awarded), General Biological Sciences (36 degrees), and Other Research & Experimental Psychology (30 degrees).

In 2022, 499 degrees were awarded across all undergraduate and graduate programs at Luther College. 64.1% of these degrees were awarded to women, and 35.9% awarded men. The most common race/ethnicity group of degree recipients was white (386 degrees), 13.8 times more than then the next closest race/ethnicity group, hispanic or latino (28 degrees).

The median undergraduate tuition at Luther College is $47,510, which is $19,180 more than the national average for Baccalaureate Colleges ($28,330).

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 2022, the median undergraduate tuition at Luther College is $47,510, which is $19,180 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $25,734.

In 2022, 98% of undergraduate students attending Luther College received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

Tuition Costs

$47,510

2022 Undergraduate Tuition

In 2022, the cost of tuition at Luther College was $47,510. The cost of tuition at Luther College is $19,180 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$25,734

2022 Value

0.752%

1 Year Growth

In 2022 Luther College had an average net price — the price paid after factoring in grants and loans — of $25,734. Between 2021 and 2022, the average net price of Luther College grew by 0.752%.

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

$10,360

Room and Board

$1,040

Books and Supplies

The average yearly cost of room and board at Luther College was of $10,360 in 2022. The cost of room and board increased by 2.47% between 2021 and 2022.

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

98%

Undergraduates Receiving Financial Aid through Grants

65%

Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Luther College received financial aid through grants or loans in 2022. This represents a decline of 1.01% with respect to 2021, when 99% 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 2,188 undergraduate applications in 2022, which represents a 12.3% annual growth. Out of those 2,188 applicants, 1,648 students were accepted for enrollment, representing a 75.3% acceptance rate.

There were 1,610 students enrolled at Luther College in 2022. 8% of first-time enrollees submitted SAT scores with their applications.

Luther College has an overall enrollment yield of 24.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.3%

Acceptance Rate in 2022

1,648

Accepted Out of 2,188

In 2022, the undergraduate acceptance rate of Luther College was 75.3% (1,648 admissions from 2,188 applications). This is lower than the acceptance rate of 2021, which was 76.1%. Between 2021 and 2022, the number of applicants declined by 12.3%, while admissions declined by 13.2%.

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

Submission Percentage (2022)

Scores Submitted (2022)

8% of enrolled first-time students at Luther College in 2022 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 1,610 students in 2022. The full-time enrollment at Luther College is 1,593 students and the part-time enrollment is 17. This means that 98.9% of students enrolled at Luther College are enrolled full-time.

The enrolled student population at Luther College, both undergraduate and graduate, is 74.9% White, 6.58% Hispanic or Latino, 2.92% Black or African American, 1.74% Asian, 0.87% Two or More Races, 0.559% American Indian or Alaska Native, and 0.435% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Luther College in full-time Undergraduate programs are most commonly White Female (45.1%), followed by White Male (29.9%) and Hispanic or Latino Male (4.08%).

Full-Time vs Part-Time Enrollment

98.9%

Full-Time Enrollment

The total enrollment at Luther College in 2022, both undergraduate and graduate, is 1,610 students. The full-time enrollment at Luther College is 1,593 and the part-time enrollment is 17. This means that 98.9% of students enrolled at Luther College are enrolled full-time compared with 79.6% 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

81%

2022 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 81%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), 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 (2022)

White
1,206 enrolled students
Hispanic or Latino
106 enrolled students
Black or African American
47 enrolled students

The enrolled student population at Luther College is 74.9% White, 6.58% Hispanic or Latino, 2.92% Black or African American, 1.74% Asian, 0.87% Two or More Races, 0.559% American Indian or Alaska Native, and 0.435% 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 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 15 students (0.932%) did not report their race.

Graduates

In 2022, 141 more women than men received degrees from Luther College. The most common race/ethnicity group of degree recipients at Luther College is white (386 degrees awarded). There were 13.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (28 degrees).

The most common Bachelor's Degree concentration at Luther College is Registered Nursing (40 degrees awarded), followed by General Biological Sciences (36 degrees) and Other Research & Experimental Psychology (30 degrees).

In 2022, 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 Language & Linguistics (23 degrees awarded), Visual & Performing Arts (74 degrees), and English (24 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 (272,510 people), Postsecondary teachers (252,314 people), Other managers (247,404 people), Lawyers, & judges, magistrates, & other judicial workers (212,560 people), and Secondary school teachers (198,202 people).

The most specialized majors at Luther College in 2022 are Language & Linguistics (23 degrees awarded), Visual & Performing Arts (74 degrees), English (24 degrees), History (12 degrees), and Physical Sciences (16 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

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 Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Luther College are Language & Linguistics (23 degrees awarded), Visual & Performing Arts (74 degrees), English (24 degrees), History (12 degrees), and Physical Sciences (16 degrees) (as of 2022).

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 (648,290 people), Colleges, universities & professional schools, including junior colleges (494,620 people), Computer Systems Design (220,439 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (189,572 people), and Legal services (179,824 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 (2022)

Registered Nursing
40 degrees awarded
General Biological Sciences
36 degrees awarded
Other Research & Experimental Psychology
30 degrees awarded

In 2022, the most common bachelors degree concentration at Luther College was Registered Nursing with 40 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

179

Degrees Awarded to Men

in 2022

320

Degrees Awarded to Women

in 2022

In 2022, 179 degrees were awarded to men at Luther College, which is 0.559 times less than the number of degrees awarded to females (320).

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

Most Common Male Majors

In 2022, 20 degrees were awarded to men at Luther College in General Business Administration & Management, which is 2 times more than the 10 female recipients with that same degree.

Most Common Female Majors

In 2022, 37 degrees were awarded to men at Luther College in Registered Nursing, which is 12.3 times more than the 3 male recipients with that same degree.

Time to Complete

69%

100% Completion Time

77%

150% Completion Time

In 2022, 69% of students graduating from Luther College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 77% 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Luther College is Male and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 3.11% of graduates (12 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
386 degrees awarded
Hispanic or Latino
28 degrees awarded
Two or More Races
14 degrees awarded

The most common race/ethnicity at Luther College is white (386 degrees awarded). There were 13.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (28 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
256 degrees awarded
White Male
130 degrees awarded
Hispanic or Latino Female
18 degrees awarded

The most common race/ethnicity and sex grouping at Luther College is white female (256 degrees awarded). There were 1.97 times more white female recipients than the next closest race/ethnicity group, white male (130 degrees).

Operations

Luther College has an endowment valued at nearly $196M, as of the end of the 2022 fiscal year. The return on its endowment was of −2.72M (−1.39%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Luther College had a total salary expenditure of 67.7M. Luther College employs 53 Professors, 50 Associate professors and 23 Assistant professors. Most academics at Luther College are Male Professor (37), Female Associate professor (27), and Male Associate professor (23).

The most common positions for non-instructional staff at Luther College are: Office and Administrative Support, with 41 employees, Service, with 32 employees, and Management with 28 employees.

Endowment

$196M

2022 Endowment

3.94%

decline from 2021

Luther College has an endowment valued at about $196M, as of the end of the 2022 fiscal year. The endowment of Luther College declined 3.94% from the previous year. The value of their endowment was $147M 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

$25M

2022 Salaries

4.23%

decline from 2021

In 2022, Luther College paid a median of $25M in salaries, which represents 36.9% of their overall expenditure ($67.7M) and a 4.23% decline from the previous year. This is compared to a 5.22% decline between 2020 and 2021, and a 1.93% decline between 2019 and 2020.

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

Instructional Salaries

$9.42M

Instructional Salaries

133

Number of Employees

In 2022, Luther College paid a total of $9.42M to 133 employees working as instructors, which represents 37.7% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

53 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

41 Employees

In 2022, the most common positions for instructional staff at Luther College were Professor with 53 employees, Associate professor with 50 employees, and Assistant professor with 23 employees.

In 2022, the most common positions for non-instructional staff at Luther College were Office and Administrative Support with 41 employees, Service with 32 employees, and Management with 28 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Associate professor
Male Associate professor

In 2022, the most common demographic for instructional staff at Luther College was Male Professor with 37 employees, Female Associate professor with 27 employees, and Male Associate professor with 23 employees.

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

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