Luther College

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2019 Undergraduate Tuition
$43,500
3.69% growth from 2018
2019 Average Net Price
$23,805
After Financial Aid
2017 Student Loan
2.28%
Default Rate
2019 Acceptance Rate
62.3%
4,108 Applicants
2019 Enrolled Students
1,951
98.9% Full-Time
2018 Graduation Rate
79.3%
511 Graduates

About

Luther College is a higher education institution located in Winneshiek County, IA. In 2016, the most popular Bachelor's Degree concentrations at Luther College were General Business Administration & Management (60 degrees awarded), General Biological Sciences (50 degrees), and General Music (50 degrees).

In 2019, 591 degrees were awarded across all undergraduate and graduate programs at Luther College. 53.1% of these degrees were awarded to women, and 46.9% awarded men. The most common race/ethnicity group of degree recipients was white (497 degrees), 33.1 times more than then the next closest race/ethnicity group, hispanic or latino (15 degrees).

The median undergraduate tuition at Luther College is $43,500, which is $16,220 more than the national average for Baccalaureate Colleges ($27,280).

Costs

The median undergraduate tuition at Luther College is $43,500, which is $16,220 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $23,805.

In 2019, 98% of undergraduate students received federal grants, while 64% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$43,500
2019 Undergraduate Tuition

In 2019, the cost of tuition at Luther College was $43,500. The cost of tuition at Luther College is $16,220 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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Average Net Price

$23,805
2019 Value
3.58%
1 Year Growth

In 2019 Luther College had an average net price — the price paid after factoring in grants and loans — of $23,805. Between 2018 and 2019, the average net price of Luther College grew by 3.58%.

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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

$9,460
Room and Board
$1,040
Books and Supplies

The average yearly cost of room and board at Luther College was of $9,460 in 2019. During the same period, the average yearly cost of books and supplies was $1,040. The cost of room and board increased by 5.46% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

98%
Of Undergraduates Receive Grants
64%
Of Undergraduates Receive Federal Loans

98% of undergraduate students at Luther College received grants or loans in 2019. This represents a growth of 1.03% with respect to 2018, when 97% 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.
2.28%
2017 Default Rate
13
Number of Defaults

In 2017 the default rate for borrower's at Luther College was 2.28%, which represents 13 out of the 571 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 4,108 undergraduate applications in 2019, which represents a 7.1% annual decline. Out of those 4,108 applicants, 2,558 students were accepted for enrollment, representing a 62.3% acceptance rate.

There were 1,951 students enrolled at Luther College in 2019, and 19% of first-time enrollees submitted SAT scores with their applications.

Luther College has an overall enrollment yield of 20.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.3%
Acceptance Rate in 2019
2,558
Accepted Out of 4,108

In 2019, the undergraduate acceptance rate of Luther College was 62.3% (2,558 admissions from 4,108 applications). This is lower than the acceptance rate of 2018, which was 62.6%. Between 2018 and 2019, the number of applicants declined by -7.1%, while admissions declined by -7.55%.

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SAT Scores

19%
Submission Percentage
99
Scores Submitted

19% of enrolled first-time students at Luther College in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Luther College has a total enrollment of 1,951 students. The full-time enrollment at Luther College is 1,930 students and the part-time enrollment is 21. 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 77.7% White, 5.64% Hispanic or Latino, 2.26% Black or African American, 2.2% Two or More Races, 2.05% Asian, 0.41% Native Hawaiian or Other Pacific Islanders, and 0.256% American Indian or Alaska Native.

Students enrolled at Luther College in full-time Undergraduate programs are most commonly White Female (47.2%), followed by White Male (30.7%) and Hispanic or Latino Female (2.9%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.9%
Full-Time Enrollment

The total enrollment at Luther College, both undergraduate and graduate, is 1,951 students. The full-time enrollment at Luther College is 1,930 and the part-time enrollment is 21. This means that 98.9% of students enrolled at Luther College are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

84%
2019 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 84%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,516
  2. Hispanic or Latino
    110
  3. Black or African American
    44

The enrolled student population at Luther College is 77.7% White, 5.64% Hispanic or Latino, 2.26% Black or African American, 2.2% Two or More Races, 2.05% Asian, 0.41% Native Hawaiian or Other Pacific Islanders, and 0.256% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55% White, 14% Black or African American, and 13.1% Hispanic or Latino.

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, 7 students (0.359%) did not report their race.

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Graduates

In 2019, 37 more women than men received degrees from Luther College. The most common race/ethnicity group of degree recipients at Luther College is white (497 degrees awarded). There were 33.1 times more white graduates than the next closest race/ethnicity group, hispanic or latino (15 degrees).

The most common Bachelor's Degree concentration at Luther College is General Business Administration & Management (60 degrees awarded), followed by General Biological Sciences (50 degrees) and General Music (50 degrees).

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 (30 degrees awarded), Philosophy and Religious Studies (11 degrees), and Visual & Performing Arts (68 degrees).

Workforce

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 (165,636 people), Other managers (164,003 people), Lawyers, & judges, magistrates, & other judicial workers (153,958 people), Postsecondary teachers (143,148 people), and Secondary school teachers (127,350 people).

The most specialized majors at Luther College are Language & Linguistics (30 degrees awarded), Philosophy and Religious Studies (11 degrees), Visual & Performing Arts (68 degrees), History (14 degrees), and Natural Resources & Conservation (12 degrees).

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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, Securities, commodities, & financial services sales agents, Agents & business managers of artists, performers, & athletes, Dentists, and Physicians

The most specialized majors at Luther College are Language & Linguistics (30 degrees awarded), Philosophy and Religious Studies (11 degrees), Visual & Performing Arts (68 degrees), History (14 degrees), and Natural Resources & Conservation (12 degrees).

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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 (409,012 people), Colleges, universities & professional schools, including junior colleges (280,558 people), Legal services (124,100 people), Computer Systems Design (120,985 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (96,725 people).

The most specialized majors at Luther College are Language & Linguistics (30 degrees awarded), Philosophy and Religious Studies (11 degrees), Visual & Performing Arts (68 degrees), History (14 degrees), and Natural Resources & Conservation (12 degrees).

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Degrees

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
  1. 60 degree-majorss awarded
  2. 50 degree-majorss awarded
  3. 50 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Luther College was General Business Administration & Management with 60 degrees awarded.

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

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Gender Breakdown for Common Majors

277
Degrees Awarded to Men
in 2019
314
Degrees Awarded to Women
in 2019

In 2019, 277 degrees were awarded to men at Luther College, which is 0.882 times less than the number of degrees awarded to females (314).

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

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Most Common Male Majors

In 2019, 43 degrees were awarded to men at Luther College in General Business Administration & Management, which is 2.53 times more than the 17 female recipients with that same degree.

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Most Common Female Majors

In 2019, 34 degrees were awarded to women at Luther College in General Biological Sciences, which is 2.13 times more than the 16 male recipients with that same degree.

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Time to Complete

71%
100% Completion Time
80%
150% Completion Time

In 2019, 71% of students graduating from Luther College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 80% completed their degrees within 150% of the normal time, and 81% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Luther College is Female and Black or African American (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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
  1. White
    497 degrees awarded
  2. Hispanic or Latino
    15 degrees awarded
  3. Black or African American
    12 degrees awarded

The most common race/ethnicity at Luther College is white (497 degrees awarded). There were 33.1 times more white recipients than the next closest race/ethnicity group, hispanic or latino (15 degrees).

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

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    283 degrees awarded
  2. White Male
    214 degrees awarded
  3. Hispanic or Latino Male
    11 degrees awarded

The most common race/ethnicity and gender grouping at Luther College is white female (283 degrees awarded). There were 1.32 times more white female recipients than the next closest race/ethnicity group, white male (214 degrees).

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Operations

Luther College has an endowment valued at nearly $163M, as of the end of the 2019 fiscal year. The return on its endowment was of $2.79M (1.71%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Luther College had a total salary expenditure of $74.5M. Luther College employs 62 Professors, 58 Associate professors, and 21 Instructors. Most academics at Luther College are Male Professors (40), Female Associate professors(33), and Male Associate professors (25).

The most common positions for non-instructional staff at Luther College are: Service, with 44 employees, Office and Administrative Support, with 44 employees, and Management with 33 employees.

Finances

Endowment

$163M
2019 Endowment
2.45%
decline from 2018

Luther College has an endowment valued at about $163M, as of the end of the 2019 fiscal year. The endowment of Luther College declined 2.45% from the previous year. The value of their endowment was $123M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $1.26M - Federal
  2. $0 - State
  3. $0 - Local

As of 2019, Luther College received $1.26M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$28.1M
2019 Salaries
2.69%
decline from 2018

In 2019, Luther College paid a median of $28.1M in salaries, which represents 37.7% of their overall expenditure ($74.5M) and a 2.69% decline from the previous year. This is compared to a 3.21% decline from 2017 and a 0.061% decline from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

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Instructional Salaries

$11.1M
Instructional Salaries
161
Number of Employees

In 2019, Luther College paid a total of $11.1M to 161 employees working as instructors, which represents 39.5% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
62 Employees
Service
Most Common Non-Instructional Employee
44 Employees

In 2019, the most common positions for instructional staff at Luther College were Professor with 62 employees; Associate professor with 58 employees; and Associate professor with 21 employees.

In 2019, the most common positions for non-instructional staff at Luther College were Service with 44 employees; Office and Administrative Support with 44 employees; and Management with 33 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Luther College was Male Professor with 40 employees, Female Associate professor with 33 employees, and Male Associate professor with 25 employees.

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

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