FourYearCost

Luther College

Decorah, IAPrivate nonprofitRank 193 of 1,732Traditional rank 128 of 1,156

Avg freshman grant · 2022-23
$38,042
400 recipients
Avg grant, later years · 2022-23
$33,335
1,188 recipients
The drop
$4,707
12.4% of the freshman average

Freshman grant vs later years

Freshman year$38,042Later years$33,335

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$16,937
$30–48k$17,977
$48–75k$22,180
$75–110k$25,995
$110k+$31,047

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$48,160
Tuition and fees (in-state), 2023-24$50,320
Change$2,160 (+4.5%)
On-campus room and board, 2023-24$11,180

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$42,2902018-19$44,0702019-20$45,6102020-21$46,7602021-22$48,1602022-23$50,3202023-24

Published tuition and required fees, +19.0% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$25,9292020-21$25,7342021-22$24,7902022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years75%
Full-time freshman retention (return for year 2)79%
Freshmen receiving Pell Grants21%
Freshmen taking federal loans60%
Average federal loan (freshmen who borrow)$5,201
Aid drop one year earlier (2021-22)−$846

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all IA colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Cornell College$38,486$1,105
Wartburg College$38,519$607
Simpson College$35,240$1,685
Buena Vista University$34,333$15,679
Coe College$43,772$3,196

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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