| Screen last updated on: December 2016 |
The financial aid information below is valid for the 2015 academic year.
|
| Financial aid officer: |
Janice Cordell,
Director of Financial Aid |
| Contacting the office: |
563 387-1018
563 387-2241 (fax)
finaid@luther.edu |
| FAFSA number: |
001874 |
|
| Undergraduate tuition: |
$39,760; $39,760 out-of-state |
| Additional required fees: |
$280 |
| Book fees: |
$1,040 |
| Miscellaneous expenses: |
$3,015 |
| Other expenses: |
Transportation, miscellaneous. |
| Combined room and board expenses: |
$8,500 |
|
| Required form |
Priority date |
Rolling? |
Closing date |
| FAFSA | March 1 | yes | N/A |
| Institution's own financial aid form | March 1 | yes | N/A |
|
| Date award notification begins: |
March 15 |
| Applied for financial aid: |
 | |
| 86% | of first-year students |
| 81% | of full-time undergraduates |
| 36% | of part-time undergraduates |
|
| Determined to have financial need: |
| |
| 85% | of first-year students |
| 86% | of full-time undergraduates |
| 50% | of part-time undergraduates |
|
| Students determined to have financial need who received any financial aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Students determined to have financial need who received any need-based gift aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Students receiving financial aid who received need-based self-help aid: |
| |
| 76% | of first-year students |
| 81% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Students receiving financial aid who received any non-need-based gift aid: |
| |
| 22% | of first-year students |
| 17% | of full-time undergraduates |
| 0% | of part-time undergraduates |
|
| Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans): |
| |
| 37% | of first-year students |
| 30% | of full-time undergraduates |
| 50% | of part-time undergraduates |
|
| Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans): |
| |
| 89% | for first-year students |
| 87% | for full-time undergraduates |
| 60% | for part-time undergraduates |
|
| Average financial aid package (excluding PLUS loans and private alternative loans): |
| |
| $33,153 | for first-year students |
| $31,400 | for full-time undergraduates |
| $24,009 | for part-time undergraduates |
|
| Average need-based gift award: |
| |
| $24,313 | for first-year students |
| $23,800 | for full-time undergraduates |
| $11,697 | for part-time undergraduates |
|
| Average need-based self-help award (excluding PLUS loans and private alternative loans): |
| |
| $7,809 | for first-year students |
| $8,132 | for full-time undergraduates |
| $6,524 | for part-time undergraduates |
|
| Average need-based loan (excluding PLUS loans and private alternative loans): |
| |
| $4,796 | for first-year students |
| $6,426 | for full-time undergraduates |
| $4,924 | for part-time undergraduates |
|
| Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| 12% | of first-year students |
| 11% | of full-time undergraduates |
| 18% | of part-time undergraduates |
|
| Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| $19,841 | for first-year students |
| $18,337 | for full-time undergraduates |
| $5,950 | for part-time undergraduates |
|
| School participates in Federal Work-Study Program: |
yes |
| Percent of students who received aid that participated in Federal Work Study: |
59% |
|
| Types of loans available: |
|
- Direct Subsidized Stafford Loans
- Direct Unsubsidized Stafford Loans
- Direct PLUS Loans
- Federal Perkins Loans
- College/University Loans
|
|
| Parent loans packaged to meet need: |
no |
| Percent of undergraduates who have borrowed through all loan programs: |
75% |
| Average student debt upon graduation: |
$35,814 |
| Types of payment plans: |
|
- school's own payment plan(s)
|
|
| Need-based scholarships/grants available: |
|
- need-based (general)
- Federal Pell Grants
- SEOG
- state scholarships/grants
- college/university scholarships/grants (institutional funds)
- private scholarships/grants
|
|
| Non-need-based scholarships/grants available: |
|
- non-need-based (general)
- academic merit scholarships/grants
- creative arts/performance
|
|
|
Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.
|
