For the academic year 2022-2023, total 419 full-time, first-time students (100% of all freshmen) awarded grants or scholarships (federal, state, local, institutional, or any other source). For all undergraduate students, total 1,715 students (98% of all students) have received one or more grants or scholarships at Luther College.
Below tables show the number and amount by source of financial aid at Luther College.
Below tables show the number and amount by source of financial aid at Luther College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,715 | 98% | $35,965 |
| Pell Grants | 307 | 18% | $4,585 |
| Federal Student Loans | 1,128 | 65% | $6,486 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 419 | 100% | - |
| Grants or Scholarship from All Sources | 419 | 100% | $35,441 |
| Federal Grants | 273 | 65% | $3,001 |
| Pell Grants | 72 | 17% | $4,653 |
| Other Federal Grants | 273 | 65% | $1,774 |
| State/Local Grants | 46 | 11% | $6,505 |
| Institutional Grants | 419 | 100% | $32,772 |
| Student Loans | 275 | 66% | $7,680 |
| Federal Student Loans | 273 | 65% | $5,357 |
| Other Student Loans | 41 | 10% | $15,849 |
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