Number Received Financial Aid (All Undergraduate)
657
Percent Received Financial Aid(All Undergraduate)
83%
Average Aid Amount
$9,742
Number Received Financial Aid (Freshmen)
149
Percent Received Financial Aid (Freshmen)
99%
Financial Aid Information at MLC
For the academic year 2021-2022, a total of 657 students (83% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $9,742. For freshmen (Full-time, first-time degree-seeking undergraduate students), 149 students (99% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Martin Luther College is $17,770, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 657 students (83% of all students) have received grants or scholarships and the average received aid amount is $9,742. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Martin Luther College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 657 | 83% | $9,742 |
| Pell Grants | 186 | 23% | $3,824 |
| Federal Student Loans | 279 | 35% | $6,046 |
Beginning Students Financial Aid
a total of 149 beginning students (99% of all freshmen) have received any financial aid and 149 students (99% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Martin Luther College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 149 | 99% | - |
| Grants or Scholarship from All Sources | 149 | 99% | $6,301 |
| Federal Grants | 42 | 28% | $3,932 |
| Pell Grants | 42 | 28% | $3,694 |
| Other Federal Grants | 6 | 4% | $1,667 |
| State/Local Grants | 16 | 11% | $6,751 |
| Institutional Grants | 148 | 98% | $4,498 |
| Student Loans | 69 | 46% | $7,185 |
| Federal Student Loans | 65 | 43% | $4,991 |
| Other Student Loans | 17 | 11% | $10,079 |
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