univstats

MLC Financial Aid

Number Received Financial Aid (All Undergraduate) 609
Percent Received Financial Aid(All Undergraduate) 81%
Average Aid Amount $10,863
Number Received Financial Aid (Freshmen) 145
Percent Received Financial Aid (Freshmen) 100%

Financial Aid Information at MLC

For the academic year 2023-2024, a total of 609 students (81% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,863. For freshmen (Full-time, first-time degree-seeking undergraduate students), 145 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Martin Luther College is $18,120, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 609 students (81% of all students) have received grants or scholarships and the average received aid amount is $10,863. 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.
Undergraduate Student Financial Aid at Martin Luther College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid60981%$10,863
Pell Grants17123%$4,293
Federal Student Loans52770%$6,736

Beginning Students Financial Aid

a total of 145 beginning students (100% of all freshmen) have received any financial aid and 143 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.
Beginning Students (Freshmen) Financial Aid at Martin Luther College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid145100%-
Grants or Scholarship from All Sources14399%$8,222
Federal Grants3927%$4,744
Pell Grants3927%$4,506
Other Federal Grants64%$1,545
State/Local Grants2215%$6,016
Institutional Grants14399%$6,003
Student Loans12083%$5,967
Federal Student Loans11982%$5,272
Other Student Loans118%$8,058