Luther College

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2023 Undergraduate Tuition
$49,650
4.5% growth from 2022
2023 Average Net Price
$24,790
After Financial Aid
2024 Acceptance Rate
71.5%
2,632 Applicants
2024 Enrolled Students
1,384
98.9% Full-Time
2023 Graduation Rate
75%
387 Graduates

About

Luther College is a higher education institution located in Winneshiek County, IA. In 2024, the most popular Bachelors Degree concentrations at Luther College were Registered Nursing (46 degrees awarded), General Business Administration & Management (34 degrees), and General Biological Sciences (28 degrees).

In 2024, 401 degrees were awarded across all undergraduate and graduate programs at Luther College. 57.1% of these degrees were awarded to women, and 42.9% awarded men. The most common race/ethnicity group of degree recipients was white (326 degrees), 17.2 times more than then the next closest race/ethnicity group, hispanic or latino (19 degrees).

The median undergraduate tuition at Luther College is $49,650, which is $20,370 more than the national average for Baccalaureate Colleges ($29,280).

Costs

In 2023, the median undergraduate tuition at Luther College is $49,650, which is $20,370 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $24,790.

In 2023, 99% of undergraduate students attending Luther College received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Tuition Costs

$49,650
2023 Undergraduate Tuition

In 2023, the cost of tuition at Luther College was $49,650. The cost of tuition at Luther College is $20,370 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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Average Net Price

$24,790
2023 Value
3.67%
1 Year Growth

In 2023 Luther College had an average net price — the price paid after factoring in grants and loans — of $24,790. Between 2022 and 2023, the average net price of Luther College grew by 3.67%.

This chart compares the average net price of Luther College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$10,670
Room and Board
$1,040
Books and Supplies

The average yearly cost of room and board at Luther College was of $10,670 in 2023. The cost of room and board increased by 2.99% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,040. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

99%
Undergraduates Receiving Financial Aid through Grants
60%
Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Luther College received financial aid through grants or loans in 2023. This represents a growth of 1.02% with respect to 2022, when 98% of undergraduate students received financial aid.

This chart compares the average award discount at Luther College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Admissions

Luther College received 2,632 undergraduate applications in 2024, which represents a 7.56% annual growth. Out of those 2,632 applicants, 1,883 students were accepted for enrollment, representing a 71.5% acceptance rate.

There were 1,384 students enrolled at Luther College in 2024. 9% of first-time enrollees submitted SAT scores with their applications.

Luther College has an overall enrollment yield of 19.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.5%
Acceptance Rate in 2024
1,883
Accepted Out of 2,632

In 2024, the undergraduate acceptance rate of Luther College was 71.5% (1,883 admissions from 2,632 applications). This is lower than the acceptance rate of 2023, which was 73.3%. Between 2023 and 2024, the number of applicants grew by 7.56%, while admissions grew by 5.02%.

This chart compares the acceptance rate of Luther College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

9%
Submission Percentage (2024)
33
Scores Submitted (2024)

9% of enrolled first-time students at Luther College in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Luther College had a total enrollment of 1,384 students in 2024. The full-time enrollment at Luther College is 1,369 students and the part-time enrollment is 15. This means that 98.9% of students enrolled at Luther College are enrolled full-time.

The enrolled student population at Luther College, both undergraduate and graduate, is 70.8% White, 6.36% Hispanic or Latino, 4.41% Black or African American, 1.23% Asian, 0.723% American Indian or Alaska Native, and 0.145% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Luther College in full-time Undergraduate programs are most commonly White Female (42.6%), followed by White Male (29.4%) and Hispanic or Latino Male (4.3%).

Full-Time vs Part-Time Enrollment

98.9%
Full-Time Enrollment

The total enrollment at Luther College in 2024, both undergraduate and graduate, is 1,384 students. The full-time enrollment at Luther College is 1,369 and the part-time enrollment is 15. This means that 98.9% of students enrolled at Luther College are enrolled full-time compared with 78.4% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Luther College (in red) compares to similar universities.

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Retention Rate over Time

79%
2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Luther College was 79%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Luther College had a retention rate higher than its peers.

This chart shows the retention rate over time at Luther College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    980 enrolled students
  2. Hispanic or Latino
    88 enrolled students
  3. Black or African American
    61 enrolled students

The enrolled student population at Luther College is 70.8% White, 6.36% Hispanic or Latino, 4.41% Black or African American, 1.23% Asian, 0.723% American Indian or Alaska Native, and 0.145% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 51.9% White, 13.9% Hispanic or Latino, and 12.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 21 students (1.52%) did not report their race.

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Graduates

In 2024, 57 more women than men received degrees from Luther College. The most common race/ethnicity group of degree recipients at Luther College is white (326 degrees awarded). There were 17.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (19 degrees).

The most common Bachelor's Degree concentration at Luther College is Registered Nursing (46 degrees awarded), followed by General Business Administration & Management (34 degrees) and General Biological Sciences (28 degrees).

In 2024,  the most specialized majors across all degree types at Luther College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (24 degrees awarded), Natural Resources & Conservation (15 degrees), and Philosophy and Religious Studies (7 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Luther College are Other managers (204,671 people), Postsecondary teachers (176,684 people), Elementary & middle school teachers (145,184 people), Secondary school teachers (112,679 people), and Software developers (99,229 people).

The most specialized majors at Luther College in 2024 are Language & Linguistics (24 degrees awarded), Natural Resources & Conservation (15 degrees), Philosophy and Religious Studies (7 degrees), Physical Sciences (15 degrees), and Visual & Performing Arts (48 degrees) (as of 2024).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Luther College are Surgeons, Magnetic resonance imaging technologists, Diagnostic medical sonographers, Cardiovascular technologists and technicians, and Economists

The most specialized majors at Luther College are Language & Linguistics (24 degrees awarded), Natural Resources & Conservation (15 degrees), Philosophy and Religious Studies (7 degrees), Physical Sciences (15 degrees), and Visual & Performing Arts (48 degrees) (as of 2024).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Luther College are Elementary & secondary schools (363,323 people), Colleges, universities & professional schools, including junior colleges (359,188 people), Computer Systems Design (183,925 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (161,528 people), and Management, scientific & technical consulting services (107,520 people).

The most specialized majors at Luther College are Language & Linguistics (24 degrees awarded), Natural Resources & Conservation (15 degrees), Philosophy and Religious Studies (7 degrees), Physical Sciences (15 degrees), and Visual & Performing Arts (48 degrees) (as of 2024).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Luther College.
Most Common (2024)
  1. 46 degrees awarded
  2. 34 degrees awarded
  3. 28 degrees awarded

In 2024, the most common bachelors degree concentration at Luther College was Registered Nursing with 46 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Luther College according to their major.

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Sex Breakdown for Common Majors

172
Degrees Awarded to Men
in 2024
229
Degrees Awarded to Women
in 2024

In 2024, 172 degrees were awarded to men at Luther College, which is 0.751 times less than the number of degrees awarded to females (229).

This chart displays the sex disparity between the top 5 majors at Luther College by degrees awarded.

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Most Common Male Majors

In 2024, 25 degrees were awarded to men at Luther College in General Business Administration & Management, which is 2.78 times more than the 9 female recipients with that same degree.

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Most Common Female Majors

In 2024, 39 degrees were awarded to men at Luther College in Registered Nursing, which is 5.57 times more than the 7 male recipients with that same degree.

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Time to Complete

66%
100% Completion Time
73%
150% Completion Time

In 2023, 66% of students graduating from Luther College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 73% completed their degrees within 150% of the normal time, and 73% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    326 degrees awarded
  2. Hispanic or Latino
    19 degrees awarded
  3. Black or African American
    11 degrees awarded

The most common race/ethnicity at Luther College is white (326 degrees awarded). There were 17.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (19 degrees).

0.998% of degree recipients (4 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Female
    200 degrees awarded
  2. White Male
    126 degrees awarded
  3. Hispanic or Latino Female
    10 degrees awarded

The most common race/ethnicity and sex grouping at Luther College is white female (200 degrees awarded). There were 1.59 times more white female recipients than the next closest race/ethnicity group, white male (126 degrees).

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Operations

Luther College has an endowment valued at nearly $193M, as of the end of the 2023 fiscal year. The return on its endowment was of 5.48M (2.84%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Luther College had a total salary expenditure of 69.4M. Luther College employs 58 Professors, 50 Associate professors and 23 Assistant professors. Most academics at Luther College are Male Professor (38), Female Associate professor (26), and Male Associate professor (24).

The most common positions for non-instructional staff at Luther College are: Office and Administrative Support, with 35 employees, Business and Financial Operations, with 30 employees, and Service with 30 employees.

Endowment

$193M
2023 Endowment
1.68%
decline from 2022

Luther College has an endowment valued at about $193M, as of the end of the 2023 fiscal year. The endowment of Luther College declined 1.68% from the previous year. The value of their endowment was $141M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Luther College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

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Salary Expenditure

$25.4M
2023 Salaries
0%
growth from 2022

In 2023, Luther College paid a median of $25.4M in salaries, which represents 36.7% of their overall expenditure ($69.4M) and a 0% growth from the previous year.

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Instructional Salaries

$10.1M
Instructional Salaries
137
Number of Employees

In 2023, Luther College paid a total of $10.1M to 137 employees working as instructors, which represents 39.5% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

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Occupations by Share

In 2023, the most common positions for non-instructional staff at Luther College were Office and Administrative Support with 35 employees, Business and Financial Operations with 30 employees, and Service with 30 employees.

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