Luther College

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2017 Undergraduate Tuition

$40,710

2.39% growth from 2016

2017 Average Net Price

$26,013

After Financial Aid

2016 Student Loan

2.43%

Default Rate

2017 Acceptance Rate

65.1%

4,288 Applicants

2017 Enrolled Students

2,053

98.1% Full-Time

2016 Graduation Rate

78.9%

482 Graduates

About

Luther College is a higher education institution located in Winneshiek County, IA. In 2016, the most popular Bachelor's Degree concentrations at Luther College were General Biological Sciences (57 degrees awarded), General Business Administration & Management (50 degrees), and General Music (39 degrees).

In 2017, 595 degrees were awarded across all undergraduate and graduate programs at Luther College. 58.3% of these degrees were awarded to women, and 41.7% awarded men. The majority of degree recipients were white (504 degrees), 21 times more than then the next closest race/ethnicity group, hispanic or latino (24 degrees).

The median undergraduate tuition at Luther College is $40,710, which is $15,516 more than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Luther College is $40,710, which is $15,516 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $26,013.

In 2017, 98% of undergraduate students received federal grants, while 67% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$40,710

2017 Undergraduate Tuition

In 2017, the cost of tuition at Luther College was $40,710. The cost of tuition at Luther College is $15,516 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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Average Net Price

$26,013

2017 Value

2.4%

1 Year Growth

In 2017 Luther College had an average net price — the price paid after factoring in grants and loans — of $26,013. Between 2016 and 2017, the average net price of Luther College grew by 2.4%.

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

$8,500

Room and Board

$1,040

Books and Supplies

The average yearly cost of room and board at Luther College was of $8,500 in 2017. During the same period, the average yearly cost of books and supplies was $1,040. The cost of room and board increased by 7.32% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

98%

Of Undergraduates Receive Grants

67%

Of Undergraduates Receive Federal Loans

98% of undergraduate students at Luther College received grants or loans in 2017. This represents a growth of 0% with respect to 2016, 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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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2.43%

2016 Default Rate

14

Number of Defaults

In 2016 the default rate for borrower's at Luther College was 2.43%, which represents 14 out of the 577 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Luther College received 4,288 undergraduate applications in 2017, which represents a 11.2% annual growth. Out of those 4,288 applicants, 2,791 students were accepted for enrollment, representing a 65.1% acceptance rate.

There were 2,053 students enrolled at Luther College in 2017, and 11% of first-time enrollees submitted SAT scores with their applications.

Luther College has an overall enrollment yield of 18.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.1%

Acceptance Rate in 2017

2,791

Accepted Out of 4,288

In 2017, the undergraduate acceptance rate of Luther College was 65.1% (2,791 admissions from 4,288 applications). This is lower than the acceptance rate of 2016, which was 67.6%. Between 2016 and 2017, the number of applicants grew by 11.2%, while admissions grew by 7.02%.

This chart compares the acceptance rate of Luther College (in red) with that of other similar universities.

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SAT Scores

11%

Submission Percentage

58

Scores Submitted

11% of enrolled first-time students at Luther College in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Luther College has a total enrollment of 2,053 students. The full-time enrollment at Luther College is 2,014 students and the part-time enrollment is 39. This means that 98.1% of students enrolled at Luther College are enrolled full-time.

The enrolled student population at Luther College, both undergraduate and graduate, is 81.2% White, 4.72% Hispanic or Latino, 2.24% Two or More Races, 1.9% Black or African American, 1.36% Asian, 0.39% American Indian or Alaska Native, and 0.146% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Luther College in full-time Undergraduate programs are majority White Female (47.7%), followed by White Male (33.7%) and Hispanic or Latino Male (2.63%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.1%

Full-Time Enrollment

The total enrollment at Luther College, both undergraduate and graduate, is 2,053 students. The full-time enrollment at Luther College is 2,014 and the part-time enrollment is 39. This means that 98.1% of students enrolled at Luther College are enrolled full-time compared with 80.6% 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

83%

2017 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 83%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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

  1. White

    1,667

  2. Hispanic or Latino

    97

  3. Two or More Races

    46

The enrolled student population at Luther College is 81.2% White, 4.72% Hispanic or Latino, 2.24% Two or More Races, 1.9% Black or African American, 1.36% Asian, 0.39% American Indian or Alaska Native, and 0.146% 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 54.9% White, 14% Black or African American, and 12.6% Hispanic or Latino.

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, 4 students (0.195%) did not report their race.

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Graduates

In 2017, 99 more women than men received degrees from Luther College. The majority of degree recipients at Luther College are white (504 degrees awarded). There were 21 times more white graduates than the next closest race/ethnicity group, hispanic or latino (24 degrees).

The most common Bachelor's Degree concentration at Luther College is General Biological Sciences (57 degrees awarded), followed by General Business Administration & Management (50 degrees) and General Music (39 degrees).

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 (40 degrees awarded), Philosophy and Religious Studies (15 degrees), and Natural Resources & Conservation (22 degrees).

Workforce

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 Postsecondary teachers (181,528 people), Elementary & middle school teachers (180,461 people), Other managers (168,174 people), Graphic designers (91,946 people), and Physicians (85,547 people).

The most specialized majors at Luther College are Language & Linguistics (40 degrees awarded), Philosophy and Religious Studies (15 degrees), Natural Resources & Conservation (22 degrees), Physical Sciences (26 degrees), and Visual & Performing Arts (67 degrees).

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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, Securities, commodities, & financial services sales agents, Physicians, Dentists, and Chief executives & legislators

The most specialized majors at Luther College are Language & Linguistics (40 degrees awarded), Philosophy and Religious Studies (15 degrees), Natural Resources & Conservation (22 degrees), Physical Sciences (26 degrees), and Visual & Performing Arts (67 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Luther College are Colleges, universities & professional schools, including junior colleges (335,416 people), Elementary & secondary schools (326,502 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (145,663 people), Computer Systems Design (137,345 people), and Architectural, engineering & related services (93,818 people).

The most specialized majors at Luther College are Language & Linguistics (40 degrees awarded), Philosophy and Religious Studies (15 degrees), Natural Resources & Conservation (22 degrees), Physical Sciences (26 degrees), and Visual & Performing Arts (67 degrees).

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Degrees

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

  1. 57 degrees awarded

  2. 50 degrees awarded

  3. 39 degrees awarded

In 2017, the most common bachelors degree concentration at Luther College was General Biological Sciences with 57 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 248

  2. 347

In 2017, 248 degrees were awarded to men at Luther College, which is 0.715 times less than the number of degrees awarded to females (347).

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

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Most Common Male Majors

In 2017, 29 degrees were awarded to men at Luther College in General Business Administration & Management, which is 1.38 times more than the 21 female recipients with that same degree.

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Most Common Female Majors

In 2017, 35 degrees were awarded to women at Luther College in General Biological Sciences, which is 1.59 times more than the 22 male recipients with that same degree.

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Time to Complete

69%

100% Completion Time

77%

150% Completion Time

In 2017, 69% of students graduating from Luther College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 78% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Luther College is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    504 degrees awarded

  2. Hispanic or Latino

    24 degrees awarded

  3. Asian

    14 degrees awarded

The most common race/ethnicity at Luther College is white (504 degrees awarded). There were 21 times more white recipients than the next closest race/ethnicity group, hispanic or latino (24 degrees).

0.168% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    297 degrees awarded

  2. White Male

    207 degrees awarded

  3. Hispanic or Latino Male

    13 degrees awarded

The most common race/ethnicity and gender grouping at Luther College is white female (297 degrees awarded). There were 1.43 times more white female recipients than the next closest race/ethnicity group, white male (207 degrees).

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Operations

Luther College has an endowment valued at nearly $161M, as of the end of the 2017 fiscal year. The return on its endowment was of $16.7M (10.3%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Luther College had a total expenditure of $79.6M. Of that $79.6M, they spent $29.8M on salaries and $79.6M on benefits.

Luther College employs 63 Associate professors, 56 Professors, and 34 Assistant professors. Most academics at Luther College are Male Professors (36), Female Associate professors(32), and Male Associate professors (31).

The most common positions for non-instructional staff at Luther College are: Office and Administrative Support, with 47 employees, Service, with 45 employees, and Management with 38 employees.

Finances

Endowment

$161M

2017 Endowment

8.89%

growth from 2016

Luther College has an endowment valued at about $161M, as of the end of the 2017 fiscal year. The endowment of Luther College grew 8.89% from the previous year. The value of their endowment was $124M 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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Government Grants and Contracts

Grants & Contracts

  1. $1.25M - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Luther College received $1.25M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$29.8M

Salary Expenditure

$79.6M

Benefits Expenditure

In 2017, Luther College had a total expenditure of $79.6M. Of that $79.6M, they spent $29.8M on salaries and $79.6M on benefits.

The bar chart shows the share of the primary expenses at Luther College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Luther College as a share of total expenditure.

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Salary Expenditure

$29.8M

2017 Salaries

0.061%

decline from 2016

In 2017, Luther College paid a median of $29.8M in salaries, which represents 37.4% of their overall expenditure ($79.6M) and a 0.061% decline from the previous year. This is compared to a 10.2% decline from 2015 and a 0.763% growth from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$11.7M

Instructional Salaries

169

Number of Employees

In 2017, Luther College paid a total of $11.7M to 169 employees working as instructors, which represents 39.2% of all salaries paid.

This is compared to a median of $8.01M (34.6%) for similar Baccalaureate Colleges: Arts & Sciences Focus.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

63 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

47 Employees

In 2017, the most common positions for instructional staff at Luther College were Associate professor with 63 employees; Professor with 56 employees; and Professor with 34 employees.

In 2017, the most common positions for non-instructional staff at Luther College were Office and Administrative Support with 47 employees; Service with 45 employees; and Management with 38 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Associate professor

  3. Male Associate professor

In 2017, the most common demographic for instructional staff at Luther College was Male Professor with 36 employees, Female Associate professor with 32 employees, and Male Associate professor with 31 employees.

This chart shows the gender split between each academic rank present at Luther College.

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