College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Is Luther a Good School for the Money?

Below Average National Value
Unknown In-State Value
$123,181 Avg Total Cost

Luther College Value Report

College Factual set out to determine if Luther is asking a fair price for the quality of education they provide. Keep reading for the detailed value report.

Below Average Value Nationwide

Below Average National Value
Top 20% National Quality
Expensive Price

Luther College is ranked #2,025 out of 2,223 for value nationwide.

Based on our analysis of other colleges at similar price points, we believe Luther College is overpriced for the quality education it provides. (This takes into account average financial aid and may not apply to you if you have further scholarships, grant or aid provided to you.)

National Value Ranking  2025 out of 2223
Overpriced
Great Value
National Value Score  9.64 out of 100
Overpriced
Great Value

Prices of Institutions with Similar Quality Scores

SchoolTotal PriceValue Grade

*Total price is determined by multiplying average annual cost by time to graduate.

We're Looking at a Total Cost of $123,181 for a Luther Degree

The average Luther student's degree will cost an estimated $123,181. This is based on an average price (with and without aid) of $29,971 and a typical 4.11 years to graduate.

Amount
Average Yearly Cost$29,971
Average Years to Graduate4.11
Estimated Avg Total Cost of Degree$123,181

Many Factors Affect Net Price

There are many ways you can lower the cost of a college education. Consider taking advantage of in-state tuition, or shortening the length of your degree by taking summer classes. Learn more about Luther cost for other factors that may affect net price such as the financial aid you qualify for that is largely based on your family's income.

Does This School Make Financial Sense To You?

$120,682 In-State With Aid
$245,675 Avg Cost No Aid
4.11 Years to Graduate

Net price can vary based on your unique situation.

Look at the table below to determine your likely cost of a bachelor's degree at Luther.

Nationwide Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$245,675#0F
All Students$123,181#2,025F
Only Students Receiving Aid$120,682#1,564D
In-State Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$245,675#F
All Students$123,181#F
Only Students Receiving Aid$120,682#F

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Iowa.

About 100% of Luther students receive financial aid. Get more details on what Luther financial aid you may qualify for.

How to Finance The Gap

How to Calculate Value

College Factual calculates value by calculating average Luther cost multiplied by time to graduate, and then compares that number to other schools of a similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full Best for the Money Ranking Methodology.

References

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