by our College Data Analytics TeamThis guide covers the real cost of attending Martin Luther College, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.
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The cost of attendance at Martin Luther College stands at about $29,288.00 a year.
Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.
| Tuition and fees | $18,120.00 |
| + Room, board & other expenses | $11,168.00 |
| Total cost | $29,288.00 |
| That is 11% below the national average net price. |
| Total cost | $29,288.00 |
| − Grants and scholarships | −$10,787.00 |
| Net price | $18,501.00 |
| That is 44% below the national average net price. |
| Total cost | $29,288.00 |
| − Grants and scholarships | −$18,017.00 |
| Net price | $11,271.00 |
| That is 66% below the national average net price. | |
| Go deeper on the components with tuition and fees plus living costs. |
Costs have trended upward in recent years at about 2.3% per year; the projections below compound that across a degree. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. Loan figures amortise the projected total over ten years at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 2.3% | 2.3% | 2.3% |
| Freshman year | $11,534.00 | $18,932.00 | $29,971.00 |
| Senior year | $12,360.00 | $20,288.00 | $32,117.00 |
| Total 4-year net price | $47,774.00 | $78,419.00 | $124,142.00 |
| 10-year loan interest @ 6.8% | $18,200.00 | $29,875.00 | $47,294.00 |
| Total monthly payment | $550.00 | $902.00 | $1,429.00 |
| Total amount paid | $65,974.00 | $108,294.00 | $171,435.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 2.3% | 2.3% | 2.3% |
| Freshman year | $11,534.00 | $18,932.00 | $29,971.00 |
| Senior year | $11,803.00 | $19,374.00 | $30,670.00 |
| Total 2-year net price | $23,337.00 | $38,306.00 | $60,641.00 |
| 10-year loan interest @ 6.8% | $8,890.00 | $14,593.00 | $23,102.00 |
| Total monthly payment | $269.00 | $441.00 | $698.00 |
| Total amount paid | $32,227.00 | $52,899.00 | $83,742.00 |
See the full net-price breakdown in the net price section below.
Net price strips out grant and scholarship aid to show what families really pay. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.
| Average net price (on-campus) | $18,463.00 |
| Average net price (off-campus) | $20,483.00 |
What families actually pay shifts with income, since need-based grants are larger for lower-income students. The figures below give average net price by income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $12,474.00 |
| $30,000 to $48,000 | $14,427.00 |
| $48,001 to $75,000 | $17,415.00 |
| $75,001 to $110,000 | $21,090.00 |
| Over $110,000 | $24,323.00 |
Run your own numbers with the Martin Luther College Net Price Calculator, or visit the financial aid office.
Dig into how aid is awarded on the grants & scholarships detail.
Typical debt at graduation from Martin Luther College is $16,606.00, placing the school in the Low ($10-20k) burden category.
Across borrowers, debt at graduation distributes like this:
| Percentile | Debt at graduation |
|---|---|
| 10th | $3,500.00 |
| 25th | $6,911.00 |
| Median (50th) | $16,606.00 |
| 75th | $24,500.00 |
| 90th | $30,500.00 |
The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.
Explore borrowing, repayment, and default in detail on the student-loan-debt breakdown.
Student debt at graduation is not evenly distributed across income levels. The figures below split graduating borrowers into three income brackets:
| Family income | Median debt at graduation |
|---|---|
| Low income | $8,263.00 |
| Middle income | $17,063.00 |
| High income | $18,990.00 |
First-generation college students often carry different debt loads than their continuing-generation peers.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $13,919.00 |
| Continuing-generation students | $17,500.00 |
Pell Grants are the federal government’s primary need-based undergraduate aid program. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.
The Pell vs non-Pell debt gap at Martin Luther College amounts to $-961.00.
The federal default-rate classification for Martin Luther College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 1.4% |
For a sense of scale, Stafford disbursements at Martin Luther College come to $21,926,786.00 spread across 1,676 loan recipients.
Veterans and active-duty students can access dedicated federal education aid including the GI Bill and Department of Defense tuition support.
| GI Bill recipients | 4 |
| Avg GI Bill amount | $11,995.00 |
| DoD Tuition Assistance recipients | 6 |
| Avg DoD Tuition Assistance | $3,500.00 |
Read more about military and veteran aid on the veteran aid breakdown.
The data above is a foundation; round it out by asking yourself about Martin Luther College, keep these questions in mind:
Use the pages below to go deeper on a specific part of the cost story:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.