| Overall Rating | Gold |
|---|---|
| Overall Score | 75.28 |
| Liaison | Kara Holmstrom |
| Submission Date | Feb. 25, 2022 |
Luther College
PA-8: Affordability and Access
| Status | Score | Responsible Party |
|---|---|---|
|
2.72 / 4.00 |
Aaron
Steffens Director of Financial Aid Operations Financial Aid Office |
"---"
indicates that no data was submitted for this field
Provide at least one of the following figures:
86
Percentage of students graduating without student loan debt:
33
Percentage of entering students that are low-income:
17
Graduation/success rate for low-income students:
68.60
Optional Fields
Luther offers Federal, State and Institutional grants, scholarships and loans to assist students who demonstrate financial need. Assistance for our lowest income incoming students in the 2021-22 academic year averaged over $47,000 per student. Luther also encourages all students to apply regularly for outside scholarships. Over 38% of our incoming students brought outside scholarships with them in 2020-21, averaging almost $2,400 each.
A brief description of notable policies or programs to support non-traditional students:
Luther assists veterans through the GI Bill, Yellow Ribbon and Tuition Assistance program, and Tuition Assistance Programs to help our non-traditional veterans.
Estimated percentage of students that participate in or directly benefit from the institution’s policies and programs to support low-income and non-traditional students:
19
Website URL where information about the institution’s accessibility and affordability initiatives is available:
Additional documentation to support the submission:
Data source(s) and notes about the submission:
https://www.luther.edu/ir/assets/Higher_Education_Act___Graduation_Rates_PELL_GSL_2011_first_year_cohort_20180910.pdf
All data entered for this credit are for the 2021-22 academic year, with the exception of the student loan debt percentage, which is from 2020-21, and the graduation/success rate, which are from six-year graduation rates of Pell Grant students who entered Luther College in the fall of 2014 (file attached, above).
All data entered for this credit are for the 2021-22 academic year, with the exception of the student loan debt percentage, which is from 2020-21, and the graduation/success rate, which are from six-year graduation rates of Pell Grant students who entered Luther College in the fall of 2014 (file attached, above).
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.