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Martin Luther College Tuition, Costs, & Financial Aid Information

New Ulm, MN

Tuition and Expenses


Cost of Attendance
$28,000
Tuition and Fees
$16,420
Room and Board
$6,480
Books and Supplies
$800
Other Expenses
$4,300
Payment Plans
 

Applying for Financial Aid


Financial Aid Office

Email
Web Site
Financial Aid Web Site
Net Price Calculator URL
Net Price Calculator URL

Application Process

Application Deadline
Priority deadline April 15
Final deadline April 15
Award Notification
On a rolling basis beginning January 15
Methodology for Awarding Institutional Aid
Federal Methodology
Forms Required Cost to File
FAFSA
Code is 002361
Free

Profile of 2019 - 20 Financial Aid


Freshman

Financial Aid Applicants
174 (96.1%) of freshmen
Found to Have Financial Need
159 (91.4%) of applicants
Received Financial Aid
158 (99.4%) of applicants with financial need
Need Fully Met
16 (10.1%) of aid recipients
Average Percent of Need Met
64%
Average Award
$11,855
Need-Based Gift
Received by 157 (99.4%) of aid recipients, average amount $9,843
Need-Based Self-Help
Received by 92 (58.2%) of aid recipients, average amount $3,562
Merit-Based Gift
Received by 12 (7.6%) of aid recipients
Merit-Based Gift
11 (6.1%) of freshmen had no financial need and received merit aid, average amount $2,261

All Undergraduates

Financial Aid Applicants
631 (91.8%) of undergraduates
Found to Have Financial Need
576 (91.3%) of applicants
Received Financial Aid
575 (99.8%) of applicants with financial need
Need Fully Met
70 (12.2%) of aid recipients
Average Percent of Need Met
66%
Average Award
$12,243
Need-Based Gift
Received by 574 (99.8%) of aid recipients, average amount $9,268
Need-Based Self-Help
Received by 400 (69.6%) of aid recipients, average amount $4,300
Merit-Based Gift
Received by 35 (6.1%) of aid recipients
Merit-Based Gift
82 (11.9%) of undergraduates had no financial need and received merit aid, average amount $3,224

Borrowing

2019 Graduates Who Took Out Loans
75%
Average Indebtedness of 2019 Graduates
$26,791
Parents of Students Receiving Aid
Not reported
Parents of Students Not Receiving Aid
Not reported

Financial Aid Programs


Loans

Federal Loans
Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans
State Loans
Available
Other Loans
College/university loans

Scholarships and Grants

Need-Based Available
Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available
None

Non-Need Awards

Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Creative Arts/Performance Award Areas
Music
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Special Characteristics Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
 

Employment

Work-Study Programs
Federal work study available, other work study available
Average Earnings from On-Campus Employment
Not reported

A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2020 Peterson's LLC. All rights reserved.