How MLC's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Martin Luther College since 2013.

For that period, the average number of students who received grants aid/scholarships is 683, which is 82.78 % of all undergraduate students. 443 students which is 53.89% of undergraduate students received federal student loans and the average loan amount is $6,081.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	659 (86%)	$5,967	250 (33%)	$3,501	569 (75%)	$6,227
2014-15	679 (94%)	$6,351	254 (35%)	$3,479	429 (60%)	$5,909
2015-16	685 (83%)	$6,633	258 (31%)	$3,544	429 (52%)	$5,955
2016-17	660 (77%)	$7,549	226 (26%)	$3,558	412 (48%)	$6,075
2017-18	684 (76%)	$8,009	246 (27%)	$3,882	432 (48%)	$6,304
2018-19	709 (80%)	$8,707	237 (27%)	$3,992	424 (48%)	$6,007
2019-20	709 (83%)	$8,776	229 (27%)	$3,744	420 (49%)	$5,885
2020-21	707 (83%)	$10,225	218 (26%)	$3,884	596 (70%)	$6,323
2021-22	657 (83%)	$9,742	186 (23%)	$3,824	279 (35%)	$6,046
Average	683 (82.78%)	$7,995	234 (28.33%)	$3,712	443 (53.89%)	$6,081

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 156 (87.78 % of students) received grants or scholarships and its average amount is $6,114. It can cover 34.41% of tuition & fees ($17,770).

In addition, 109 (61.00 % of students) students get helped from the students loans (average amount : $6,783).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	145 (88%)	$5,392	131 (80%)	$6,831
2014-15	149 (79%)	$5,444	108 (57%)	$7,026
2015-16	152 (88%)	$5,720	105 (61%)	$6,755
2016-17	158 (81%)	$6,051	109 (56%)	$7,080
2017-18	152 (83%)	$6,326	101 (55%)	$6,773
2018-19	160 (82%)	$6,436	96 (49%)	$6,566
2019-20	153 (91%)	$6,266	96 (57%)	$6,813
2020-21	184 (99%)	$7,090	162 (88%)	$6,020
2021-22	149 (99%)	$6,301	69 (46%)	$7,185
Average	156 (87.78%)	$6,114	109 (61.00%)	$6,783

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 57 (31.78 % of students) received Pell (federal) grants and its average amount is $3,629.

In addition, 15 students received State/local government grants/scholarships (8.78 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	62 (38%)	$3,686	13 (8%)	$1,000	13 (8%)	$3,791	142 (87%)	$3,458
2014-15	56 (30%)	$3,259	7 (4%)	$929	19 (10%)	$4,690	147 (78%)	$3,626
2015-16	61 (35%)	$3,442	8 (5%)	$847	14 (8%)	$4,543	151 (88%)	$3,902
2016-17	59 (30%)	$3,318	7 (4%)	$1,000	14 (7%)	$5,850	155 (79%)	$4,332
2017-18	63 (34%)	$3,821	13 (7%)	$1,000	14 (8%)	$5,776	149 (81%)	$4,208
2018-19	67 (34%)	$4,015	10 (5%)	$1,000	18 (9%)	$5,151	154 (79%)	$4,273
2019-20	46 (27%)	$3,544	105 (63%)	$672	16 (10%)	$6,426	150 (89%)	$4,148
2020-21	56 (30%)	$3,886	184 (99%)	$1,195	15 (8%)	$6,132	182 (98%)	$4,259
2021-22	42 (28%)	$3,694	6 (4%)	$1,667	16 (11%)	$6,751	148 (98%)	$4,498
Average	57 (31.78%)	$3,629	39 (22.11%)	$1,034	15 (8.78%)	$5,457	153 (86.33%)	$4,078

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 109 (61.00 % of students) get any students loan help and its average loan amount is $109.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	131 (80%)	$6,831	128 (78%)	$5,704	19 (12%)	$8,670
2014-15	108 (57%)	$7,026	106 (56%)	$5,195	24 (13%)	$8,671
2015-16	105 (61%)	$6,755	102 (59%)	$5,329	23 (13%)	$7,207
2016-17	109 (56%)	$7,080	107 (55%)	$5,277	25 (13%)	$8,281
2017-18	101 (55%)	$6,773	99 (54%)	$5,480	18 (10%)	$7,861
2018-19	96 (49%)	$6,566	95 (49%)	$4,981	19 (10%)	$8,271
2019-20	96 (57%)	$6,813	95 (57%)	$4,988	24 (14%)	$7,511
2020-21	162 (88%)	$6,020	160 (86%)	$5,210	18 (10%)	$7,869
2021-22	69 (46%)	$7,185	65 (43%)	$4,991	17 (11%)	$10,079
Average	109 (61.00%)	$6,783	106 (59.67%)	$5,239	21 (11.78%)	$8,269

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Scholarships, Grants, and Loan Trends at MLC

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time