Institute of Lutheran Theology's tuition & fees has increased from $4,620 (2018) to $10,560 (2024), and the rate of tuition increase is 128.57% over the past 10 years. The graduate school tuition & fees has raised from $7,140 (year 2018) to $8,710 (year 2024).
Institute of Lutheran Theology's tuition increase rate is higher than the South Dakota's average increase rate of 2.55%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 49.22% from 2018 ($17,411).
For the current academic year 2023-2024, Institute of Lutheran Theology's COA is $25,981, which is increased by 4.03% from last year.
The following table and chart show changes to Institute of Lutheran Theology's COA over the past 6 years.
On-campus living costs are not available.
Tuition & Fees Changes
The tuition & fees have increased 128.57% for the last 6 years , and the 2024 tuition & fees are $10,560. The following table and chart show the tuition & fees changes at Institute of Lutheran Theology over last the 6 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $325, and it has increased 35.42% from the year 2018 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2018-19 | $240 | - |
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| 2019-20 | $250 | 4.17% |
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| 2020-21 | $250 | |
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| 2021-22 | $275 | 10.00% |
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| 2022-23 | $300 | 9.09% |
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| 2023-24 | $325 | 8.33% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 15.38% when living-off campus from the year 2018 to 2024. The following table shows the changes in living costs at Institute of Lutheran Theology.
| Year | Living Off Campus | Change by Year |
|---|
| 2018-19 | $12,551 | - |
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| 2019-20 | $12,928 | 3.00% |
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| 2020-21 | $12,928 | |
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| 2021-22 | $13,316 | 3.00% |
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| 2022-23 | $14,515 | 9.00% |
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| 2023-24 | $15,096 | 4.00% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Institute of Lutheran Theology and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Institute of Lutheran Theology | $10,560 | $10,160 | 3.94% |
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| Augustana University | $39,190 | $37,342 | 4.95% |
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| University of Sioux Falls | $20,740 | $20,290 | 2.22% |
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| Mount Marty University | $33,100 | $31,500 | 5.08% |
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| Kairos University | $3,600 | $3,600 | - |
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| Dakota Wesleyan University | $32,890 | $31,890 | 3.14% |
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