Luther's tuition & fees has increased from $38,370 (2014) to $50,320 (2024), and the rate of tuition increase is 31.14% over the past 10 years.
Luther's tuition increase rate is lower than the Iowa's average increase rate of 54.89%. 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 31.70% from 2014 ($49,775).
For the current academic year 2023-2024, Luther's COA is $65,555, which is increased by 4.25% from last year.
The following table and chart show changes to Luther's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 31.14% for the last 10 years , and the 2024 tuition & fees are $50,320. The following table and chart show the tuition & fees changes at Luther College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,040, and it has not changed since 2014.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,040 | - |
|---|
| 2015-16 | $1,040 | |
|---|
| 2016-17 | $1,040 | |
|---|
| 2017-18 | $1,040 | |
|---|
| 2018-19 | $1,040 | |
|---|
| 2019-20 | $1,040 | |
|---|
| 2020-21 | $1,040 | |
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| 2021-22 | $1,040 | |
|---|
| 2022-23 | $1,040 | |
|---|
| 2023-24 | $1,040 | |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 36.95% when a student lives on-campus facilities and 36.95% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Luther College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,365 | $10,365 | - |
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| 2015-16 | $10,935 | $10,935 | 5.50% |
|---|
| 2016-17 | $11,515 | $11,515 | 5.30% |
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| 2017-18 | $11,985 | $11,985 | 4.08% |
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| 2018-19 | $12,475 | $12,475 | 4.09% |
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| 2019-20 | $12,775 | $12,775 | 2.40% |
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| 2020-21 | $13,125 | $13,161 | 2.74% |
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| 2021-22 | $13,375 | $13,375 | 1.90% |
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| 2022-23 | $13,685 | $13,685 | 2.32% |
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| 2023-24 | $14,195 | $14,195 | 3.73% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Luther College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Luther College | $50,320 | $48,160 | 4.49% |
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| Drake University | $49,944 | $47,742 | 4.61% |
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|
| Upper Iowa University | $19,000 | $33,639 | -43.52% |
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|
| Saint Ambrose University | $35,598 | $34,570 | 2.97% |
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|
| Maharishi International University | $16,530 | $16,530 | - |
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| Morningside University | $38,190 | $36,610 | 4.32% |
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