Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 87.78% of students received grants or scholarships and 61% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14659 (86%)$5,967250 (33%)$3,501569 (75%)$6,227
2014-15679 (94%)$6,351254 (35%)$3,479429 (60%)$5,909
2015-16685 (83%)$6,633258 (31%)$3,544429 (52%)$5,955
2016-17660 (77%)$7,549226 (26%)$3,558412 (48%)$6,075
2017-18684 (76%)$8,009246 (27%)$3,882432 (48%)$6,304
2018-19709 (80%)$8,707237 (27%)$3,992424 (48%)$6,007
2019-20709 (83%)$8,776229 (27%)$3,744420 (49%)$5,885
2020-21707 (83%)$10,225218 (26%)$3,884596 (70%)$6,323
2021-22657 (83%)$9,742186 (23%)$3,824279 (35%)$6,046
Average683 (82.78%)$7,995234 (28.33%)$3,712443 (53.89%)$6,081
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14145 (88%)$5,392131 (80%)$6,831
2014-15149 (79%)$5,444108 (57%)$7,026
2015-16152 (88%)$5,720105 (61%)$6,755
2016-17158 (81%)$6,051109 (56%)$7,080
2017-18152 (83%)$6,326101 (55%)$6,773
2018-19160 (82%)$6,43696 (49%)$6,566
2019-20153 (91%)$6,26696 (57%)$6,813
2020-21184 (99%)$7,090162 (88%)$6,020
2021-22149 (99%)$6,30169 (46%)$7,185
Average156 (87.78%)$6,114109 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1462 (38%)$3,68613 (8%)$1,00013 (8%)$3,791142 (87%)$3,458
2014-1556 (30%)$3,2597 (4%)$92919 (10%)$4,690147 (78%)$3,626
2015-1661 (35%)$3,4428 (5%)$84714 (8%)$4,543151 (88%)$3,902
2016-1759 (30%)$3,3187 (4%)$1,00014 (7%)$5,850155 (79%)$4,332
2017-1863 (34%)$3,82113 (7%)$1,00014 (8%)$5,776149 (81%)$4,208
2018-1967 (34%)$4,01510 (5%)$1,00018 (9%)$5,151154 (79%)$4,273
2019-2046 (27%)$3,544105 (63%)$67216 (10%)$6,426150 (89%)$4,148
2020-2156 (30%)$3,886184 (99%)$1,19515 (8%)$6,132182 (98%)$4,259
2021-2242 (28%)$3,6946 (4%)$1,66716 (11%)$6,751148 (98%)$4,498
Average57 (31.78%)$3,62939 (22.11%)$1,03415 (8.78%)$5,457153 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14131 (80%)$6,831128 (78%)$5,70419 (12%)$8,670
2014-15108 (57%)$7,026106 (56%)$5,19524 (13%)$8,671
2015-16105 (61%)$6,755102 (59%)$5,32923 (13%)$7,207
2016-17109 (56%)$7,080107 (55%)$5,27725 (13%)$8,281
2017-18101 (55%)$6,77399 (54%)$5,48018 (10%)$7,861
2018-1996 (49%)$6,56695 (49%)$4,98119 (10%)$8,271
2019-2096 (57%)$6,81395 (57%)$4,98824 (14%)$7,511
2020-21162 (88%)$6,020160 (86%)$5,21018 (10%)$7,869
2021-2269 (46%)$7,18565 (43%)$4,99117 (11%)$10,079
Average109 (61.00%)$6,783106 (59.67%)$5,23921 (11.78%)$8,269

Ratings & Review

Share your experiences and thoughts about Martin Luther College. It will be a great help to applicants and prospective students!