Despite a high sticker price, this school is affordable for many families due to generous need-based aid. Strong support for lower-income students.
Cost Calculator
What You'll Pay at Martin Luther College
Select your family income to see your estimated cost
The Cost Formula
Tuition
$18K
+
Room
$8K
+
Books
$500
=
Sticker Price
$29,250
$18K+$8K+$500=$29,250
Your Family Income
Sticker
$29,250
−
Your Aid
$16,439
=
Net Price
$12,811
All Income Levels
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
Martin Luther College Cost of Attendance and Financial Aid Summary
Cost Category
Amount
Total Cost of Attendance (Sticker Price)
$29,250
Tuition and Fees
$18,120
Room and Board
$7,900
Books and Supplies
$500
Average Financial Aid (Grants and Scholarships)
-$10,787
Average Net Price (What Families Pay)
$18,463
Martin Luther College Net Price by Family Income Level
Family Income
Net Price
$0–30k
$11,233
$30–48k
$11,749
$48–75k
$12,811
$75–110k
$18,241
$110k+
$22,952
Understanding Your Aid Package
Martin Luther College has a sticker price of $29,250 per year, but most students pay significantly less after financial aid. The actual cost depends heavily on your family's income level.
Key Facts
Sticker price: $29,250/year
Average aid: $10,787 in grants & scholarships
$48–75K families pay: ~$12,811/year
Low-income families: Pay ~$11,233/year
27% of students receive Pell Grants
Financial Aid Profile
💰
27%
Pell Grant Recipients
Lower-income students receiving federal aid
Get personalized cost estimates and assess whether borrowing makes sense.
How much students borrow and whether debt is manageable given outcomes.
Typical Debt
Median Student Debt$20,177
Range (25th–75th)$6,911 – $24,500
Median Parent PLUS Loans$10,226
Debt Manageability
0.41x
Debt-to-Earnings Ratio
Debt is well below typical first-year earnings — generally considered very manageable.
3-Year Default Rate0.0%
Return on Investment
How cost compares to graduate earnings and value added.
Median Earnings (10yr)
$47,491
Earnings Growth
+17%
6 → 10 years post-graduation
Earnings Range (10yr post-graduation)
$29,333
25th %ile
$70,940
75th %ile
Frequently Asked Questions about Martin Luther College Cost & Financial Aid
Martin Luther College's published tuition is $29,250 per year. However, after financial aid, the average student pays $12,811—a difference of $16,439.
Families earning under $30,000 pay an average net price of $11,233 at Martin Luther College. 27% of students receive Pell Grants.
Martin Luther College offers merit-based scholarships for academic achievement, in addition to need-based financial aid. Contact the financial aid office for specific scholarship opportunities.
The median debt for Martin graduates is $20,177, resulting in estimated monthly payments of $214 over 10 years.
Even families earning over $110,000 pay an average net price of $22,952 at Martin—still $6,298 less than the sticker price. Most families qualify for some form of aid.
