$15,410

Tuition

$26,590

Cost of Attendance

$19,244

Net Price

Martin Luther College Tuition and Fees

Martin Luther College offers undergraduate and postgraduate programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $15,870, which includes the total tuition fees and other expenses. The housing costs $6,260, books and supplies cost $800, while the other expenses add up to $4,300.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$15,410$15,410
Book & Supplies$800$800
Room & Board cost$6,080$6,080
Other Expenses$4,300$4,300
Total Cost of Attendance$26,590$26,590

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. The total tuition and fees for students attending Martin Luther College come out to be around $15,870 per year. In addition, the students will be needed to pay an average expense of $800 for books and supplies, $6,260 toward room and boarding, and $4,300 for different other expenses in a year. Therefore, the estimated cost of attendance for one year at MLC is around $27,230, as per the available information.

Average Net Price by Family Income

Net Price

$19,244

Family Income

Avg. Net Price

$0 to $30,000

$15,018

$30,001 to $48,000

$15,489

$48,001 to $75,000

$16,656

$75,001 to $110,000

$20,795

$110,000+

$23,809

The net price of attending Martin Luther College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. Simply put, the family income of the candidate is a key factor in determining the net amount. At MLC, the average net price is estimated to be $20,154. For students with a family income below $30,000, the estimated net price is $17,222, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $16,451. Meanwhile, the net price stands at $17,026 for the $48,001-$75,000 income bracket and at $21,765 for an income between $75,001 and $110,000. This amount adds up to $25,084 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$55,288

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$574

Total interest paid

$13,564

Sum of Loan Payments

$68,852

To have a realistic understanding of how much it will cost to study at Martin Luther College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $55,288 for example. This will result in a $6,885 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $68,852 which is $13,564 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$15,410$15,410
Room & Board Cost$6,080$6,080
Total Tuition & Fees$21,490$21,490

At Martin Luther College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $15,870 per year. They would also be required to pay around $6,260 for their room and boarding expenses. In this way, for one year, the total cost for undergraduate students comes to around $27,230.

Graduate Tuition and Fees

In-stateOut-State
Tuition$5,400$5,400
FeesN/AN/A

As for the students looking to enroll in postgraduate programs at MLC, the tuition and fees they are charged add up to $5,400 per year. Notably, no graduation fee is collected from the students at Martin Luther College.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$310
Undergraduate2018 - 2019$325

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Martin Luther College varies for graduate and undergraduate courses. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $90 and for undergraduate courses, it stands at $122. Also, Martin Luther College currently offers a number of online courses to students across 17 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$6,080$6,080
Other Expense$4,300$4,300
Book & Supplies$800$800

As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at MLC. To note, students have to pay $10,560 per year toward these facilities. On the other hand, the room and board charges that the students have to pay total around $6,260 per year. Coming to the books and supplies charges, the students will be required to pay an amount of $800. Apart from these, the other expenses that a candidate needs to plan for add up to around $4,300.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$6,080

Off Campus

$6,080

Housing & Other Expenses

Other Expenses

On Campus

$4,300

Off Campus

$4,300

Housing & Other Expenses

Book & Supplies

On Campus

$800

Off Campus

$800

As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at MLC. To note, students have to pay $10,560 per year toward these facilities. On the other hand, the room and board charges that the students have to pay total around $6,260 per year. Coming to the books and supplies charges, the students will be required to pay an amount of $800. Apart from these, the other expenses that a candidate needs to plan for add up to around $4,300.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters NA $325
Undergraduate Certificate NA $325

Martin Luther College offers 7 online programs across 3 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Martin Luther College is around $137,379 as per official data. For undergraduate students, the total expenses added up to $20,154 in 2018-2019, $19,244 in 2017-2018, and $18,503 in 2016-2017.

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