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65.5%Acceptance
$30,020Tuition
1,721Students
72%Grad Rate (6-yr)
$59,317Earnings
#15 in MinnesotaPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24Evangelical Lutheran

Cost Details

In-State Tuition
$30,020
Out-of-State Tuition
$30,020
Average Net Price
$25,651
Students Receiving Financial Aid
19.8%
Room & Board (On Campus)
$11,880
Room & Board (Off Campus)
$11,880
Books & Supplies
$900
Total Cost of Attendance
$42,800
Median Debt at Graduation
$26,847
Estimated Monthly Loan Payment
$285/mo
Loan Repayment Rate
84.9%
Students Taking Federal Loans
56.7%
Pell Grant Recipients
19.8%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $20,609
$30,001 – $48,000 $18,518
$48,001 – $75,000 $21,948
$75,001 – $110,000 $26,257
$110,001+ $29,795

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Families at this Lutheran liberal arts college pay far less than the $42,800 sticker price. The average net cost is $25,651 after aid. Low-income families ($0-30K) pay just $20,609, while middle-class families ($30-48K) get the best deal at $18,518. Wealthy families ($110K+) still pay $29,795. Over four years, most students face around $102,600 in total costs.

Graduates carry $26,847 in median debt, translating to $285 monthly payments. With median earnings of $59,317 ten years out, this debt burden stays manageable. The 84.86% loan repayment rate suggests most Cobbers handle their payments successfully. Only 57% of students take federal loans, indicating many families can afford the costs without borrowing heavily.

Middle-class families earning $30,000-$48,000 get the sweetest deal here, paying less than even the lowest-income bracket thanks to generous institutional aid averaging $17,756.

Official Net Price Calculator

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