College · Private nonprofit · New Ulm, MN · Town
Martin Luther College
New Ulm, MN
Religious affiliation
Admit rate87%
6-yr median pay$41k
Net price / yr$18k
Undergrad size725
§ I · The real read
What it's actually like.
The bet
Net price of $18k/yr for a shot at a $41k first-5-year salary. Math out whether that works for you — it does for some people, not for others.
Getting in
Admit rate of 87% means this is workable if your grades and essays are solid. Admitted students average SAT 1090 · ACT 24.
If you get in
725 undergrads. Tiny. Every professor will know your name.
Where you live
Town setting — self-contained, social life mostly on campus.
§ II · Cost & aid
Sticker vs. real.
Sticker cost of attendance is $29k/yr. After need-based aid, the average student pays $18k/yr. Merit aid varies. Run your EFC calculator before you rule anything out.
Sticker · 4 yrs$117k
Before any aid.
Net · 4 yrs$74k
What the average student pays.
Typical aid$43k
Difference over 4 years — higher for lower-income households.
Payback1.8x
4-yr net price ÷ first-5-year salary. Lower is better.
Where the money goes · annual sticker.
- Tuition · in-state
- $18.1k
- Room & board
- $7.9k
- Books & supplies
- $500
How students pay for it.
Pell grants27%
Share of undergrads on federal Pell grants.
Federal loans68%
Share taking out federal student loans.
Median debt · grads$20k
What the median student owes at graduation. Non-completers: $7k.
3-yr default0%
Low — grads tend to pay on time.
§ III · Outcomes
Do people finish? Do they land?
Graduation · 6 yr72%
Majority finish.
6-yr median pay$41k
Cross-major. Your major's number can be very different.
10-yr median pay$47k
Ten years out — where grads tend to land career-wise.
Transfer out0%
Share of full-time students who transfer to another school.
§ IV · Campus & identity
Setting, size, and who this school is.
- Setting
- Town
- Control
- Private nonprofit
- Undergrad size
- 725
- Location
- New Ulm, MN
- Region
- Plains (IA, KS, MN, MO, NE, ND, SD)
- Carnegie class
- Associate's Colleges: High Career & Technical · Mixed
- Size & setting
- Four-year · very small · highly residential
- Undergrad program
- Four-year · full-time, selective, lower transfer-in
- Accreditor
- Higher Learning Commission
- Also known as
- MLC
Identity
Religious affiliation
§ · Who studies here
The student body at a glance.
- White90%
- Two or more races3%
- International2%
- Hispanic2%
- Black2%
- Asian1%
- Unknown1%
Part-time17%
Mixed full-time and part-time.
Median family income$61k
Of enrolled students' households — useful for aid context.
§ V · Majors offered here · 7
What you can study.