Forbes recognizes Luther College as one of the nation’s best private schools for financial aidForbes has named Luther College to its list of “25 Private Schools with Generous Financial Aid,” part of Forbes’ annual top colleges ranking. Luther is among the 20 colleges on the Forbes list that offer financial aid to 100 percent of its students. For the fall 2024 entering class, the average need-based financial aid offer was $51,868 — approximately 80% of tuition, fees, room and board. Since 2022, Luther College’s Impact Award has paid full tuition for four years for qualifying students. More than 65 high-achieving students from families with demonstrated financial need have benefitted from the Luther College Impact Award.