GrantsLuther Grants are granted to students demonstrating financial need. These funds are provided by the college and are underwritten by gifts from Luther alumni to help ensure that current students receive the same kind of financial support and positive educational experience as the alumni. Awards vary and are based on ability, need, and fund availability. Recipients must be enrolled full-time (12 hours) at Luther College and be in good academic standing. Federal Pell Grants provide assistance to the most needy college students. Recipients must be U.S. citizens, or eligible non-citizens, and be in good academic standing at Luther. Grants range from $600 to $5,550 per year. Renewal is based on continued eligibility as determined by a federal eligibility formula and maintenance of satisfactory academic standing. Supplemental Educational Opportunity Grant provides assistance to needy college students. Recipients must be U.S. citizens, or eligible non-citizens, enrolled at least half-time (6 hours) per semester at Luther and in good academic standing. Grants range from $100 to $2,000 per year. Renewal is based on continued eligibility as determined by a federal eligibility formula and maintenance of satisfactory academic standing. Iowa Tuition Grants are available to residents of Iowa attending Luther who qualify on the basis of financial need. These grants are designed to help equalize the tuition difference between public and private schools in Iowa. Recipients receive up to $4,000 each year for a maximum of eight semesters. Students must be enrolled in good academic standing, full-time (12 hours per semester) for a full grant or part-time (3 hours per semester) for a partial grant. Renewal is based on satisfactory academic performance and continued financial need, as determined by the Iowa College Aid Commission. |