What's New

What's new in Financial Aid?

Information on this page will change regularly to account for new happenings in financial aid.

  1. The Financial Aid Office is excited to announce the launch of GradReady.  This money management website allows students to learn more about topics like credit, student loans and identity theft.
  2. Several new scholarship opportunities have been posted to the Scholarships from Outside Sources page.
  3. Please check the "My Documents" link on my.luther.edu to make sure that all necessary financial aid documents have been submitted to the Financial Aid Office.
  4. The interest rate on Federal Stafford Loans borrowed between July 1, 2014 and June 30, 2015 will be fixed at 4.66%.  Federal Parent Loans (PLUS) borrowed for the same time period will have a fixed rate of 7.21%.