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What does it cost to go to seminary? The cost for
seminary is based on tuition, books, living expenses,
transportation, student health insurance and other miscellaneous
expenses you may have during the time it takes for you to complete
your degree. At Luther Seminary tuition is charged on a per
course basis ($1100/course for the 2008/2009 academic year).
Most degree programs require 18-30 courses for completion.
Living expenses vary based on indivividual need and preference.
On-campus housing, in Bockman Hall for single students or in a one,
two, or three bedroom seminary apartment, range from $328-$830/month
for the 2008-2009 academic year. Click here for more
information.(Current
costs may be found here) Who can help me pay for seminary?
Paying for seminary can be overwhelming, but remember your're not
doing this on your own. Luther Seminary has several options to
keep your costs low through its scholarship and grant programs.
In addition to the funds available through Luther Seminary, we
encourage each student to invite his/her home congregation and home
synod or adjudicatory to partner in paying for seminary. It is
common for a congregation to support a seminary student with prayer
and financial support. While work and study requires a
delicate balance fo time, it is common for students to work an
on-campus or off-campus job while taking courses. Luther
Seminary also keeps a list of scholarships that some of our students
have received. (Current outside
scholarships) Where do I find scholarships? Luther
Seminary offers several scholarships as well as keeps a list of
scholarships that some of our students have received. (Click
here for more information) How do I apply for financial aid?
For most students the application process consists of two steps. The first, which everyone must complete,
is the Luther Seminary Financial Aid Application.
The second, if you want to be considered for any type of loan, would
be to complete the Free Application for Federal Student Aid (FAFSA).
Further Details can be found at:
Application Process Do I have to complete the FAFSA
to receive aid at Luther Seminary?
If you want to be considered for Federal Student Loans or the
Luther Seminary Mourer Loan you must complete the FAFSA. Even
if you are not considering student loans we still recommend that you complete the FAFSA. Your situation
may change over the course of the year, and when we have a completed
form we can respond more quickley than starting from scratch.
Further, our office receives gifts throughout the year
designated to students with high need. If we have the
FAFSA information we can compare your situation to other similar
students. Our advice is to always complete the FAFSA.
Complete FAFSA
Now!
When/how do I receive my financial aid money?
Luther Seminary typically pays students their
grant/scholarship/loan funds approximately one month into each
semester. If a student completes their financial aid
application after we have paid for the term, then they would
usually receive their aid approximately a week after their aid.
Payments from congregations and other sources are applied to student
accounts as they come in. Typically the business office
requires any outstanding balances to be paid before they will
release funds to a students. Luther Seminary
grants/scholarships and all loans are applied directly to student
accounts. Typically the business office requires any
outstanding balances to be paid before they will release funds to a
student. What if I run short
before I receive my financial aid?
Luther Seminary offers a Short Term Loan for this type of situation.
Students may request a Short Term Loan from the Office of Financial
Aid. These are no-fee, no-interest loans that must be repaid
prior to graduating or leaving school. A student may request
up to $1500. The application is
available on-line or may be picked up in the Office of Financial
Aid. Short Term Loan checks are cut each Wednesday.
Applications must be completed by noon Tuesdays in order to be ready
the next day. Due to staffing changes, vacations, etc, this
schedule may change without notice. Please check with the
Office of Financial Aid for current deadlines. The Short Term
Loan Application can be found
here. How do
I defer my student loans? Most lenders require that you be
enrolled at least half-time to defer your student loans. At
Luther Seminary, taking 1.5 coureses/semester or more, attending CPE,
Internship will qualify you for a deferment. To defer your
student loan, contact yoru lender to request a deferment form.
Luther Seminary does not participate in the federal student loan
clearinghouse.
Work in progress
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