Charges for tuition, fees, on campus rent for the semester and any other costs will be invoiced to a student’s account at the beginning of the term and adjusted if necessary the day following the add/drop date. All financial aid received from Luther, (grants, scholarships, and loans) will then be applied to a student’s account the day after charges have been assessed. Exception: J Term charges will be assessed at the beginning of the J Term, however, aid will be combined with and applied at the same time as Spring term aid. For those students receiving federal loans, an email will be sent to each student advising when the funds have been posted.
If a student is eligible for distribution (refund) of overage funds (received from grants, institutional funds, loans or outside support), a check will automatically be issued and mailed to the student address on file on the 11th calendar day after funds are received. An email can be sent to the Business Office, email@example.com., before the 10th day if the following applies: 1) funds are needed before that date, 2) request that funds remain on account for future charges* or 3) the check is to be sent to a different address (interns). If any or all loan funds are to be returned to the holder of the loan, an email must be sent to the financial aid office at firstname.lastname@example.org. * All accounts with a credit balance will be cleared and any overage of funds will be distributed to the student before the end of the fiscal year, or June 30th.
If a student has a balance owing on an account and s/he is requesting a payment plan, s/he must make arrangements with the Business Office for this to be approved. This includes monthly rent payments. A resident student must visit the Business Office in person. An intern or DL student can contact the Business Office via email.
In order to register for classes for the next term, a student account must reflect a zero balance or have an approved repayment plan in place. As soon as charges and payments are applied to accounts as noted above, holds will be placed on accounts with an outstanding balance and students will be notified via email. A student is to assume the responsibility to ensure there is not an outstanding balance on their account before registration occurs. To view your student account and learn how to pay your account online, log in to MyLuthernet, click on Resources, click on Helpful links, and then click on My Bill Pay.
If a student is expecting outside support (congregation/synod, etc) for expenses incurred at Luther Seminary, understand this is an arrangement between the student and them; Luther is a third party only, therefore, payment is expected as specified above.
Textbooks cannot be purchased at the Luther Seminary bookstore; all purchases must be done online. Books may be purchased at http://luthersem.textboox.com, amazon or other sites. You are expected to pay for these books in advance of class, using personal resources. If receiving financial aid, the reimbursement for these books will be part of the overage of funds distributed on the above dates. No book vouchers are available and you will not be able to charge against your student account.