Financial Facts
2011-2012 Finances
COST TO ATTEND LUTHER SEMINARY
| Tuition |
15,000 |
| Room and Board |
6,120 |
| Books and Fees |
2,000 |
| Transportation |
3,000 |
| Misc. Personal |
6,750 |
| Total |
$32,870 |
unrestricted operating income (millions)
|
Private Gifts, Grants and Releases
|
8.3 |
| Tuition and Fees |
6.3 |
Endowment
|
3.5 |
| Auxiliary Enterprises |
3.1 |
| Churchwide & Synod Support |
1.8 |
Total Income
|
$23.0 |
|
|
|
UNRESTRICTED OPERATING EXPENSES (millions)
|
| Student Instruction |
9.1 |
| Institutional Support |
7.5 |
| Scholarships |
2.7 |
| Auxiliary Enterprises |
2.4 |
| Physical Plant & Maintenance |
2.9 |
| Student Services |
1.5 |
Academic Support
|
1.0 |
| Total Expenses |
$27.1 |
| Note: This year, operating expenses include non-cash expenses for items such as depreciation and reserves for asbestos abatement. |
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