Financial Facts
2011-2012 Finances
COST TO EDUCATE A STUDENT AFTER DONOR SUPPORT. The average student receives $6,483 per year in scholarships and grants. As the sample student budget below shows, this leaves a significant gap for students to fill.
| Tuition |
14,000 |
| Room and Board |
6,120 |
| Books and Fees |
2,000 |
| Transportation |
3,000 |
| Misc. Personal |
6,750 |
| Total |
$31,870 |
How Luther Seminary Is Financially Supported (millions)
|
Private Gifts, Grants and Releases
|
10.8 |
| Tuition and Fees |
5.7 |
Endowment
|
3.0 |
| Auxiliary Enterprises |
3.0 |
| Churchwide & Synod Support |
1.6 |
Total Income
|
$24.1 |
|
|
|
How Luther Seminary Spends Its Money (millions)
|
| Student Instruction |
8.8 |
| Institutional Support |
6.8 |
| Scholarships |
2.8 |
| Auxiliary Enterprises |
2.4 |
| Physical Plant & Maintenance |
1.4 |
| Student Services |
1.2 |
Academic Support
|
0.7 |
| Total Expenses |
$24.1 |
 |
|
