Olson Campus Center

Contact us

Seminary Relations
2481 Como Ave.
St. Paul, MN 55108-1496
651-641-3448
1-888-3LUTHER

Financial Facts

The fiscal health of Luther

2013-2014 finances

Cost to attend Luther Seminary

  Tuition      $15,000
  Other $21,473
  Total $36,473*

* Reflects the cost for students living off campus

Operating Income

 

Unrestricted operating income (millions)

 
Private gifts, grants and releases $9.83
Tuition and fees $6.05
Endowment $3.51
Auxiliary enterprises $2.02
Churchwide and synod support $1.7
Total income $23.11

 

Operating expenses

Unrestricted operating 
expenses (millions)

 
Student instruction $5.98
Institutional support $6.45
Scholarships $2.76
Auxiliary enterprises $1.75
Physical plant and maintenance $2.99
Student services $1.42
Academic support $1.46
Total expenses $22.81

 

Endowment

Total market value (as of 6/30/13)*   $86.96 million
Investment returns 1-year 15.74%
  3-year 7.53%
  5-year 11.08%

* Includes $7 million due from Seminary to the Endowment