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

2015-2016 finances

Cost to attend Luther Seminary

  Tuition      $16,000
  Other $19,578
  Total $35,578*

* Reflects the cost for students living off campus

Operating Income

Unrestricted operating income (millions)

 
 Private gifts, grants and releases  $7.41
 Tuition and fees  $5.14
 Endowment  $3.73
 Auxiliary enterprises  $1.25
 Churchwide and synod support $1.64
Total income $19.17

 

Operating expenses

Unrestricted operating 
expenses (millions)

 
 Student instruction $5.40
 Institutional support $5.66
 Scholarships $2.09
 Auxiliary enterprises $0.94
 Physical plant and maintenance $2.78
 Student services $1.50
 Academic support $1.38
Total expenses $19.75

 

Endowment

Total market value (as of 6/30/16)*  $87.1 million
Investment returns   1-year -0.87%
3-year 5.75%
5-year 4.89%

* Includes $857,000 invested by the endowment into Luther Seminary