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Students gather in Olson Campus Center coffeeshop

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Seminary Relations
2481 Como Ave.
St. Paul, MN 55108-1496

Financial Facts

The fiscal health of Luther

2017-2018 finances

Cost to attend Luther Seminary

  Tuition      $17,000
  Other $20,390
  Total $37,390*

* Reflects the cost for students living off campus and reflects the 2017-18 academic year.

Operating Income pie graph

Unrestricted Operating Income (millions)

 Donor Support $5.82
 Endowment Draw $3.99
 Net Tuition and Fees  $2.54
 Churchwide and Synod Support $1.70
 Auxiliary Enterprises $1.01
Total income $15.07


Operating expenses pie graph

Unrestricted Operating
Expenses (millions)

 Institutional Support $5.65
 Student Instruction $5.31
 Physical Plant and Maintenance $2.75
 Academic Support $1.09
 Student Services $0.93
 Auxiliary Enterprises $0.70
Total expenses $16.43



Total market value (as of 6/30/18)*  $104.8 million
Investment returns   1-year 7.7%
3-year 6.4%
5-year 7.6%

* Includes $571,429 invested by the endowment into Luther Seminary