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

2014-2015 finances

Cost to attend Luther Seminary

  Tuition      $15,500
  Other $19,578
  Total $35,078*

* Reflects the cost for students living off campus

Operating Income

Unrestricted operating income (millions)

 
 Private gifts, grants and releases  $7.99
 Tuition and fees  $5.72
 Endowment  $3.62
 Auxiliary enterprises  $1.40
 Churchwide and synod support $1.65
Total income $20.38

 

Operating expenses

Unrestricted operating 
expenses (millions)

 
 Student instruction $5.33
 Institutional support $6.36
 Scholarships $2.19
 Auxiliary enterprises $1.5
 Physical plant and maintenance $2.87
 Student services $1.52
 Academic support $1.48
Total expenses $21.25

 

Endowment

Total market value (as of 6/30/15)*  $89.37 million
Investment returns   1-year 3.04%
3-year 10.02%
5-year 8.87%

* Includes $1 million invested by the endowment into Luther Seminary