The fiscal health of Luther
2018-2019 finances
Cost to attend Luther Seminary |
||
| Tuition | $18,000 | |
| Total | $40,942* | |
* annually for full-time M.Div. study, living expenses and books
Unrestricted Operating Income (millions) |
|
 Donor Support |
$8.2 |
 Endowment Draw |
$4.1 |
 Churchwide and Synod Support |
$1.6 |
 Net Tuition and Fees |
$1.4 |
 Auxiliary Enterprises |
$1.0 |
| Total income | $16.5 |
Unrestricted Operating
|
|
| Institutional Support |
$6.4 |
| Student Instruction |
$5.2 |
| Physical Plant and Maintenance |
$2.1 |
| Academic Support |
$1.1 |
| Student Services |
$0.8 |
 Auxiliary Enterprises |
$0.6 |
| Total expenses | $16.4 |
Endowment |
||
| Total market value (as of 6/30/19)* | $109.1 million | |
| Investment returns | 1-year | 7.35% |
| 3-year | 6.22% | |
| 5-year | 7.6% | |
* Includes $428,572 invested by the endowment into Luther Seminary