Grants-In-Aid/ Scholarships
The seminary has funds available for grants-in-aid/scholarships from various sources. A major source is earnings from the investment of bequests and gifts. Additional sources are gifts from individuals and congregations. Upon recommendation of the Financial Aid Committee, the faculty awards grants-in-aid and scholarships in October and February. The governing board reviews the grants in its fall and winter meetings. Declared financial need is the basis of determining grant recipients. Academic achievement and campus service are the primary factors considered in the selection of scholarship recipients. In recommending grant recipients and amounts, the financial aid committee invites student applications and well-founded student recommendations. In a typical school year a strong majority of our student body (about 90%) receives financial assistance from school funds. In addition to this, students are eligible to apply for grants from the Salem Lutheran Foundation. Members of congregations in the state of Wisconsin can also apply for grants through their congregation from the Siebert Lutheran Foundation. For students with demonstrated financial needs, financial assistance derived from all sources will, on average, cover the cost of tuition. Single students with minimal needs typically receive somewhat less than this while married students with children typically receive more than this.
