CTSFW

Concordia Theological Seminary – Fort Wayne, IN

CTSFW

Concordia Theological Seminary – Fort Wayne, IN

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The Cost – By the Numbers

One concern for many of our future students is the cost of seminary education. At CTSFW, we’re aware of the strain that student loan debt can place on our graduates, and we’re working with districts, congregations, and synod to solve that problem. One piece of that solution is doing everything we can to keep costs low, to make sure you’re getting value for your money, and to find the best sources of financial aid to care for you and your family.

We know you have two options for seminary in the LCMS. While cost is often the least important factor in choosing a seminary, we nonetheless want you to know that by choosing CTSFW for your pastoral journey you will pay less and receive more. It’s just one more way we work to care for our students.

(All numbers are current as of the 2015-16 academic year.)


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Cost of Living Comparison

Item CTSFW CSL
Groceries 12% less
Housing 4% less
Utilities 19% less
Transportation 1% less
Health Care 10% less

Based on comparing St. Louis, Missouri, with Fort Wayne, Indiana, at CNN/Money’s cost of living calculator.

1. Tuition Costs


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Credits for an M.Div. Degree

CTSFW:  139 (136 classroom credits, 3 vicarage credits)

CSL: 137 (119 classroom credits, 18 vicarage credits)


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Total Tuition Cost Before Grants

CTSFW:  $82,566

CSL: $92,475

2. Grant in Aid


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Grant in Aid Percentage

CTSFW:  up to 55% 1

CSL: 25%

1 Based on need. Most (90%) CTSFW students receive the full grant. Those who do not qualify can apply for a 40% minimum grant.


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Total Cost of Classroom Tuition After Grant

CTSFW:  $37,154.70

CSL: $69,356.25

3. Room and Board


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Annual Room and Board per Year (3 Quarters) 

CTSFW:  $9,945 (Private room)

CSL: $7,800 (Private room)


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Total Cost of Tuition and Room and Board for 3 Years

CTSFW:  $66,989.70

CSL: $92,756.25

4. Amount Saved


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Amount Saved Over 3 Years at CTSFW

$25,766.55

(And you get 17 more credit hours of classroom time!)

Sources


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