Student Accounts

Charges for tuition, fees and any other costs associated with seminary enrollment will be invoiced to a student’s account the day following the add/drop date for that semester or term. Fall semester payment is due by October 15th; Winter term and Spring semester payments are due by April 15th. If a student is on a payment plan, payments are due on the 15th of each month. Payment plans should be arranged in the Business Office prior to the due date.

All financial aid received from Luther Seminary (grants, scholarships, and loans) will be applied to a student’s account the day after charges have been assessed. For those students receiving federal loans, an email will be sent to each student advising when the funds have been posted and providing instructions on the next step to take.

Students may request the Business Office to withhold funds for future charges to be made against a student account. This can be accomplished by completing an Authorization form to be obtained from the Business Office. Students must contact the Business Office within 10 days of the date of the email if they want the Business Office to withhold funds for future charges. Failure to contact the Business Office within 10 days will result in a check for all overage funds being issued to the student on the 11th day and mailed to the address on record.

To register for classes for the next term, a student account must have a zero balance. As soon as charges and payments are applied to accounts as noted above, holds will be placed on accounts with an outstanding balance and students will be notified via email. A student is responsible for ensuring that there is no outstanding balance on their account before registration occurs. To view your student account and learn how to pay your account online, login to MyLutherNet, click on Finances, click on Course and Fee Statement, and then click on My Account Balances, then click Make a Payment.

Instructions are outlined in this Google document: https://drive.google.com/file/d/148UTX5GL3xT45YZsPkJF08p-epsfeONO/view

A student’s registration is not complete until satisfactory arrangements have been made with the Business Ofﬁce for payment of tuition, housing, and all other charges.

Satisfactory arrangements include any combination of the following:

1. Payment of all charges in full;

2. Student aid awarded by Luther Seminary applied to your account;

3. Completed application for a Direct Loan; and

4. Documentation of future payments to be made directly to Luther Seminary by an outside source, such as a letter from the student’s home congregation stating the date and amount of tuition or other charges to be paid by that congregation.

Registration for succeeding academic semesters or units of study is not permitted, and current registrations are cancelled until all amounts previously owed have been satisﬁed as explained above.

A financial hold will be placed on a student’s record when their account is not paid. This hold will restrict a student’s registration until the account is paid in full (allow 24 hours for the hold to clear off the record once payment is made) or sufficient arrangements have been made for payment (the hold remains on the student record; the Registrar’s Ofﬁce will manually process the student’s registration). A hold will prohibit a student from registering online on MyLutherNet. When a student leaves Luther Seminary for any reason, failure to pay their account in full may result in the account being turned over to a collections agency.

Financial Policies