Affording a private college
A college education represents a significant investment on the part of families and students, and the ELCA institutions are committed to helping every admitted student afford a Lutheran experience. We do this by leveraging resources wherever they exist:
- Institutional grants and scholarships do not have to be paid back and are funded through gifts by alumni and other friends of the colleges. Collectively, these represent the largest dollar amount of aid given to our students.
- Federal grants (also known as Pell Grants) are provided by the federal government and do not need to be paid back.
- State grants (where they are available) also do not need to be paid back.
- Loans are available to students and parents. Some are backed by the government, some offered through private companies. Our individual colleges will help you determine which might be the best to help defray the immediate costs of college.
- Student work often occurs on campus and allows students to earn the money they need for expenses incurred throughout the year. We need help with everything from the library to timing track meets.
- Outside scholarships from a variety of sources. Churches, employers, local organizations and even insurance companies provide scholarships and grants for students. We encourage you to research these opportunities.
- Four-year graduation savings can be substantial. When you are calculating the cost of an education, be sure to distinguish between the cost per year and the cost of the entire experience.
Call us! We always encourage parents and families to contact the admissions offices at any of our colleges with questions about financial aid and affording college.