Financing Your Education

The Lutheran School of Theology at Chicago is committed to providing financial assistance to students who have been admitted and who demonstrate financial need. Funding from synods, the ELCA Vocation and Education Unit, congregations, donors and distributions from the endowment helps keep tuition affordable and provides generous financial aid grants.

LSTC's financial aid and loan policy reflects its commitment to helping you follow your call to service as a teacher, pastor, diaconal minister, social worker or other professional. Eighty percent of LSTC students receive financial aid.

While LSTC is part of the William D. Ford Direct Loan Program, we first work with students to help them seek other sources of funding which, in many cases, make loans unnecessary.

It is important to note that we refer to the financial aid program and the loan program separately and do not package loans with your financial aid grant from LSTC.

God's blessings in this time of discernment and call.

Helpful Reminders

• New incoming students should apply for financial aid at the same time they are applying for admission to their academic program.
• Near the end of the first year of studies, students must re-apply for financial aid by filling out a new financial aid application that reflects their financial situation for the upcoming year.
• During the internship year, a student does not pay tuition, therefore, no financial aid is awarded (a student may still take out a loan if necessary) and a financial aid application is not needed for this year.
• The April before the last year of study, students again re-apply for financial aid by filling out a new financial aid application.
• All students applying for financial aid are required to complete a FAFSA (Free Application for Federal Student Aid).

Questions?

Contact Dorothy C. Dominiak, director of financial aid and admissions at ddominia@lstc.edu or 773-256-0726.