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Check out these useful articles published by the Journal of Lutheran Ethics about finances in our times.
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.
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.
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.
- 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.
Email firstname.lastname@example.org or call Rachel Brocker Associate Director of Admissions and Financial Aid, at 773-256-0726.
The Gift of God’s Desire
As you deliberate, be aware that you are not anticipating an insight into the most cogent thing for you to do. Nor are you awaiting some mystical message from God saying “Do X, not Y.” The decision process is simply to beg for a desire, springing from love for God, about known alternatives. . . . Beg God to move within you, giving you desire in such a way that it motivates your choice and endures as you live out your choice, no matter what practical difficulties you may encounter.
—Tad Dunne, Spiritual Exercises for Today:
A Contemporary Presentation of the Classic
Spiritual Exercises of Ignatius Loyola
(HarperSanFrancisco, 1991), 157, 158