2008-2009 Tuition and Fees

General

The goal of Michigan Lutheran Seminary and the Wisconsin Evangelical Lutheran Synod (WELS) is that every student be given the opportunity to prepare for the ministry, regardless of family financial circumstances.

Parents and the WELS share the cost of attending Michigan Lutheran Seminary. The synod bears a portion of the cost since MLS exists to encourage young people to enter the full-time preaching and teaching ministry.

MLS tuition, room, board, and incidental fees are set annually by the governing board. All changes are subject to revision as economic conditions warrant.

Payments

Payments may be made on an annual, semester, or 10- month schedule, with the balance paid in full by the end of the school year.

Charges are to be paid-in-full and on time.

The first payment is due by August 19, 2008. The remaining payments are to be paid by the 25th of each month, September through May. Statements will be mailed or e-mailed sufficiently in advance to allow payment by the 25th.Incidental fees are to be paid promptly during the year as incurred.

Methods of Payment

The preferred method of payment is by EFT (electronic fund transfers), as this is a cost-effective method for the school. Electronic fund transfers can be taken directly from a savings or checking account. For the 2009-2010 school year, EFT payments will become mandatory. Currently we will accept cash, check, VISA, MasterCard, and Discover credit cards. Requests to use credit cards must be made in writing (e-mail will suffice).

Discounts

There is a 3% annual discount or 2% semester discount for prepayment of tuition, room, and board fees if paid with cash, check, or EFT.

Delinquent Accounts

It is the policy of MLS and the synod that accounts are to be paid in full and on time. Parents with financial difficulties are to contact the business manager BEFORE a financial obligation falls past due. The business manager and president may make arrangements for special circumstances. Personal information is kept confidential.

Accounts past due are charged interest at the prevailing rate on the balance due. The rate is presently 7% per year or 0.58% per month.

MLS charges $20 for checks, EFT, or credit cards returned for non-sufficient funds. We will also pass on any bank charges that incur because of this.

A student with a delinquent account who has not made special arrangements with the business office is subject to suspension and/or termination of enrollment by the president. A student may not be readmitted for a new semester if an account is delinquent and satisfactory arrangements with the school have not been made. A student may not attend any pre-school athletic camp, and automobile privileges are revoked when a student's account falls delinquent.

Note: Graduates and students who leave MLS, are issued a transcript only when their accounts are paid in full.

Past due accounts may be assigned to an outside agency for collection. A senior must have all financial obligations paid in full in order to receive a diploma at graduation.