LCMS Convention Workbook St. Louis, Missouri — 2004, Page 88

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88 SYNODICAL REPORTS

Scholarships and Financial Aid by Institution
For the Three Years Ending June 30, 2003

Total Estimated

Financial Financial Financiat FTE Students Average

institution Aid FY 01 Aid FY 02 Aid FY 03 Fall 2002 Aid FY 03

Ann Arbor S$ 2.207.087 $ 2.377.717 $ 2,187,587 508 $ 4,306
Austin 2,223,481 3,306,753 3,762,021 806 4,668
Bronxville 2.854.800 3,443,210 3,792,463 603 6,289
Irvine 6.635.878 6,752,691 7,442,214 1,447 5,143
Mequon 8,221,567 10.483, 176 10,633,879 3,904 2,724
Portland 4,510,691 4.484,551 4,854,161 944 5,142
River Forest 5,353,346 6,685,649 7,712,761 1,383 5,577
St, Paul 4,840,546 5,338.484 5,433,077 1,765 3,078
Selma 1,911,813 2.402.377 2,532,167 825 3,069
Seward 6.525.333 7,368,126 7.847.134 1,300 6,036
Subtotal $ 45,284,542 $ 52,642,734 $ 56,197,464 13,485 $ 4,167

Ft Wayne S$ 2,253,659 $ 2.127639 $ 2.309.789 337 $ 6,854
St. Louis 4,320.246 5.933.080 6,105,147 553 11,040
Subtotal $ 6,573,905 $ 8,060,719 $ 8,414,936 890 $ 9,455

Total/Avg $ 51,858,447 $ 60,703,453 _$ 64,612,400 14,375 $ 4,495

Church Worker Financial Aid by Institution
Awards for the Year Ending June 30, 2004

Church Work Number of Estimated

Institution Aid Total Churchworkers Avg. Aid % Total Tultion
Ann Arbor $ 1,237,185 180 $ 7,355 43%
Austin 4,027,752 115 8,937 58%
Bronxville 579,900 58 9,998 54%
Irvine 2.114,175 224 9,438 53%
Mequon 4,366,214 469 9,300 59%
Portland 647,661 60 10,576 61%
River Forest 4.173594 525 8.695 48%
St.Paul © 1,786,464 196 9,115 49%
Selma 114,086 15 7,605 100%
Seward 4,079,621 626 6516 41%

Subtotal $ 20,126,652 2,468 $ 8,155 57%
Cuenet $ 43,500 182 $ 239
Ft. Wayne $ 1,644,632 222 $ 7,408 71%
St. Louis $5,100,187 514 9,922 75%

Subtotal $6,744,819 736 $ 8,665 73%
Total/Avg $ 26,871,471 3,204 $ 7,994 59%

Institutional Endowment Funds
For the Three Years Ending June 30, 2003

$120,000
ry $95,435
& $100,000 $82,436 $86,337 :
2 — $80,000 . .
£ $60,000 $45,010 $46,468 $49,523
3 $40,000 ° °
< $20,000 .

$-
2001 2002 2003

¢ Colleges & Universites * Seminaries

Institutional Operations Summary

During the past three years the Board for Higher Education fo-
cused attention on cooperation among the campuses, collaboration
with related educational support groups, and a renewed commit-
ment to enhancing the spiritual life of both students and faculties on
each campus. While these objectives are difficult to measure with
Statistical accuracy, it is evident in the life of the institutions (col-
leges/universities/seminaries) that cooperation in planning, opera-
tional procedures, and mutual support continue to characterize
campus life. The effect of this cooperative spirit is evidenced by
both public recognition for the LCMS system of higher education
and generous financial support of the underlying activities.

In addition it must be said the past three years were a signifi-
cant challenge to the operation of the institutions. The economic

2004 Convention Workbook

downtum in American society reduced available earnings from en-
dowment funds to support student financial aid. At the same time
the institutions continued to provide approximately $27 million in
financial assistance to students annually. However, our educational
institutions managed their operations efficiently enough to sustain
the downturn. The latest financial reports from the institutional au-
dits indicate that the educational institutions have met the economic
challenge.

The BHE/CUS Board authorized a study of the future of colle-
giate education. A think tank group participated in a four-phase
study of what the future of higher education in the LCMS can and
should be. The think tank recommendations include maintaining
the present 10 colleges/universities as regional institutions, in-
creasing the number of Board of Regent appointees as members of
the Board of Regents, establishing a set of criteria (absolutes) that
each institution must annually fulfill as an educational institution
of higher learning in the LCMS centered around four categories:
(1) Christ Centered and Lutheran; (2) Church Work Programs; (3)
Quest for Quality; and (4) Ongoing Viability. The BHE/CUS
Board, after careful study, adopted these recommendations and has
presented them in a memorial to the convention.

The BHE/CUS Board is pleased to share with the members of
the LCMS that the operational expenses of the institutions are sup-
ported by tuition and gift revenue and all capital indebtedness is
amortized within prescribed limits. Overall enrollment has in-
creased 7 percent during the past three years. Student enrollment
for those preparing for ministry at the colleges and universities re-
mains steady.

More important than the numbers and measurable results is the
dedication and commitment of faculties and staffs to serve the
LCMS in this special educational ministry. Preparation of church
workers remains the focus of all campuses. At the same time, ex-
tensive effort and energy is devoted to offering a greater variety of
programs within a Lutheran context. The BHE/CUS firmly believes
Lutheran education must emphasize the confessional principle we
hold near and dear as Lutherans—“we believe, teach, and con-
fess”—the mark of our distinctive heritage.

It is the intent of the BHE/CUS Board to build on the present di-
rection and trends in LCMS education to achieve four specific results:
(1) to strengthen the fiscal base of each institution with a substantial
endowment; (2) to embrace technology as a tool to deliver education;
(3) to enhance pastoral formation with significant involvement in min-
istry contexts; and (4) to focus on recruiting students preparing for
church work professions. The challenges remain the same—afford-
able education, cooperative spirit, student recruitment, skilled leader-
ship, and member ownership and support.

[af

The mission and purpose of LCMS pastoral education was
adopted by the Board for Higher Education in October 2002.

The Mission

Pastoral Education

The Lutheran Church—Missouri Synod seminaries—Concor-
dia Seminary and Concordia Theological Seminary—prepare pas-
tors, missionaries, and leaders for the church by providing theo-
logical education and leadership development centered in the
Gospel of our Lord Jesus Christ as proclaimed in Holy Scripture
and confessed in the Book of Concord.

The Purpose

The Board for Higher Education coordinates and monitors pas-
toral education activity under the auspices of the Committee for