Each year these contributions will pay for about 20 percent of your education. A rapidly growing endowment enables significant improvements in faculty and academic programs without affecting your tuition. The Upper Midwest is both a great source of financial support from our thousands of donors and home to many of our students. Our costs are heavily influenced by what our students can afford. Although we raise costs to improve quality, we are always mindful not to price ourselves out of our traditional market.
Tuition is the most important source of funding at private colleges.
In the past decade Concordia increased enrollment by 500 students and then capped it at our current 2,900 - 3,000 range. As you can see in the table, this has enabled us to establish a low-cost position among private colleges in Minnesota. The gap is widening quickly. A Concordia education is not inexpensive. Quality rarely is.