Financial Information

The following descriptions provide a general guide to the tuition, fees, and other associated costs of the university and the general policies that guide the discount, credit, and payment deadlines for those costs.

General Student Expenses

The costs associated with attending college include direct costs of attendance, such as tuition and fees for which students are billed by the university. Additional costs of attendance which typically do not appear on the university billing statement include books, supplies, cost of travel, housing and other personal expenses. The direct and indirect costs of attendance should be included when the student is budgeting for their attendance.

Financial aid eligibility, i.e. financial aid need, is based on the entire cost of attendance less the amount a student is able to pay on his/her own.

The full cost of attending college has five basic components: tuition and fees, books and supplies, housing and meals, personal expenses, and transportation.

Tuition and Fees

Tuition and fees are the price or charges for university courses. Lakeland University charges for courses on a per-credit basis. Additionally, a few courses do have special fees. Course fees are refundable prior to the first day of class. CMA and CPA courses offered in the graduate studies M.B.A. program are billed on a per-course, rather than per-credit basis.

The application fee for the Kellett School undergraduate program is $35.00. The application fee for entry into a graduate studies program is $50.00. In both cases, these one-time fees are non-refundable.

Books and Supplies

Kellett School students should expect to pay approximately $150 per course for essential textbooks and supplies (course materials). The Lakeland Campus Shop sells textbooks, supplies, university apparel, offers textbook rental (dependent upon course) and textbook resale services.

Housing and Meals

In most cases, Kellett School students do not live in Lakeland University campus housing; therefore, Kellett School students will calculate their housing and meal expenses as is pertinent to their own individual situations.

Personal Expenses

The costs for personal expenses vary widely from student to student. Laundry costs and cell phone usage, for example, are two types of personal expenditures.

Transportation

This covers the costs associated with traveling to and from school.

Payment Options

Payment, Financial Aid and Credit Policies

The cost of tuition and fees is due and payable to the university in full on the first day of classes for the term the student is enrolled. Lakeland University offers a number of convenient payment options. Students may choose the option that suits them best by indicating their choice when registering for classes.

Non-payment of tuition and fees may result in administrative withdrawal of the student from registered courses

Note: Due to federal regulations with the Truth in Lending Act, all students must sign a disclosure statement each term unless they are paying in full at the time of registration and are not applying for federal financial aid. Failure to submit a disclosure form before the end of the third week of the term will result in the loss of access to Blackboard.

1. Payment in Full prior to the first day of class.
2. Extended Payment Plan: Students may split payment of charges into three payments. Information regarding this plan is available on the Student Accounts page on my.lakeland and from the Student Accounts Office.    
3. Employer Reimbursement: A student whose employer reimburses tuition expenses is allowed to carry his/her balance for 45 days following the end of the academic term. Such a student must submit an application for Employer Reimbursement to verify employment. The fee to be sent with the application is $50.00 for the first class, $90.00 for two classes, and $120.00 for three classes. During the term, and the 45 days following the term, Lakeland University will not charge any finance charges.
4. Military Benefits: A student who qualifies for military benefits, which can be confirmed by the Veterans Coordinator, will be allowed to carry his/her balance until the last day of the term without accruing finance charges.
5. TMS (Tuition Management Systems): This is a monthly payment option offered to students. The student is responsible for setting up a payment budget with TMS and that will allow the student to avoid finance charges during the duration of the TMS plan. If the TMS budget is set for less than the amount due to Lakeland University, the student is responsible to pay the difference to the university. If the student becomes delinquent on the TMS plan, he/she is subject to finance charges, denial of advantages, and collection costs and fees. Contact Tuition Management Services (TMS) directly by calling (888) 713-7234 or visit the website at afford.com for more information on this payment option.

All financial aid accepted according to the financial aid award letter will be applied as early as the published dates in the financial aid guide. Students are responsible to the university for all balances due, including those created by the late or incomplete submission of financial aid application forms. Finance charges can occur if these procedures are not completed on time.

Unpaid account balances may result in administrative withdrawal from the University and will result in the inability to register for upcoming terms. Student account balances must be paid in full prior to the start of a subsequent semester. Any student incurring financial difficulties is encouraged to meet with Lakeland University’s financial aid office or student accounts office.

The general policies outlined in this section include types of credit that may be advanced and the deadlines for repayment to the college or other agencies. Students who believe they have grounds for appeal in any area dealing with the billing and payment costs owed to Lakeland University should address those appeals to the Manager of Student Accounts at studentaccounts@lakeland.edu.

Book Charges

Book charges will be permitted based on the following criteria:

1. A credit balance is anticipated after tuition charges have been applied. Books may be charged against the projected refund, not to exceed $800.00. The Book Credit Agreement is located on my.lakeland.edu.
2. Lakeland University has received authorization for payment of tuition and books from an outside source, e.g., Workforce Development, U.S. Military, Oneida Nation, Menominee Nation, or any other outside source.
3. Students who believe they have extenuating circumstances which may warrant the charging of books must receive approval from the Manager of Student Accounts.

Miscellaneous Charges and Balances

Fines and other miscellaneous charges shall be paid within 30 days of date incurred. All account balances must be paid in full before students will be eligible to enroll in classes in the following term.

Health Insurance Policy for International Students

It is mandatory for all international students to register and pay for health insurance for the entire period of their stay in the United States as Lakeland University students. Enrollment in this plan begins August 1 and runs through July 31 of the following year. The policy must be renewed each year. Upon graduation or withdrawal from the university, a student may request a refund, through the Business Office, of partial year costs. International Students should contact the International and Administrative Specialist in the Registrar’s Office for additional information.

Refunds

Students who withdraw from 12 or 14-week courses may receive a tuition refund in accord with the following schedule:

1. 100% refund for dropping before the start of the second week of classes.
2. 75% refund for withdrawal before the start of the third week of classes.
3. 50% refund for withdrawal before the start of the fourth week of classes.
4. No refund for withdrawal after the fourth week of classes.

Students who withdraw from 7-week courses may receive a tuition refund in accordance with the published refund schedule for each term. Please see refund schedule published on my.Lakeland.edu, advisor, or the Manager of Student Accounts.

In order to qualify for a refund or reversal of charges, a student must drop or withdraw from class officially by notifying his/her advisor.

Notifying an instructor, failing to attend class, or failing to participate online does not constitute an official drop or withdrawal from a course, nor does it eliminate the student’s financial responsibility for course payment.

Note: Due to course delivery restrictions, a tuition refund is not permitted for the following courses:

• BA 771 - Advanced Industrial Accounting I  
• BA 772 - Advanced Industrial Accounting II  
• BA 796 - Advanced Public Accounting I  
• BA 797 - Advanced Public Accounting II
    
• BA 798 - Advanced Public Accounting III  

Students withdrawing from Lakeland University may be required to repay some of the federal grants and/or loans. The federal formula requires a return of Title IV aid if the student received federal financial assistance in the form of a Pell Grant, Supplemental Educational Opportunity Grant (SEOG), the Talent Incentive Program Grant (TIP), a Federal Stafford Loan, or Parent Loans for Undergraduate Students (PLUS), and withdrew on or before completing 60% of the semester. The percentage of Title IV aid to be returned is equal to the number of calendar days remaining in the semester divided by the total number of calendar days in the semester. Scheduled breaks of more than four consecutive days are excluded.

If any funds remain after the return of Title IV aid, they will be used to repay Lakeland University funds, state funds, other private sources and the student in proportion to the amount received from each non-federal source as long as there is not an unpaid balance at the time of withdrawal. If there is an unpaid balance, then all aid sources will be repaid before any funds are returned to the student.

Veterans Services

All students who wish to receive educational benefits through the U.S. Department of Veterans Affairs should contact their local Veteran’s Services Office for details regarding eligibility. Once admitted to Lakeland University, and each semester thereafter, the student should notify Lakeland’s Veterans Coordinator of his/her course enrollment.

Financial Aid General Information

Lakeland University is committed to making a quality college education affordable. The university participates in federal and state grant and loan programs for students.

Financial need is defined by federal regulations as the difference between the cost of attending Lakeland University (tuition, books and supplies, housing and meals, personal expenses, and transportation) and the amount of money a student is able to contribute toward educational expenses. This student contribution is calculated from information provided on the Free Application for Federal Student Aid (FAFSA).

To be eligible for financial aid, which includes federal loans, a student must be enrolled in a minimum of six (6) semester hours per term. For undergraduate students, Federal Pell Grant eligibility may be available at three (3) semester hours of enrollment.

The following describes the general application process, types of financial aid available, satisfactory academic progress and the student’s rights and responsibilities.

How to Apply for Financial Aid

A student must follow the steps below to apply for financial aid through Lakeland University:

A student who completes this process will receive an email notification stating an award is available online. A student has the right to accept or decline any source of assistance offered to him/her. When loans are accepted, additional online processes are required.

Financial Aid Policies

Student Rights

A student has the right to:

• know what financial aid is available, including aid from federal, state and institutional programs. In addition, a student has the right to know the deadlines, selection criteria, terms, policies, procedures and regulations that apply to each of the programs.
• know how his/her financial need was determined and how much of it, as determined by the university, was met. This process includes how costs for tuition and fees, transportation, books and supplies, and miscellaneous personal expenses are included in his/her student budget.
• know if he/she has a student loan, the terms of the loan, such as interest rate, the total amount that must be repaid, the length of time allowed for repayment, when repayment must start, cancellation provisions, deferment and forbearance possibilities and any special consolidation or refinancing options.
• appeal his/her financial aid award if he/she feels there are special circumstances that were not originally taken into consideration.
• know how the university determines whether he/she is making satisfactory academic progress and what happens if he/she is not.
• know how and when his/her financial aid will be disbursed.
• know the university’s refund policies; the portion, if any, of tuition and fees that is refunded to the student if he/she withdraws before the end of the term; and the portion, if any, of the financial aid he/she received that must be paid back immediately if he/she withdraws before the end of the term.
• expect that all information reported by him/her and/or his/her family will remain confidential and will not be released without his/her written consent according to the Family Educational Rights and Privacy Act (FERPA).
• examine (in the presence of a financial aid counselor) his/her financial aid records which are maintained in the Office of Financial Aid.
• expect equitable treatment under the university’s policy prohibiting discrimination on the basis of race, color, sex, religion, sexual orientation, national origin, disability, or veteran’s status.

Student Responsibilities

A student is responsible for:

• reading, retaining and understanding all information supplied to him/her from the Office of Financial Aid. Students are welcome to contact the Office of Financial Aid with any questions or concerns.
• promptly responding to inquiries or requests for information from the Office of Financial Aid.
• obtaining all forms required to apply (or re-apply) for the type of assistance he/she wishes to receive.
• supplying accurate and thorough information on all forms submitted to the Office of Financial Aid. Funds obtained on the basis of false information will have to be repaid and might subject the student to penalties under the United States criminal code.
• informing the Office of Financial Aid if he/she receives any type of financial aid assistance from an outside agency. By law, when determining a student’s financial aid eligibility, the Office of Financial Aid is required to consider all sources of funding.
• using financial aid funds only for educational expenses (tuition, fees, books, supplies and other living costs).
• understanding and complying with the terms and conditions of the aid he/she receives. This includes deadlines, continued eligibility, application procedures, etc.
• notifying the Office of Financial Aid if his/her enrollment or residency status changes. This will ensure that the student’s financial aid award is based upon the correct enrollment and residency status.
• reporting a change of address or name to the Office of Financial Aid. This will ensure the Office of Financial Aid has the most recent and accurate information. Note: A name change requires supporting documentation.
• maintaining good academic standing consistent with the college’s Satisfactory Academic Progress Policy and the Financial Aid Satisfactory Academic Progress Policy.
• completing entrance counseling and exit counseling, if he/she has taken out an educational loan.
• repaying all educational loans. Failure to meet this obligation will adversely affect the student’s credit rating and make him/her ineligible for future educational loans or grants.
• notifying his/her loan servicer and the United States Department of Education of any changes in name or address while and after attending school.

Financial Aid Satisfactory Academic Progress Policy

Lakeland University is required to establish and consistently apply standards of satisfactory academic progress to all students who receive funds from Title IV programs of financial assistance. The policy requires that the university use quantitative and qualitative methods to measure students’ academic progress. This policy requires a review of student progress after every term. This same policy will also apply to all students who receive funds from state or Lakeland University sources.

The qualitative measure is based on the cumulative grade-point-average (GPA). Only the highest grade for repeated courses is used in the cumulative GPA calculation.

The quantitative measure is based on the length of time needed for completion of the degree program. A student must complete the program within 150% of the time frame established. Lakeland University’s Bachelor of Arts degree requires 120 semester hours; therefore, a student cannot exceed 180 semester hours in order to complete his/her requirements (120 semester hours x 150% = 180 semester hours). Credits accepted in transfer are counted as hours attempted and earned.

An appeal process exists for anyone whose financial aid eligibility is terminated as a result of failure to meet the conditions of the Financial Aid Satisfactory Academic Progress Policy. Those students affected will receive written notice of the appeal process.

No part of this policy is housed on the student’s academic record. This financial aid policy is separate from the policy for Academic Good Standing as listed in this catalog under Academic Policies .

Undergraduate Programs

1. Standards:

* Students must complete 67% of the semester hours attempted with grades of “D” or better. All withdrawals, incompletes, and audits are considered unsatisfactory and must be included in the calculation. If a grade of incomplete is changed, it is the student’s responsibility to notify the Financial Aid Office of the grade change.

2. Review Process: Student records will be reviewed after each term.
3. Financial Aid Warning: When a student does not complete 67% of the semester hours and/or the minimum GPA requirement noted in the table, a Financial Aid Warning is imposed. Aid will continue during the term in which the student is on Financial Aid Warning.
4. Financial Aid Suspension: The student’s financial aid will be terminated for all future semesters until he/she can return their academic record to good standing for Satisfactory Academic Progress, if one or more of the following conditions occur:
   1. The student does not meet the criteria for Satisfactory Academic Progress while on Financial Aid Warning.
   2. The student has a conditional acceptance to the university and does not meet the criteria for Satisfactory Academic Progress.
   3. The student fails all courses in a single term.
   4. The student fails to meet the conditions of a Financial Aid Probation.
5. Appeal Process: There is an appeal process for students that have their aid terminated.
   1. The form and instructions are included with the written communication to the student at the time of the termination.
   2. The time allowed for completing the appeal will be communicated in the letter.
   3. The appeal committee will notify the student of the decision within two weeks of receiving the appeal.
6. Financial Aid Probation: When an appeal is granted, a student is placed on Financial Aid Probation. Probation is allowed for one term and the student must return to good standing for Satisfactory Academic Progress unless the student has an approved Academic Plan in place which includes conditions of the probation and notes when the student will return to good standing for Satisfactory Academic Progress.

Graduate Programs

1. Standards:
   1. Qualitative Measure: Students must meet the minimum cumulative GPA requirement of a 3.0. Only the highest grade of all repeated courses is used in the cumulative GPA calculation.
   2. Quantitative Measure: Students must complete their program within the timeframe described in the Graduate Academic Progress Policy.
2. Review Process: Student records will be reviewed after each term.
3. Financial Aid Warning: When a student does not meet the standards described above in #1, a Financial Aid Warning is imposed. Aid will continue during the term the student is on Financial Aid Warning.
4. Financial Aid Suspension: The student’s financial aid will be terminated for all future semesters until he/she can return their academic record to good standing for Satisfactory Academic Progress, if one or more of the following conditions occur:
   1. the student does not meet the criteria for Satisfactory Academic Progress while on Financial Aid Warning
   2. the student has a conditional acceptance to the university and does not meet the criteria for Satisfactory Academic Progress.
   3. the student fails all courses in a single term.
   4. the student fails to meet the conditions of a Financial Aid Probation.
5. Appeal Process: There is an appeal process for students that have their aid terminated.
   1. The form and instructions are included with the written communication to the student at the time of the termination.
   2. The time allowed for completing the appeal will be communicated in the letter.
   3. The appeal committee will notify the student of the decision within two weeks of receiving the appeal.
6. Financial Aid Probation: When an appeal is granted, the student is placed on Financial Aid Probation. Probation is allowed for one term and the student must return to good standing for Satisfactory Academic Progress unless the student has an approved Academic Plan in place which includes conditions of the probation and notes when the student will return to good standing for Satisfactory Academic Progress.

Sources of Financial Aid

Lakeland University participates in federal and state student financial aid programs for which its students are eligible. Students who are uncertain about their eligibility for any federal or state aid program should contact the Office of Financial Aid. The award of federal and state financial aid funds is contingent upon timely completion of all relevant application and financial status forms including the submission of student and parental income tax documents from the most recent tax year.

Federal Government

• Pell Grant ($583 to $5815) (Undergraduate Only) Award is based on need.
• SEOG Grant ($200 to $2,500) (Undergraduate Only) Award is based on need.
• Stafford Direct Loan Program (Subsidized and Unsubsidized) ($250 to variable) This loan program is federally funded and offers a competitive interest rate.

Lifetime Career Maximum for Undergraduates is $31,000 for Dependent students and $57,500 for Independent Students. Beginning July 1, 2013 any first time borrower is subject to the federal 150% regulation. Lifetime Career Maximum for Graduate students is $138,500.

• PLUS Loan Program (Variable) This loan is available from the federal government for parents of dependent students.
• Stafford Direct GRADPLUS Loan Program (graduate only) Remaining cost of education after other sources of financial assistance are applied.

State of Wisconsin

• Talent Incentive Program Grant (TIP) ($250 to 1,800) (Undergraduate Only) designated to assist low income, disadvantaged students. A maximum grant of $1,800 is available to qualified first-time freshmen. It is renewable based upon an amount determined by the state.
• Indian Student Assistance Grant ($250 to $1,100) (Undergraduate Only) may be offered to Wisconsin residents of Native American descent who have completed the Indian Student Assistance Grant Application.
• Hearing & Visually Handicapped Student Grant may be offered to Wisconsin residents who have severe, profound hearing or visual impairment and who have completed the Hearing & Visually Handicapped Student Grant Application.

Repayment of Financial Aid After Withdrawal

Students withdrawing from Lakeland University may be required to repay some of the federal, state, and Lakeland grants and/or loans. The federal formula requires a return of Title IV aid if the student received federal financial assistance in the form of a Pell Grant, a Supplemental Educational Opportunity Grant (SEOG), a Talent Incentive Program Grant (TIP), a Parent Loans for Undergraduate Students (PLUS), or a Federal Stafford Direct Student Loan and withdrew on or before completing 60% of the semester. The percentage of Title IV aid to be returned is equal to the number of calendar days remaining in the semester divided by the number of calendar days in the semester. Scheduled breaks of more than four consecutive days are excluded.

If any funds remain after the return of Title IV aid, they will be used to repay state funds, other private sources and the student in proportion to the amount received from each non-federal source as long as there is no unpaid balance, at the time of withdrawal. If there is an unpaid balance, then all aid sources will be repaid before any funds are returned to the student.