Payment, Financial Aid and Credit Policies
All students are required to electronically sign a Lakeland University Disclosure Agreement as part of the registration process. If the student is under 18 years of age, all documents will need to be printed and also signed by a parent or guardian.
The cost of tuition, fees, room, and/or board is due and payable to the university in full on the following schedule:
- Fall Term – August 15
- Spring Term – January 15
- Summer Term – May 15
Payment is due on the 15th regardless of whether the 15th falls on a weekend or holiday.
Domestic students whose balances are not paid in full on or before the published due dates OR have not already enrolled in an appropriate payment plan, will be automatically enrolled in a four-month payment plan by the Bursar. An enrollment fee will be associated with all payment plans, regardless of whether the student enrolls on his/her own or is automatically enrolled. Finance charges are suppressed for students on a payment plan. Balances owed to the university shall be paid in accordance with the payment plan terms. If payment is not received in accordance with the terms of the payment plan, a student may be administratively withdrawn from the university. Students with unpaid balances will not be allowed to enroll in the following academic term.
All financial aid accepted by the student as outlined in the financial aid award letter will be applied to the student’s account. 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 shall accrue due to late or incomplete submissions of financial aid forms and requests for documentation or delayed verifications.
The general policies outlined in this section include types of credit that may be advanced and the deadlines for repayment to the university or other agencies. Students who believe they have grounds for appeal with regards to his/her bill and/or payment of expenses owed to Lakeland University should complete a Tuition/Fees Dispute Petition and forward to the Bursar.
Tuition and Fees Payment Options
- Payment in Full – In accordance with the schedule listed above. Payment is due on the 15th regardless of whether the 15th falls on a weekend or holiday.
- Four-Month Payment Plan – An administrative fee shall apply to each four-month payment plan and finance charges shall be suppressed. Payments commence in the month prior to the term, according to schedule below. Payment is due on the 15th regardless of whether the 15th falls on a weekend or holiday.
- Fall Term:
- 1st Payment Due: August 15
- 2nd Payment Due: September 15
- 3rd Payment Due: October 15
- 4th Payment Due: November 15
- Spring Term:
- 1st Payment Due: January 15
- 2nd Payment Due: February 15
- 3rd Payment Due: March 15
- 4th Payment Due: April 15
- Summer Term:
- 1st Payment Due: May 15
- 2nd Payment Due: June 15
- 3rd Payment Due: July 15
- 4th Payment Due: August 15
- Nine-Month Payment Plan – An administrative fee shall apply to each nine-month payment plan and finance charges shall be suppressed. Payments commence in the month prior to the fall term, according to the schedule below. Payment is due on the 15th regardless of whether the 15th falls on a weekend or holiday.
- 1st Payment Due: August 15
- 2nd Payment Due: September 15
- 3rd Payment Due: October 15
- 4th Payment Due: November 15
- 5th Payment Due: December 15
- 6th Payment Due: January 15
- 7th Payment Due: February 15
- 8th Payment Due: March 15
- 9th Payment Due: April 15
- Military Benefits - A student who qualifies for military benefits, verified by the Veterans Coordinator, will be allowed to carry his/her balance until the last day of the term without accruing finance charges.
- PLUS Loan – A dependent student may qualify for a PLUS loan. This federally-sponsored loan program allows parents to borrow money for their child’s educational costs. Information is available in the Financial Aid and Educational Funding Office and through Lakeland University’s website.
- Employer Reimbursement – A student whose employer reimburses tuition expenses is permitted to carry his/her balance for 45 days following the end of the academic term. Students wishing to participate in this program must submit an application for Employer Reimbursement with employment verification to the Bursar’s Office. An administrative fee must accompany the form. Both the form and the fee must be submitted each term, in accordance with the schedule below. Finance charges will be suppressed for students approved for the Employer Reimbursement program.
- 1 class - $50
- 2 classes - $90
- 3 classes - $120
- Alternative Loans/Bank Sponsored Loans - The student borrower often needs a co-signer. Information is available in the Financial Aid and Educational Funding Office or through Lakeland University’s website.
Unpaid account balances may result in administrative withdrawal from the University and shall result in the inability to register for subsequent courses and/or 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 and Educational Funding Office or Bursar’s Office.
International students are required to have their tuition, fees, room and board paid in full by the first day of the term.
Book Charges
Students who have an anticipated credit balance after tuition and fees are satisfied may use the balance to purchase or rent textbooks at the Lakeland Campus Shop. Book credit forms may be printed from the Student Accounts page on my.lakeland.edu. Students with funding from outside sources need to contact the Bursar to have the outside funding applied to their student account.
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. It is Lakeland’s policy to automatically enroll international students in its student health insurance plan. The 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.
Domestic students enrolled in the Kellett program are eligible to participate in Lakeland’s student health insurance program, and should contact Human Resources with questions.
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