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LU Policy Number: SS.012
Effective Date: 6/1/2006
Approval Date: 6/1/2006
Revised Date: N/A
Purpose: States responsibility and when payment are due
Additional Authority: N/A
Scope: All Students (COC&CGUS) of Life University
Approval Authority: EVP Finance
Responsible Authority: Student Services
Definitions: N/A
Policy Title
Payment Policy
Policy Statement
All tuition and fees are due and payable upon registration, but not later than the Sunday-Midnight end of the second week of classes each quarter.
If awarded financial aid falls short of total charges for the quarter, the student is responsible to pay the difference.
The financial aid eligible student may wish to contact the Financial Aid Office to determine the possibility of receiving additional financial aid.
Failure to pay all charges due on a student’s account will restrict their ability to register for future quarters, receive (order/ send) official transcripts and diplomas or be graduated.
If full tuition and fee payments are not made, the student will be disenrolled. This will result in the student not being eligible to continue to participate in classes and/or the clinic in the disenrolled quarter. Also, the student will be assessed a 25% dis-enrollment charge based upon the remaining unpaid tuition incurred in the disenrolled quarter.
Unpaid Balances
Any open balances owed to Life University will prevent transcripts from being released. You will also be blocked from registration. If you leave Life University with unpaid debts, you will be referred for collection activities. You will be liable for all applicable collection agency fees, attorney fees and interest charges for the collection of the balance.
Procedure(s)
N/A
Other Notes
N/A
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