Lakeland College

Payment Plan Options

Graduate Program

1. Pay in full. Lakeland College accepts cash, personal checks, money orders, cashiers’ checks, and credit cards (Visa, MasterCard, & Discover).

For any of the following payment options, a Credit Agreement is required. You can obtain an agreement in the current schedule of classes or at our website

2. Monthly Installments - In house plan.
(a.) A 5% non-refundable per course deposit will be subtracted from the per course tuition balance.
(b.) 1/3 of the total charges (less deposit) plus finance charges each month for three months. Finance charges are 1.5% monthly periodic rate.

3. Monthly Intallments - TMS Plan. For a small fee, this convenient option allows you to spread all or part of your semester education expenses over three to four montly payments without any finance charges. Contact Tuition Management Service (TMS) directly for more information at 888-713-7234 or visit the website at http://www.afford.com/lakeland.

4. Reimbursement by Employer. 100% of the total balance plus finance charges no later than 45 days after the semester ends. An Employer Reimbursement Confirmation form must be completed each semester. You can obtain the confirmation form in the current schedule or on the website. Finance charges continue to accrue until the balance is paid in full.

5. Financial Aid. All related applications and forms for federal Financial Aid must be completed prior to the start of classes. Failure to do so may result in delayed disbursements and finance charges accrued. Finance charges will accrue on any balance after 30 days if aid is incomplete or does not cover all expenses.

6. Alternative Loans. These are bank sponsored loans; the student borrower most often needs to pass a credit check and/or have a qualified co-signer.

7. Military. Any balances not paid directly to Lakeland College by the military are subject to finance charges accrual.

Account balances MUST be paid in full before the start of a subsequent semester.