Tuition and Fee Payment Deadlines
Students must have payment arrangements in place for the full balance due by the published payment deadline each semester. Payment arrangements include the following.
*This includes federal, state, and institutional aid received directly by Our Lady of the Lake College. Outside scholarships and/or loans, VA benefits, etc, disbursed directly to the student will not be considered as pending aid towards the balance due.
For payment arrangements not listed above, please contact the Bursar’s Office well in advance of the payment deadline.
Students who do not have satisfactory payment arrangements in place by the deadline will be purged from their classes. Purged students who re-register will be assessed a late registration fee and will need to have payment arrangements in place before the next purge.
Please note: Students who do not plan on attending must officially withdraw through the Registrar's Office. DO NOT depend on the purge as a method to withdraw.
A past-due balance is any balance that exists on a student account after the published payment deadline for which no payment has been received and no payment arrangement has been made. Once the payment deadline for a semester has passed, balances become due immediately. Additionally, the College reserves the right to discontinue services to students with past-due balances including but not limited to transcripts, student grades, diplomas, registration, and enrollment in payment plans. Past-due balances may also be turned over to a collection agency. This policy is administered by the Bursar’s Office and is applicable to any past-due balance on a student account.
Tuition and Fees Refund Policy
When a student drops or withdraws from a course, refunds of tuition and fees are made according to the following schedule.
Policy in effect starting Fall 2014
|100% through first week||100% through the last day to add|
|75% through second week||0% after last day to add|
|50% through third weed|
|25% through fourth week|
|0% after fourth week|
For information regarding issuance of credit balances and financial aid refunds, go to the Refund Disbursement page.
The Bursar's Office strictly follows the guidelines provided by FERPA (The Family Rights and Privacy Act of 1974). Financial records will only be released to the student who holds the account (and to any approved institutions/agencies who have a financial stake in the account). If a student wishes to allow a parent/spouse or other person access to financial records, he/she must provide written authorization to the Registrar's Office. The release form is available on the Registrar's Forms page.