- July 1 - Automatic Payment Plans Open (5, 4, 3-month)
- July 1 - Fall Bills are Available on Student Portal
- August 19 - Last Day to Enroll in Five-Month Automatic Payment Plan
- August 20 (Wednesday before classes begin) - Fall Bills are to be Settled
- September 15 - $200 Late Fee Assessed for Past Due Accounts
- September 15 - Last Day to Enroll in Four-Month Automatic Payment Plan
- October 3 - Holds Applied for Past Due Accounts
- October 15 - Last Day to Enroll in Three-Month Payment Plan
A Student Business Office (sometimes called a Student Accounts Office, Bursar’s Office, or Cashier’s Office) is the department at a college or university that manages students’ financial accounts. Here’s a simple breakdown of what we do:
Main Responsibilities of our Student Business Office
Billing & Tuition:
- Prepares and sends tuition bills.
- Processes payments for tuition, fees, housing, meal plans, etc.
Payment Processing
- Accepts payments (online, in person, mail).
- Handles payment plans.
Refunds
- Issues refunds from overpayments or excess financial aid.
- Handles direct deposit setup for faster refunds.
Financial Holds
- Places holds on student accounts due to unpaid balances.
- These holds can block registration or access to transcripts.
1098-T Tax Forms
- Provides tax forms for students to use when filing U.S. taxes (related to tuition payments).
Third-Party Billing
- Manages payments from outside sources like employers, government agencies, or scholarship providers.
Customer Service
- Answers student questions about balances, charges, due dates, etc.
We have partnered with Flywire and PayMyTuition to provide seamless international payments through your Student Portal. For instructions on how to make your payment click here.
[text here]
[text here]
[text here]
[text here]
[text here]
[text here]
1098-T Tax Form
- 1098-T tax forms will be available to students via their Student Portal.
- Prior students who no longer have access to their portal may contact the Student Business Office for assistance.
- All 1098-T tax forms will be made available to students no later than January 31st each year. Note: Not all students receive a 1098-T. If you did not receive one and were expecting it to, please contact the Student Business Office.
If you see a negative balance (overage) on your term balance, this means you will receive a stipend via direct deposit through our clearinghouse Herring Bank. You will know that your stipend has been processed for disbursement when the negative turns into a zero balance.
For more information about Refunds/Stipends, Loan Disbursement Forms and to complete your Direct Deposit selection, click here.
The Family Education Right and Privacy Act (FERPA) generally prohibits information released from financial and educational records without the student’s consent except in a limited number of circumstances. For instructions on how to add a FERPA contact, click here.
Late fees are explained by the Financial Agreement between the student and the Student Business Office. Late fees could be applied to accounts that are not settled by the due date, accounts that have become delinquent, or payments that are made late.
You can find your due date on your student portal under the Billing or Account Summary section.
Charges can include tuition, housing, meal plans, lab/course fees, or late fees. A detailed breakdown is available on your ledger in your student portal.
Yes! We offer in-house payment plans and also autodraft plans through ACI. You can enroll through your student portal or by contacting our office.
LCU partners with third-party services Flywire for secure international payments.
Refunds are issued approximately 10 days after financial aid is applied to your account. Once your negative account balance reaches $0, your stipend has been completed.
A financial hold typically means there’s a past due balance. Registration holds are placed for balances over $5,000 or for non-payment. Meal plan holds occur if your balance exceeds $9,999. Please contact our office to resolve these issues.
This depends on the balance. Some holds will block registration or transcript release, so it's important to take care of them quickly.
Yes. If your account is not settled by the published settle date, a $200 late fee will be applied. If you miss a scheduled payment on your in-house payment plan, a $30 late fee will be charged. Avoid late fees by paying your balance on time or staying current on your payment plan.
The 1098-T tax form is available by January 31 each year in your student portal. If you didn’t opt for electronic delivery, it will be mailed.
Prior students who no longer have access to their portal but may contact the Student Business Office directly for assistance.
Due to FERPA regulations, we can only speak with individuals you have authorized. To allow someone access, you must submit a FERPA release form through your student portal.
- Check your student portal regularly for account updates.
- Set up direct deposit for faster refunds.
- Don’t ignore balance notices—late fees and holds can happen quickly.
Need Help?
You can contact the Student Business Office by phone at (806)720-7302 or email. We're here to support your success at LCU!