Semester Installment Payment Plan
The Semester Installment Payment Plan is only available for the Fall and Spring Semesters. It is not available for the Summer Terms. Lander University is pleased to offer students enrolled at the University a payment plan to finance the cost of University Fees, Housing, Health Service and Food Service fees over the period of a semester. (The plan may not be used for summer sessions.) The plan is offered exclusively by the University and replaces any past plan. Students may still elect to make full payment at the time of registration.
Questions about the Plan
Who may enroll?
Students at Lander University whose student account balance for University fees, Housing, Health Service, or Food Service fees totals $200.00 or more may enroll. Students with past due amounts from previous semesters are not eligible until such amounts are paid. Past due amounts may be included with your first payment but may not be financed over the course of the semester.
How does the plan work?
The plan requires three payments. The first payment must be a minimum of one-third of the total amount due and, to avoid having to return to campus early for registration, should be paid by the prepayment date established for each semester. The remaining balance is payable to the University in two monthly installments. Leaving school before the end of the semester does not relieve the student of the obligation to complete all remaining payments.
What costs can I finance with the plan?
All University Fees (including Course fees and Transcript fees), Housing and Food Service fees may be included in the plan. Excluded costs are opening balances, parking permits, books and supplies purchased in the Bookstore, all fines, and other miscellaneous costs at the University.
What is the cost of the plan?
The plan is interest free. The University does assess an administrative charge of $50.00 each semester to offset the additional cost of record keeping and billing.
What if I am receiving financial aid?
Any financial aid received or awarded through the University must be used toward computing the amount financed through the installment payment plan.
What if I make changes in my billing?
If you wish to add/reduce hours or make any changes to your housing assignment or meal plan, see the Payment Plan application for instructions. For the cost of these items, refer to the current fee schedule which is available in the Business Office.
What if my payment plan becomes delinquent?
The University reserves the right to assign your delinquent account to a collection agency, and you will be responsible for all attorney's fees and collection costs up to 33 1/3 percent of the total due. Checks returned by the bank may result in cancellation of this plan with the entire amount becoming due and payable.
How do I enroll?
When you are able to view your bill online, a payment plan link should be available at the bottom of the bill screen. You will be able to sign up for the payment plan and make your payment online via www.lander.edu/bearcatweb.