Payments

The college expects students to accept the responsibility for making the necessary arrangements to have their bills paid on a timely basis. Consequently, communications concerning outstanding balances are sent to students, not to parents.

Admission Deposit and Continuing Enrollment Deposit. The college must engage its faculty and assign residence hall space in advance of each semester in accordance with the number of students who have signified their intent to enroll. Therefore, a deposit is required and is non-refundable after certain designated dates.

Semester Fees. Prior to the start of each semester a statement of account showing basic charges and credits designated by the financial aid office is sent to the student from the office for financial services. This statement will be mailed early enough for plans to be made for the school year. Students may select from the following methods for handling the balance on their accounts:

1. Annual Payments—due August 10 as billed.
2. Semester Payments—due August 10 and January 10 as billed.
3. Luther College Monthly Payment Plan—a method of paying the comprehensive fee with no interest charges in eight monthly payments. Applications are available on our website at http://financialservices.luther.edu.
4. Work Credit Plan—a plan which gives you an advance credit of your estimated work study earnings toward your student receivable. Applications are available on our website at http://financialservices.luther.edu.
5. Private Loans—contact the financial aid office for options.