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Undergraduate - Lee University

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FINANCIAL INFORMATION 53<br />

Fall Semester<br />

Full-time, on-campus students must pay $1,825.00 at registration; offcampus<br />

students must pay one-third. The balance must be paid as follows:<br />

• First payment by September 15<br />

• Second payment by October 15<br />

• Final payment by November 15<br />

Spring Semester<br />

The same down payment ($1,825.00) is required at registration. The balance<br />

must be paid as follows:<br />

• First payment by February 15<br />

• Second payment by March 15<br />

• Final payment by April 15<br />

• If payment is not made on the due date, a $20.00 fee will be assessed.<br />

Accounts Must be Paid Prior to Final Examinations<br />

Written commitments for aid from <strong>Lee</strong> <strong>University</strong> or other sources are<br />

the only substitutes for the required down payment. Therefore, students<br />

should assume responsibility for applying for aid in advance and for seeing<br />

that the proper letters or cash arrive at the Business Office by registration day.<br />

While we recognize the problems involved in increasing costs to the student,<br />

education with a Christian emphasis is the greatest personal investment<br />

available today. The university will assist students in every way possible<br />

to finance their education. If you need financial assistance, please check<br />

with our Office of Student Financial Aid.<br />

REFUND POLICY<br />

No reduction of charges will be granted unless application is made within<br />

two weeks of any change in program or departure of the students. STU-<br />

DENTS WHO WITHDRAW FROM THE UNIVERSITY AFTER THE FIFTH<br />

WEEK OF CLASSES WILL RECEIVE NO ADJUSTMENT ON TUITION<br />

AND FEES. Those whose study is interrupted by the university for discipline<br />

reasons will receive no adjustment on tuition and fees after the fifth week of<br />

classes. Room and board charges will be prorated from date of withdrawal. If<br />

a student withdraws during a semester and requests a refund of advanced<br />

payments, the following rules will determine the amount of adjustment, provided<br />

the student withdraws formally through the Office of Student Life.<br />

1. Room and board will be adjusted by the full amount unused at the date<br />

of withdrawal<br />

2. Tuition and fees, with the exception of matriculation and registration<br />

fees, will be adjusted on the following percentages:<br />

Non-Title IV Student Financial Aid Recipients<br />

• During first two weeks of semester ...................................................80%<br />

• During third week of semester...........................................................60%<br />

• During fourth week of semester.........................................................40%<br />

• During fifth week of semester............................................................20%<br />

• After fifth week of semester ............................................No Adjustment

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