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    Lipscomb University
   
 
  Sep 19, 2017
 
 
    
2017-2018 Undergraduate Catalog

Financial Information


 

 

Traditional Undergraduate

Fall/Spring Per Semester Per Year
Tuition (block rate for 12-18 hours) $ 14,278 $ 28,556
General Student Fee (12-18 hours)      1,188      2,376
Room and Board      5,844    11,688
Total basic cost for typical student $ 21,310 $ 42,620

 

Hourly Rates Fall/Spring
Part-time hourly rate (1-11 hours) per hour 1,194
Hourly rate (19 or more hours) per hour 686
General Student Fee (1-11 hours) per hour 100

 

Guaranteed Tuition Option

Fall/Spring Per Semester Per Year
Guaranteed Tuition (block rate for 12-18 hours) $15,110 $30,220
Guaranteed General Student Fee    1,256    2,512
Room and Board (subject to increase each year)    5,844   11,688
Total $22,210 $44,420

 

Basic Charges for Other Programs

Adult Degree Program per hour $525
Adult Degree Program General Student Fee per semester 45
Adult Degree Program Portfolio Assessment Fee (first portfolio) 750
Adult Degree Program Portfolio Assessment Fee (subsequent assessments) 300
   
Certificate of Accountancy Program per hour 525
English for Academic Purposes per course 1,455
English for Academic Purposes Textbook Fee per course 75
IDEAL Program per semester 7,725
IDEAL Program third-year students 5,000
   
PACE per six-month term 6,000
PACE Technology Fee per six-month term 90

Room and Board Charges

Housing
Fall/Spring Per Semester
Elam, Fanning, High Rise, Johnson (traditional) or Sewell double/triple occupancy $3,412
Elam, Fanning, High Rise, Johnson (traditional) or Sewell single occupancy 4,536
Johnson (addition) double/triple occupancy 3,654
Johnson (addition) single occupancy 4,778
The Village double occupancy 4,294
The Village single occupancy 5,418
Alumni Hall double occupancy 4,394
Alumni Hall single occupancy 5,518
Meal Plans
Fall/Spring Per Semester
(All students who reside in Lipscomb University residence halls are required to purchase a meal plan.)  
Bison Stampede (14 meals per week with $500 Dining Dollars) $2,600
Bison Herd (12 meals per week with $600 Dining Dollars) 2,430
Bison Traveler (7 meals per week with $650 Dining Dollars) 2,250
Bison Four (seniors only; 4 meals per week with $500 Dining Dollars) 1,550
Unlimited Freshman Experience (with $425 Dining Dollars) 2,614
Unlimited Freshman Experience (with $250 Dining Dollars) 2,432
The Village and Alumni Hall Residents (all Dining Dollars) 1,150

Note: Meal plans are valid for the current semester only. Dining Dollars will roll over from fall to spring semester if a spring semester meal plan is purchased. All Dining Dollars expire at the end of the spring semester.

Global Learning Room and Board

Global Learning Housing (Vienna, Santiago, London, & Florence) $4,294
Global Learning Meal Plan 2,600

Fees

Enrollment Fee - Freshman (covering Advance and QuestWeek) - add $20 per Advance guest registration $260
Enrollment Fee - Transfer (covering Transfer Advance or Transfer Express and QuestWeek) 215
Advanced Standing Equivalency Credit (AP, CLEP, IB, EB) & Credit by Exam evaluating and recording, per course 70
Constructing and Administering Departmental Exam, per course 100
Application for Graduation 195
Art Supplies Fee 75
College of Education Student Teaching Fee 400
Dietetics Internship Fee 9,500
Foods Lab Fee 75
Foreign Language Fee 35
Global Learning Semester Abroad Fee - Florence, Santiago, & Vienna 3,570
Global Learning Semester Abroad Fee - London 3,830
Housing Processing Fee (excludes The Village) 150
Housing Processing Fee - The Village 200
Lab Fees: Biology, Chemistry, Computing, Engineering, and Physics 95
Late Registration Fee 195
Pathbrite Portfolio Fee 80
Private Music Instruction for credit (one half-hour lesson per week, per semester) in addition to tuition (non-refundable after first week) 400
Private Music Instruction for credit (two half-hour lessons per week, per semester) in addition to tuition (non-refundable after first week) 720
Private Music Instruction not for credit (one half-hour lesson per week, per semester) (non-refundable after first week) 570
Private Music Instruction not for credit (two half-hour lessons per week, per semester) (non-refundable after first week) 980
Returned Payment Fee 30
TouchNet Monthly Payment Plan Enrollment Fee (per semester) 60
Transcript Fee 5
Undergraduate Application Fee 50
Withdrawal Fee 195

Note: Lipscomb University reserves the right to adjust any fees at any time before the charges are incurred by the student.

Payment Options

Financial arrangements for all student charges should be made before classes start based on the published dates: Fall - Aug. 1 | Spring - Dec. 1 | Summer - May 1. To meet the financial needs of our students and their families, Lipscomb offers the below payment options. Students who have not designated one of the following payment options will not be eligible to attend classes:

I. Monthly Payment Plan

Lipscomb University has partnered with TouchNet to offer monthly payment options that allow students to pay semester expenses with equal monthly payments ending in October (for fall) or March (for spring). The plans have a non-refundable enrollment fee of $60 per semester.

II. Full Pay

Under this plan the entire balance (less any verified financial aid) is paid before classes begin based on the published dates. Payment can be made online through TouchNet (see instructions below) or with check or cash at the cashier’s window.

Students may pay online on TouchNet through myLipscomb by following these steps: my.lipscomb.edu > Student Homepage > My Balances > My Account > TouchNet. (This is also Step 4 in the registration process.)

Note: It is the student’s responsibility to make arrangements for all financial aid, outside scholarships, loans and payments prior to the beginning of the term. When calculating your full pay balance, do not deduct any estimated work study award.

Financial Responsibility

Registration at the university is considered a binding contract. Students are not permitted to register for classes or receive transcripts or diploma until all financial obligations to the university are satisfied.

Delinquent Accounts

Past due accounts are subject to interest at 1.5 percent per month (18 percent annually). Failure to meet financial obligations to the university may result in the delinquent account being placed with a collection agency. Students are responsible for reimbursing the university for the fees of any collection agency, which may be based on a percentage at a maximum of 33.3 percent of the debt, and all costs and expenses, including reasonable attorney’s fees incurred in such collection efforts.
 
Students are responsible for informing the Registrar’s Office of any change in billing address.

Business Office Holds

Students who have not satisfied their financial obligations will be placed on hold. Students on a Business Office hold are not permitted to register for classes or receive transcripts or diploma.

Title IV Refund Policy

Any credit balance on a student account resulting from Title IV funds will be refunded no later than 14 days after credit occurred. Direct deposit is the preferred method for refunds. Bank account information can be set up through TouchNet on the eRefunds tab.

Refunds

  1. Tuition - Refunds will be calculated based on the official date of drop or withdrawal as defined below.
    •100 percent refund must drop or withdraw before the end of the equivalent of two weeks of class;
    •50 percent refund must drop or withdraw before the end of the equivalent of four weeks of class;
    •No refund of tuition after the end of the equivalent of the fourth week of class; and
    •Refunds for non-traditional meeting times are based on the schedule above using equivalent weeks of class time rather than calendar weeks. For example, in a three-credit-hour class, 150 minutes of class time equals one week.
  1. Room Charges
    Students who withdraw from the university on or before the end of the first week of class will receive a full refund of room charges.
     • If a student officially withdraws on or before the end of the fourth week, a 33 percent refund of room charges will be credited to the account. To be eligible for the room refund, the student must return the student ID card, remove belongings from the room and follow check out procedures. (Please refer to “Official Withdrawal” section.)
    Note: Students enrolled in non-traditional terms will receive a refund of 33 percent of dorm charges if officially withdrawn on or before the first quarter of the term.
    • Students who choose to move off campus but fail to notify the housing office are not eligible for refund of dorm charges, unless the student is forced to leave the dorm for one of the following approved reasons:
    1. Medical reasons confirmed in writing by licensed physician. A prorated amount will be determined based on the date received and accepted by the housing office.
    2. Death of immediate family member.
    3. Extenuating circumstances affecting military personnel.
     
  2. Refund of Meal Plan Charges
    Only meal plan selections cancelled prior to the first day of classes will be eligible for a refund.

Dropping Courses

During the official drop/add period, students are able to drop or add online. After that time, a Drop/Add Form must be completed and accepted in the Registrar’s Office. The official drop date will be the faculty-reported last date of attendance/participation in the course.

Adding Courses

No reduction in tuition is provided for courses added at any time during the semester. Before adding or dropping classes, students should ensure that they understand how the course load changes will affect their financial account, including the impact on loans, scholarships, and grants as applicable.

Official Withdrawal

• Students desiring to officially withdraw from the university must obtain a Withdrawal Form from the Registrar’s Office and supply all requested information and required signatures.
• The completed Student Withdrawal Form and the student ID card must be received in the Business Office before an adjustment can be made to the student’s financial record.
• The official withdrawal date will be the faculty-reported last date of attendance/participation in the course.
• The deadline for official withdrawal from the university is the last day of classes prior to the final exam period of each semester.
• Lipscomb charges a withdrawal fee.
Suspension, probation or withdrawal after the specified dates does not result in reduced charges or additional credits on the student bill.