Financial Information

Payment Policy
All tuition and fees are payable during registration. However, student loans are available. For more details concerning student loans, see the following student loans section.

Student Loans
Students who qualify with good standing credit may apply for a student loans. Student loans allow students who are unable to pay in one lump sum to pay in convenient monthly installments.

Students who wish to apply for a student loan are required to fill out a loan application that is available at the administration office during normal business hours. Students are required to pay the amount of the loan plus any interest.

Students with loan applications that are approved by the university must sign a payment Schedule Agreement that specifies the dates that the student is expected to repay the loan. Failure to make any payments listed on the Payment Schedule Agreement to the university on the duedates, without any arrangement, is considered sufficient ground for barring the student from further attending classes or taking examinations, until the terms for settlement have been arranged with the Financial Officer. students who are delinquent on any of the payments may not register for the following quarter and will not receive their diploma until all financial obligations are settled with the administration office.

University Scholarship
Life University awards a limited amount of tuition scholarship on a quarter to quarter basis to truly deserving students who meet the following qualifications:
* the student must be accepted for admission
* the student must submit na application for scholarship
* the student must satisfy the scholarship requirements established by the Scholarship
Commitee of the university.
* the student must submit any additional documents requested by the Scholarship Commitee
required assessing the student's scholarship application.
* apply at least two weeks prior to the beginning of any quarter.
* maintain the minimum Standards of Student Achievement.
If a student fails to maintain the minimum Standards of Student Achievement, financial aid may be terminated after a one quarter grace period until the required levels are reached. A student who loses eligibility for financial aid may re-establish eligibility by maintaining the minimum Standards of Student Achievement.

Students that are admitted provisionally are not eligible for university scholarships.

Further detail regarding Life University's scholarship programs and its requirements may be found at the administration office.

Veterans Benefits
Withdarawal and Refund Policy: The amount charged to veterans and other eligible persons for tuition, fees and other charges for a portion of the course will not exceed the approximate pro rata portion of the total charges for tuition, fees and other charges that the length of the completed portion of the course.

The maximum fee that will be witheld for registration shall be $10. Any amount that exceeds $10 shall be prorated.

Students may find additional information regarding Veterans Benefits under the Academic Regulations section of this catalog.

Class Availablity
The availability of each on site course listed in the catalog is contingent upon the requisite number of students registering for each course.

Enrollment Cancellation
All students have the right to cancel their enrollment for a course of instruction, including any equipment such as books, materials and supplies or any other goods related to the instruction offered in the Enrollment Agreement, until midnight of the fifth business day from which the student attended the first class. Business day means a day on which the student is scheduled to attend a class session.

Cancellation shall occur when the student gives a written notice of cancellation to the registrar's office. This can be done by mail, hand delivery, or telegram. The written notice of cancellation, if sent by mail, is effective when deposited in the mail properly addressed with postage prepaid. The written notice of cancellation need not take any particular form and, however expressed, it is effective if it shows that the student no longer wishes to be bound by the Enrollment Agreement. Students will be given two "Enrollment AGreement Cancellation" forms at the time of enrolling to use in the event he/she decides to cancel their enrollement, but may use any written notice that they wish. The "Enrollement Agreement Cancellation" forms may also be obtained at the administration office during normal business hours. If the Institution has given the student any equipment, including books or other materials, he/she shall return it to the University within 30 days following the date of the notice of cancellation. If the student fails to return any equipment, including books, or other materials, in good condition within 30 days following the date of the notice of the cancellation. If the student fails to return any equipment, including books, or other materials, in good condition within 30-day period, the University may deduct its documented cost for the equipment, etc. from any refund that may be due to the student. Once the student pays for the equipment, it is theirs to keep without further obligation. If the student cancels their enrollment, the Institution will refund any money that he/she paid, less any deduction for equipment, etc. not timely returned in good condition, within 30 days after your notice of cancellation is received.

Withdrawal from a Course
All students have the right to drop or withdraw from any course of instruction at any time. All requests to drop or withdraw a course must be in writing and delivered to the Registrar's office in person or by registered mail. If mailed, the date posted on the envelope constitutes the effective date of drop or withdrawal. Forms necessary to drop or withdraw are available at the Registrar's office.

Refund Policy
Tuition refunds are made for withdrawal from a course(s) when an official Schedule Adjustment (Drop/Add) Form is filed with the Registrar. Students may withdraw from a course and receive a full refund anytime prior to the beginning of the course or during the first week of a quarter. The date of withdrawal is certified as the date on which the Schedule Adjustment (Drop/Add) Form is filed with the registrar (not the date of the last class attended). Failure to attend class does not constitute withdrawal. Students failing to properly withdraw from a course will not receive a refund.

Refunds are issued according to the following schedule minus any nonrefundable fees:
100% refund Friday, 1st week
75% refund Friday, 2nd week
50% refund Friday, 3rd week
25% refund Friday, 4th week
No Refunds after the 4th week

Auditing a course or being allowed to take a course for non-credit means a student has obtained permission to attend the course and is not enrolled for academic credit. Thus, audit or non-credit courses cannot be dropped nor reunds issued. Audited courses are not listed on transcripts.