PAYING FOR COLLEGE
LTC payment methods include cash, check/money order, credit card (Visa or MasterCard), a completed
Financial Aid Award, a third-party authorization or by the LTC payment plan. Refer to MyLTC for
detailed payment plan options and dates.
Students who expect to have expenses paid by an agency such as the Workforce Investment Act
(WIA), Trade Adjustment Act (TAA), Veterans Benefits, or Department of Vocational Rehabilitation
should bring a letter of authorization stating the course or courses approved for payment, and which
items will be paid when the student registers or completes an Agency Payment Agreement if funding is
pending. Students who have not been awarded financial aid from LTC’s Financial Aid Office and elect
to sign a payment plan agreement must follow the payment plan guidelines and pay a nonrefundable
participation fee at the time of signing up for the payment plan unless the student chooses the auto-
withdrawal option for payment.
Any unpaid balance is the responsibility of the student. It is the student’s responsibility to ensure that all
applicable financial aid, third-party payments and other outside payments are applied to their account
as expected. Balances not paid by the due date are subject to:
•
A late payment fee of $30.00 for failure to pay by the due date. $72.00 maximum per semester
•
Referral to an outside collection agency and collection costs, and to the Tax Refund Intercept
Program or State Debt Collection
•
The withholding of transcripts, grades, diploma, etc.
•
Not being able to register until balances are paid
Students are expected to check their LTC email for important billing information. Paper bills will be
mailed out quarterly.
ACCIDENT INSURANCE (STUDENT MANDATORY)
All students enrolled in program courses will automatically be enrolled in the mandatory student
accident insurance program. This provides $50,000 of coverage at 100% if a student is injured in an
accident while in the classroom, lab, clinical or intern site. The student is also covered while
participating in any college or club sponsored event, and while driving to and from class or clinical/intern
site. Students enrolled in distance learning, on-line, basic skills, or adult and continuing education
courses would not be covered. The cost for this insurance is $6.00 per student/per term and will be
added to the students account.
DISPUTED FEE ASSESSMENT
Disputes regarding registration, withdrawals, and related fee assessments or refunds MUST be brought
to the attention of Student Billing and/or the Registrar during the semester in which the registration and
related fee assessment occurred. LTC’s obligation to follow-up on such disputes does not extend
beyond the term the disputed charges took place.
42
