Payment and Refund Policies

New Student Tuition Deposit 

All new (first time) students must pay a $100 tuition deposit in order to retain their enrollment place in their classes.  

Returning Student Tuition Deposit

By mid-April each year, returning students must pay a $100 deposit toward their fall tuition in order to retain enrollment and confirm registration in their classes.  Students that do not return must notify the registrar before the first day of classes in order to be eligible for a refund. 

Housing Deposit

All new students must pay a $100 housing reservation fee. Housing assignments are made only for those students who have paid the applicable tuition deposit and the housing fees. Housing assignments are made on a first come first served (first paid) basis. The fee is refundable (upon request) until May 1 for the fall semester and until December 1 for the spring semester.

Tuition Payment Options

All financial arrangements must be completed during the registration process.

• Tuition must be paid in full or a payment plan must be completed before a student's enrollment or re-enrollment is confirmed for the semester.
• Students not enrolled in a payment plan must pay all charges (for tuition, residency, and other applicable fees) in full prior to the first day of classes.
• Three month, four month and five month payment plans are available with Tuition Management Systems (TMS) at  www.afford.com.
• If you need information about payment plan options, please visit the TMS website at www.afford.com or contact the Student Accounts Office at 903-233-4130.
• Payment in full at registration or prior to the first day of classes may be made via LeTourneau's website at www.letu.edu/studentpayments.  We accept debit and credit cards, VISA, MasterCard and Discover.
• TMS payment plans should be made via the TMS website at www.afford.com/letu.
• In addition, payments are accepted by the cashier in the Student Accounts Office or by mail.  The address for submitting payments by mail is:
  
  LeTourneau University
  Attention:  Student Accounts Office
  P. O. Box 7001
  Longview, Texas 75607-7001

Note:  All checks, money orders, and credit card payments are subject to final payment by the applicable financial institution(s).  The University cannot assume any responsibility for the loss of cash sent through the mail.  All accounts must be paid in full before transcripts, certificates, or diplomas for academic work completed will be released.

Late Payments and Delinquent Accounts

We encourage you to contact your Student Account Representative anytime you know that there will be a delay in the receipts of your payment.  The phone number is 903-233-4130, or you may visit the Student Accounts Office between 8 a.m. and 5 p.m. Monday through Friday.

When an account becomes delinquent, the student will be asked to contact the Student Accounts Office to discuss the account.  Students that fail to contact Student Accounts are subject to dismissal from the University.

LeTourneau University employs professional collection agencies to process delinquent accounts and reports the delinquency status to the national credit bureaus. When an account is forwarded to a collection agency, applicable collection fees and interest will be added to the unpaid balance.

Tuition Refund Policy - Withdrawal from a Class

If a student withdraws from a class on or before the date established and published as the "last day for dropping a course with no grade," the tuition will be adjusted and any refund will be applied to the student's account.  N o refund of tuition is given when the student withdraws from a class after the last day for dropping courses with no grade.

Tuition Refund Policy - Withdrawal from the University

LeTourneau University has established a fair and equitable refund policy based on the regulations established in section 484B of the Higher Education Act.  Contact the University's Financial Aid Office to review the Act and the applicable regulations.

Prepaid tuition, lab fees, and charges will be refunded to the student's account based on the student's official withdrawal date. Room and board is prorated for the first nine weeks of class. Percentages for tuition refunds for the Fall and Spring semesters are as follows:   
Weeks 1 and 2 - 100%
Week 3 - 75%
Week 4 - 50%   
Week 5 - 25%   
Week 6 and after - no refunds.

Refunds (if applicable) are calculated in the following manner:

1. The amount that the student is to be charged for the actual time period enrolled is first determined.

2. The amount that the student was expected to pay for the term enrolled is determined.  This amount is calculated based on federal guidelines for return of Title IV (federal) funds up to and including the date on which 60% of the term is completed.

3. If the amount the student was expected to pay exceeds the charges for the time enrolled, the student will receive NO FEDERAL FINANCIAL AID.  This may result in the student owing the University funds despite the fact that they previously expected the assistance of Federal financial aid.  This is a federally mandated refund policy.

 If the amount the student was expected to pay from their own funds does not exceed the charges for the time enrolled, then the student will be allowed to retain a portion of the Federal financial aid (according to federal regulations) to pay the difference between what they were expected to pay from personal funds and what they were actually charged.

4. Students who have received Federal Title IV funds as part of their financial aid packages will be required to return those funds in the following order of priority:

a. Federal Family Education Loan (Stafford Loan) Unsubsidized funds.
b. Federal Family Education Loan (Stafford Loan) Subsidized funds.
c. Federal Perkins Loan Program funds.
d. Federal PLUS Loan funds.
e. Federal Pell Grant Program funds.
f. Federal SEOG Program funds.
g. Other Student Financial Aid funds.

5. A proportion, corresponding to the refund rate, of any institutional grant money awarded will be allowed to help cover the amount the student was charged for the time period enrolled.  This will be figured after all the above calculations have been made.

6. Since the refunds must be coordinated with the various lenders, please allow 30 days for the University to finalize the credits and/or adjustments to the student's account.  After this process is completed, if a refund is due it will be mailed to the address of record.  In addition, if charges remain due, an invoice will be mailed to the student.

Contact Us

To apply online to LeTourneau University, go to www.letu.edu/apply.

If you would like to schedule a personal visit, go to www.letu.edu/visit.

To contact an admissions counselor, call 1-800-759-8811, or send an email to admissions@letu.edu.