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Money Matters

Financial Aid

International Students should plan on paying for the majority of their LETU education.

Since payment is due in advance of the start of the semester, international students should plan to pay all tuition and fees for the semester 15 days before classes start.

International students are eligible for LETU's Merit-Based Financial Aid, such as the Honors, Deans and Presidential Scholarships. LETU is not able to assist students in searching for sponsors or aid outside of these scholarships.

To learn more, contact the Financial Aid Office.

In order obtain the I-20, you must submit all relevant application documents in addition to proof of financial resources. Please have your bank send a copy of your bank statement to Office of International Studies

LeTourneau University
Office of International Studies
2100 South Mobberly Avenue
Longview, TX 75602 USA

The submitted monetary documentation must show you have the resources to cover the cost of one academic year (two semesters) at LETU.

A wide variety of part-time jobs are available on campus for international students, but should not be seen as a way to pay for all educational expenses



Your course and fee statement is available through your MyLETU page on the Enrollment Checklist under View/Pay My Bill. The course and fee statement allows you to view tuition, fees, and housing costs prior to arriving at LETU for the semester. Please note that if you will be using the Textbook Butler program through Tree of Life to get your textbooks, those charges will not appear on your course and fee statement until the books arrive on campus approximately one week before the semester begins. You will be able to make payment or payment arrangements for the books after those charges area applied to your account.

Payment based on this course and fee statement should be sent to LeTourneau so that your registration status will be confirmed for the semester. The following payment options are available:

  • Personal Check or Cashier's Check
  • Debit/Credit Card (2.75% Convenience Fee assessed for all Debit/Credit Card payments)
  • Wire funds through our payment partner FlyWire

If you or your parents choose to make a debit/credit card payment, please do so through your Enrollment Checklist on the MyLETU page under the View/Pay My Bill option.

Due Date

  • Payment in full for tuition, fees and room and board must be received at LeTourneau by the payment deadline, in preparation for your arrival on campus.
  • If payment is not received by the payment deadline, you will be dropped from your course selection until payment is received.
    • For the Fall semester, payment will be due on or before August 1st.
    • For the Spring semester, payment will be due on or before January 1st.
  • For concerns about meeting these payment deadlines, please contact Student Accounts at studentaccounts@letu.edu or 903.233.4130.

International Wires:

If you plan to pay by international wire transfer, please do so using our payment partner FlyWire.

LeTourneau University has chosen to partner with FlyWire to make your international payments safe and easy. FlyWire allows you to pay from almost any country and any bank. They also offer excellent foreign exchange rates, allowing you to pay in your home currency (in most cases) and save money, compared to traditional banks. You will be able to track the progress of your payment throughout the transfer process with a student dashboard and you will also be notified by email when your payment is received by LeTourneau.

You can begin the process by creating an account at www.flywire.com/pay/letu and FlyWire will walk you through the process of initiating the wire transfer through your home bank.
If you have any questions, please contact the Student Account office at @ 903.233.4130 or studentaccounts@letu.edu.


If you need to cash a personal check, you may do so at the Cashier Window on the second floor of the Library. Guidelines for cashing checks will be explained to you at the window.
Cashier Window Hours: Monday through Friday, 9:00 AM - 4:00 PM.


Information typically needed to open a bank account:

  • LETU Student ID card
  • Passport
  • I-20 & I-94
  • LETU Address and CPO number
  • Local telephone number
  • Money (each bank has a required minimum to open an account)

Difference Between Savings Account and Checking Account

A savings account earns interest. If you have several hundred dollars above your routine living expenses, a savings account is a safe way to invest that money. Your checking account is designed for your daily transactions like your bills and spending. You can withdraw any amount from a regular (or passbook) savings account whenever it is necessary. If you have a savings and checking account at the same bank, you can transfer funds from your savings to your checking account over the phone or online.

Debit Cards/Check Cards

A debit card (also called a check card) is NOT the same as a credit card. When you use a debit card, the money is immediately withdrawn from your checking account. Therefore, it is important to know the balance in your account to avoid making purchases that exceed that amount.

Using an ATM

Automated Teller Machines (ATMs), allow you to make cash withdrawals, deposits, and transfers between accounts. You can also view your account balance. This is free at your own bank and its branches, but when you use another bank's ATM (for any reason), both your bank and the other bank could charge you a bank fee*. There is a limit on how much money you can withdraw from an ATM at one time or on one day. Check with your bank to see what the limit is.
*There is an ATM on LETU's campus, located on the first floor of Allen Family Student Center the vending area across from the media room, but the campus ATM may not be your bank's machine.
Below is a partial list of banks in Longview. We are not recommending any particular bank. You can check the local phone book or online for other banking options.

Some Local Banks

Austin Bank
308 E Loop 281

Chase Bank
116 E South Street

Community Bank
2440 S High Street

First Convenience Bank
4006 Estes Parkway

Regions Bank
208 N Center Street

Texas Bank and Trust
300 East Whaley Street


Credit Balance refunds will be processed via the students' refunding method, selected through the students' Nelnet portal. Students will need to Create an Account with Nelnet and then Enroll in a Refund Method, so that they will be prepared to receive any available refunds. For a Refund Method selection, students will select from a Direct Deposit option or a reloadable debit card option.

To Create an Account:

  • Log on to your MyLETU account
  • Select the Student Accounts Tab
  • Then select the Refund Management option on the left hand menu
  • You will then have a button to select Refund Management. This will take you to the Nelnet site.
  • Follow the prompts to Create an Account
  • After creating an account - select Manage Refunds from the Home tab to walk through Enrolling in a Refund Method.

Credit balance refunds will not be disbursed until the financial aid has actually been received and posted to the student's account. Student will receive an email notification when their aid funds have posted to their student account.


LeTourneau University
PO Box 7001
Longview, TX 75607

Business Office hours:
8am-5pm Monday through Friday

Cashier hours:
9am-4pm Monday through Friday


Ronda Burrows

Senior Director of Student Financial Services


Make a Payment Online