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Offices & Departments

Student Financial Services

About Student Financial Services

Financial aid is a necessity for almost everyone attending college today, and Lackawanna College is sensitive to the challenges students and families face in paying for their studies.

Financing higher education should be a partnership between the student and his/her family, the state and federal governments, and the institution. It is our hope that this partnership will make it financially feasible to help our students find their future.

 

Find your 1098-T

Students may visit the IRS page on Form 1098-T to download tuition statement forms for their tax returns.

Payment Information

The College requires that all tuition and fees be paid in full or alternate arrangements made prior to classes beginning in any semester. A tuition payment arrangement is available from the Student Financial Service Office to any student who qualifies.

Lackawanna College also reserves the right to forward unpaid balances to our contracted collection agency or dismiss any students who do not adhere to scheduled payments or who attend classes without satisfying financial obligations. Any and all collection expenses incurred by the College to collect any delinquent receivables are the responsibility of the student.

Grades and/or transcripts will not be released to students who have outstanding balances. Students with an outstanding balance will also not be able to participate in commencement ceremonies. Registration for subsequent semesters is blocked for students with unpaid balances or who are delinquent on the payment plan.

All questions concerning tuition costs, student invoices, payments, and payment dates should be directed to the Student Financial Services Office.

Payment Options

The Student Financial Services Office accepts cash, personal checks, money orders, Visa, MasterCard, and Discover.

Credit card and electronic check payments may be made online using the student portal.

Payment Arrangement
Lackawanna College offers an interest-free payment arrangement to all students who qualify.

Employer Deferment
Payment of tuition may be deferred if the student has provided a completed Employer Deferment Form signed by the student’s employer. Students are required to pay all fees and any portion of tuition not covered by their employer by the semester due date or at registration.

Nearly 95% of the Lackawanna student body receives some form of financial aid. Each student’s financial situation is individually assessed after a thorough review of their submitted financial information. In order to begin the financial aid application process, the federal government requires you to complete the Free Application for Federal Student Aid (Lackawanna College School Code: 003283).

Additional data is available online at www.studentaid.ed.gov. or www.fafsa.gov.

Lackawanna College also offers a number of scholarships, and there are also grant and loan opportunities to help you pay for your college education.

Loan Default Prevention

A student loan is a serious obligation and must be repaid. Please refer to the Loan Default Prevention Handout here for more information on deferment, grace periods, types of repayments, and more!

National Student Loan Data System

Institutions that enter into an agreement with a potential student or parent of a student regarding a Title IV loan are required to inform the student or parent that the loan will be submitted to the National Student Loan Data System (NSLDS) and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system.

Consumer Loan Disclosure Notice

In compliance with federal regulations under HEOA Sec. 489 amended Sec. 485B (d) (4) (20 U.S.C. 1092b), the College is required to notify you that approved loans will be submitted to the NSLDS by the U. S. Department of Education and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system as determined by the U. S. Department of Education.

Constitution Day

The Consolidated Appropriations Act of 2005 states that “each educational institution that receives Federal funds for a fiscal year shall hold an educational program on the United States Constitution on September 17 of such year for the students served by the educational institution.”

For more information, visit the Constitution Day website.

For helpful tips on beginning the financial aid application process, please review the College’s Financial Services Checklist.

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