Student Accounts: Business Office
Student accounts are handled by Lisa Wolf and Ursula Grzesiuk in North Hall. We produce the statements and work with families on payment issues. Financial Aid questions (grants, scholarships and loans) should be directed here.
Costs 2012-2013
Pay online
Fall 2012 Semester Information
*Payments for Fall are due August 16, 2012*
Returning students must have their account in good standing in order to be eligible to register for future semesters. Any accounts that are not current and in good standing will be placed on ‘hold’ and must be cleared by the Business Office.
Students with registration holds will be assessed a $40 late fee and must pay by August 23rd or come into the Business Office and make payment arrangements. Students with holds on their registration who do not clear the hold by August 29th with payment or a payment arrangement will be assessed further late fees and may have their classes canceled. This includes students with permission to return late.
Payments for new or transfer students are also due August 16, 2012.
Students who are not returning in the Fall need to notify the Dean of Students office, in order to avoid penalties on their student account.
2012-2013 Academic Year Billing Cycle and Due Dates
For Fall 2012, payment is due in full by August 16th unless you are enrolled in the Forester monthly Payment Plan (FPP). Payment in full and on time insures that you keep your chosen classes and prevents fines for delinquent payments. Please remember – while returning students pre-register in the spring, your registration is not confirmed until you complete your financial obligations.
For Spring 2013, payment is due by January 2, 2013. All students with unpaid accounts will be required to come to the Business Office prior to confirmation of registration.
Real-time account information is available online on my.lakeforest. Students can access these accounts at any time.
Statements are mailed on these approximate dates:
| June 1, 2012 | Preliminary Fall Semester statement |
| September 19, 2012 | Updated Fall Semester statement including amounts for course overloads and bookstore charges. |
| November 20, 2012 | Preliminary Spring Semester statement |
| February4, 2013 | Updated Spring Semester statement including amounts for course overloads and bookstore charges. |
| March 11, 2013 | Any unpaid balances will be placed on hold and will prevent room selection for Fall 2013. |
| April 15, 2013 | Any outstanding balance will prevent release of transcripts, diploma and could possibly prevent participation in graduation ceremonies. |
Interim statements are mailed as additional charges are added, such as parking tickets or library fines. Any outstanding balances are issued a final bill at the end of April.
Student Mailing Address for Billing Purposes
Statements are mailed to the student’s “legal home permanent” address. If you would like the bills mailed to an additional address, the student must submit a written request to the Business Office or stop by and fill out an address form for the additional “billing address.”
Financial Aid
Until registration, all financial aid is applied in preliminary status only. You will see your anticipated loan proceeds on your statement during this preliminary time, net of any fees the banks charge. After registration is final each semester, the institutional and federal grants are disbursed. At that time, the preliminary status loans and outside scholarships “disappear” and are applied to the account when the proceeds are actually received.
Remember that your family contribution as shown on your award letter from Financial Aid does not include the extra cost of a single room!
Also, work study funds will not appear on your statement as a credit. You may use paychecks from a work study job for books and expenses, or may turn the check over, in whole or in part, to pay tuition and fees. If you need to arrange student payroll deductions to make payments toward your bill, please call our office.
Bookstore Vouchers
There are two situations in which you can charge books and supplies on your tuition account.
- The first is when there will be an anticipated refund due to you after all payments and financial aid is applied. This type of voucher is administered by the Business Office.
- The second type of voucher is given by the Financial Aid Office and is dependent upon financial need.
Matriculation Deposits
When students leave the College, whether by withdrawal or graduation, the Business Office will return the matriculation deposit by check, net of any charges left on the account, to the student at the home address.
- The Business Office must be officially notified of the withdrawal by the Office of Student Affairs before this can happen. All withdrawals from the College are processed through the Dean of Students.
- Deposits for graduates are returned at the end of May.
Review Your Account
Review your tuition and fees account through my.lakeforest, a username and password are required. Real-time account information can be received by selecting the ‘Students’ tab then ‘My Account’ and ‘Click to Generate Statement’.
