Financial Arrangements

The tuition charged a student will always be the rate which is current for the program in which the student is enrolled, regardless of the course in which the student enrolls. The University reserves the right to make changes to all published rates of tuition and fees at any time without prior written notice.

Students must complete their financial arrangements no later than the beginning of each term. Students who do not make financial arrangements by the first day of the term will be assessed a fee of $150. The University offers the payment plans listed below, which must be contracted at the time of registration.

1. Payment in Full. Tuition, room, board, and any other fees are payable at the time of registration.
2. Deferred Payment Plans. For students eligible to register on the web, the University has contracted with FACTS Tuition Management to administer the payment plans. The nonrefundable enrollment fee for this service is $75 per semester for semester-based programs and $50 per term for term-based programs. For information and details about this payment plan, contact the Office of Student Accounts.
   Payment plans are available for courses lasting five weeks or more. Short-term courses of up to four weeks in length must be paid in full upon registration.
   1. a. Regional Campus Administration (RCA) Students, including CAPA and ULV Online: Minimum down payment of 25% of total tuition and fees at the time of registration, with the balance to be paid on the last day of the term.
   2. b. Monthly Payment Plans: Available in selected programs only. From 6 to 36 monthly installments, starting the month in which classes begin or as specified in the contract, each due the first of the month.

   All deferred payment plans require the completion of an agreement. If the student is listed as a dependent on another's income tax return, or is under 18 years of age, a cosigner is required on the agreement. No student is allowed to register for a semester/term if there is an overdue debt from a previous semester or term.

   All deferred payment plans require the payment of a fee at the time of registration or at the initiation of the monthly payment contract. The fee is based on the program in which the student is enrolled, as follows:

   Semester Based Programs........................$75
   Term Based Programs ...............................$50
   Doctoral Programs (6 installments)............$75
   RCA Education Programs (24-36 installments).........................$150
   Selected Masters Programs (12-18 installments)..................$75-$100

   All students electing a deferred payment plan who do not meet their payment dates will also be assessed a monthly late payment fee of $15 to $40 depending on the program in which the student is enrolled. The University reserves the right to impose finance charges on all unpaid balances.

3. Payment Methods. The University accepts payments by cash, by check, or by electronic check through the web at My ULV. Effective May 1, 2006, payments made by credit card will no longer be accepted directly by the university. All accepted credit card payments will be through an outside company utilizing the web and be subject to a convenience fee of 2.5%.