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Tuition Payment Plan Program
Laurier provides graduate students with a unique tuition payment option designed to help alleviate the financial pressures of pursuing graduate studies. The payment plan is open to graduate students who must apply to participate in the plan on a term by term basis.
Application Deadlines
Enrolment for the Graduate Student Tuition Payment Plan for the Spring 2023 term is now closed. The deadline to complete the Graduate Tuition Payment Plan form for the Spring 2023 term was April 23, 2023, by 11:59 pm (EST).
How the Plan Works
Students enrolled in the plan can pay tuition fees in three (3) equal installments applied monthly to their financial account. Payment due dates for each installment are invoiced after each installment effective date, which are noted below.
Cost of the Plan
There is a $50 non-refundable Grad Financing Fee for each term a student is enrolled in the plan. This fee covers the administrative costs of implementing the plan.
Installment Effective Dates
Installment Effective Dates are not payment due dates. Each installment effective date (see dates below) will have a specific due date. Invoices with due dates will be issued and applied to your student account after each installment effective date. A late fee of 1.25% will apply on any balances not paid by the installment due date.
- First installment date: May 4* (this will also include the $50 Grad Financing Fee and, if applicable, any other fees not eligible to be included in the plan)
- Second installment date: June 4*
- Third installment date: July 4*
A notification will be sent to your MyLaurier student email account after each installment effective date to let you know when your invoice has been posted to LORIS and the invoice will include a payment due date.
To be eligible to participate in the plan, you must:
- Be currently registered in courses for the Spring 2023 term.
- Have a minimum Spring 2023 term balance of $1,325 or more.
Total late fees on balances less than this amount would be less than the non-refundable $50 payment plan financing fee. - Have no amount owing from the previous term; if you owe previous term fees you will not be approved for enrolment in the plan.
- If you applied by the April 23rd deadline and are approved to participate, notifications will be sent out to your MyLaurier email account.
- For those approved to participate in the plan, plans will be processed and Laurier student accounts will be updated before the first installment effective date, which is May 4.
- If you are approved to participate in the plan, full payment for Spring 2023 term will not be required by the Spring 2023 term invoice.
- You will be invoiced with a payment due date for the May 4 installment effective date shortly after May 4 2023.
- Monthly installment amount will be applied to your student account as outlined in the installment effective dates and an invoice will be posted to your LORIS account shortly thereafter with the applicable due date for that installment.
- If you have outstanding fees from a previous term or have not fulfilled previous plan payments, you will not be eligible to participate in the plan unless the previous term's fees have been paid in full by the plan’s enrolment deadline.
- OSAP recipients: If expected OSAP funding directed to Laurier will cover or exceed the amount of fees you are owing, enrolment in the plan is not recommended.
- If a late, or an increase, of financial support (including any OSAP funding) becomes available after the plan has been implemented and results in a credit balance, the plan remains in place for the term (service charge continues to be non-refundable) and the credit balance will reduce as installment amounts become effective and are applied to your student account. Only credit balances exceeding the remaining installments owing under the plan will be eligible for refund upon request on LORIS.
- If you are enrolled in a graduate program with a Major Research Paper/Thesis/Dissertation oral examination and already have a defence date scheduled or expect to complete all the degree requirements (defence and submission of final post-defence documents) by the end of the first month of the semester, you should not enrol in the plan.
- Once your plan for the term has been processed, the installments are static. New fees applied to accounts after the plan has been processed will not be included with the active plan and your monthly installments will not be adjusted. These fees will be included with the next installment invoice and will be due by that invoice due date. Fees can include: transcript/letter requests, parking permits, UHIP fees, etc.
Request to enrol in the plan by submitting the Graduate Student Tuition Payment Plan Form.