fbpx

Nelnet Payment Plan

Lake Land College offers the Nelnet payment plan that allows students to spread their tuition payments out over the semester as opposed to pay their bill in full. Normally, students are required to pay tuition in full by mid-term. If they do not, they are unable to register for classes the next semester or obtain transcripts and have to pay 1.5 percent interest on the balance due.

Automatic Payment Plan Information

Advantages include:

  • Easy online enrollment
  • Monthly payment plan
  • Flexible payment options
  • No interest

Payments

Payments are processed on the 20th of each month and will continue until the balance is paid in full. Payments can made through:

  • Automatic bank payment (ACH)
  • Credit/debit card (an additional fee may be assessed)

Cost to Participate

  • $25 per semester nonrefundable enrollment fee (paid via ACH & credit/debit card)
  • $30 fee if a payment is returned

Simple Steps To Enroll

Target Dates to Enroll By

Summer 2020 Payment Plan available on March 25, 2020
Last day to enroll online Required down payment Number of payments Months of payments
May 12 none 3 May-July
May 26 35% 2 June-July
June 12 50% 1 July only
Fall 2020 Payment Plan available on March 25, 2020
Last day to enroll online Required down payment Number of payments Months of payments
June 18 none 6 June-Nov
July 7 none 5 July-Nov
July 24 25% 4 Aug-Nov
August 28 25% 3 Sept-Nov

Payment Plan Availability

Availability of the payment plan is determined by Lake Land College. Please be aware the College may elect not to have the payment plan available during specific times and dates during registration.

Balance Adjustments

Students should review their agreement balances online through “My Payment Plan Account” or contact the Lake Land College Accounting office at 217-234-5214 to confirm any changes due to financial aid and/or registration changes.

Additional Help

Please call Nelnet Business Solutions at 1-800-609-8056. Customer Service Representatives are available Monday through Thursday, 7:30 am to 7:00 pm (CST), and Friday 7:30 am to 5:00 pm