Lee University, Cleveland TN
Lee University, Cleveland TN

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Frequently Asked Questions - Financial Matters

Q: How do I apply for scholarships?
A: The first step is to read carefully the steps found on the Financial Aid pages. The priority deadline for Fall is March 15th. All forms should be processed and on-file in the financial aid office. Don’t forget the endowment application that is only found online. It opens in early January and close on March 15th.

Q: What is the cost to attend Lee University?
A: The tuition rates are reviewed each December by the Board of Directors and they are published in mid January on the website.

Q: When do I have to pay and how much?
A: When possible, students should be prepared to pay full semester charges on or before registration. All students are required to pay at least one-third down on or before registration according to the deferred payment plan. Students who are unable to pay their accounts in full must either borrow the necessary funds or subscribe to the university’s deferred payment plan. The university also offers Visa, MasterCard, and American Express services by which students may pay on their accounts.

Deferred Payment Plan: Any full-time, on-campus student desiring to participate in the university’s deferred payment plan is required to pay $3,400 down at registration and the balance of the semester charges in three equal payments. Any part-time student or off-campus student desiring to participate in the deferred payment plan is required to pay 40% of the total charges at registration and the balance of semester charges in three equal monthly payments on the dates mentioned below. The same financial requirements apply to veterans and others in cases when money is not sent directly to Lee University. In all cases, when the student does not have the down payment, a commitment letter is required from those underwriting the student’s account.

Payment Schedule for Deferred Payment Plan

Fall Semester
▪ First payment by September 30
▪ Final payment by October 31
 

Spring Semester
▪ First payment by February 28
▪ Final payment by March 31
 

If payments are not made on the due date, a $25 fee will be assessed.

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