Financial Information

Tuition and Fees 

Tuition

Room and Board

Undergraduate Full Time on Campus

Health Insurance

Domestic Student Health Insurance is not available through Lenoir-Rhyne. International Student Health Insurance rates are as follows:

Other Fees

Students will be assessed other fees for the services indicated below:

Course Fees: some courses have additional course fees to cover additional expenses. Course fees are noted in the course description for each individual course and/or on the course syllabus received at the beginning of each course.

Credit by Examination Fee: $200 per examination.

Room (Housing) - Hickory Campus

Lenoir-Rhyne provides semi-private rooms for all interested students at the rate listed above (which includes room and board). Additional room charges are as follows:

Single Room Rate

The opportunity exists for upper-class students to obtain a single for a fee (listed above) in addition to the regular, shared room rate. This opportunity exists only on a space-available basis.

Residence Hall Damage Deposit

Rental of a residential area is a contractual agreement, and rooms will be rented only to full-time students. A signed housing agreement is required before students are allowed to occupy a room. A one-time residence hall damage deposit of $ 200 will be assessed with the fall semester billing. This deposit is refundable after a student ceases to rent a residence hall room.

Board (Food Service) - Hickory Campus

The University offers food service to students in four main locations: the Cromer Center Dining Hall, Chick-fil-A, and Joe’s Coffee. The Dining Hall offers all-you-care-to-eat dining at every meal. Meals are served in the Dining Hall only during times when the University is in session.

The University offers the following meal plan options for residential students:

Plan #1: Unlimited + 7

• Standard Room & Board Plan plus $125.00 per semester
• Unlimited meals per week in the Cromer Dining Hall
• 7 Meal Exchanges per week at Joe’s Coffee and Chick-Fil-A.
• $250 Bear Bucks (declining balance) per semester

Plan #2: Unlimited +6

• Standard Room & Board Plan plus $75.00 per semester
• Unlimited meals per week in the Cromer Dining Hall
• 6 Meal Exchanges per week at Joe’s Coffee and Chick-Fil-A.
• $200 Bear Bucks (declining balance) per semester

Plan #3: Unlimited +5

• Basic Plan - included with standard Room & Board rate
• Unlimited meals per week in the Cromer Dining Hall
• 5 Meal Exchanges per week at Joe’s Coffee and Chick-Fil-A.
• $150 Bear Bucks (declining balance) per semester

*Bear Bucks can be transferred from fall to spring, but expire at the end of spring semester.

The University offers the following meal plans for commuter students*, faculty and staff:

*All full time undergraduate commuter students are automatically assessed a $150 Declining Meal Plan balance each semester. If the student uses all funds they may add more funds to the Declining Balance or purchase one of the meal plans above.

All charges for Meal Plans include any applicable NC Sales Tax. The declining balance can be added at any time and for any amount.

Payments and Refunds

Statements provided to students and/or parents prior to the beginning of the semester will reflect charges, credits, deposits, and a pro-rated portion of financial aid known at the time the statement was generated. Balances on accounts unpaid after the due dates listed on the statements are subject to finance charges that accrue every 30 days at a rate of 1.5% per month. Accounts that are past due may be turned over to a collection agency at which time additional fees may be incurred. The charge for returned checks is $25.

Any students who have a prior unpaid balance on their account at the time of registration will not be permitted to register for new courses, receive copies of transcripts or their diplomas, live in a residence hall, or receive meals in the university cafeteria.

Deposits are credited to the account in the first session. Students who do not matriculate or who withdraw within the first two weeks of a semester forfeit their deposit. Room charges are not refunded and board charge refunds are pro-rated on a weekly basis. Tuition charge adjustments are based on the following:

Withdrawal from classes: Course charges are based on the student’s registration as of the end of the Add/Drop period. No refunds will be given for individual course withdrawals after the end of the Add/Drop period except in the case where the student officially and completely withdraws from the University.

Withdrawal from University: Students who withdraw from the University must be removed from all courses by completing forms with the Office of Student Success and Retention.

The return of Financial Aid is based on the official withdrawal date - the date in which the student initiated withdrawal from the university with the Office of Student Success and Retention. A fair and equitable tuition adjustment will be calculated according to the University Withdrawal Policy as follows:

Tuition Adjustment Schedule for Fall & Spring Semesters

Tuition Adjustment Schedule for Summer Semester

*Note: for Maymester refund schedule, please contact the Office of Student Accounts.

Return of Title IV Policy

The treatment of Title IV aid is governed by the Higher Education Amendments of 1998, Section 484B 34 CFR 668.22. These Federal Regulations require Lenoir Rhyne University to determine the amount of aid a student earned based upon the length of time the student is enrolled during a semester (payment period). This process is called a Return of Title IV Aid calculation.  The Return of Title IV Aid calculation is based on a student’s withdrawal date. An official withdrawal date is defined as the date in which the student initiates contact with BEAR Central and/or the date in which said office becomes aware of the withdrawal from another university official. An unofficial withdrawal date is assigned to a student who does not successfully complete any of his / her courses (receives all F grades or U grades), stops attending classes and does not complete any coursework as of the 50% point of the semester without officially withdrawing from the university, as required. If a student completes 60% or less of the term, the percentage of the semester completed is the percentage of aid earned. If a student completes at least one day beyond the 60% point of the semester, the student will earn 100% of the aid disbursed. 

In accordance with Federal Regulations the Office of Financial Aid will:

• perform the calculation to return funds within 30 days of a student’s withdrawal, and
• funds will be returned to the appropriate federal aid program within 45 days of the withdrawal date         

Following a complete withdrawal from the university (as defined in the Academic Regulation Policy) the Office of Financial Aid will first determine if any Title IV Financial Aid Programs need to be repaid by either the university or the student. The amount of university reimbursement due to financial aid programs as determined by the Return of Title IV Aid calculation must be repaid before a tuition adjustment can be calculated. If the Return of Title IV calculation results in an amount to be returned that exceeds the university’s portion, the student will be notified and responsible for returning this portion.

Reimbursements to Title IV Financial Aid Programs are distributed in the following order:

1. Unsubsidized Direct Loans 
2. Subsidized Direct Loans
3. Direct PLUS Loans
4. Federal Pell Grants
5. Iraq and Afghanistan Service Grants
6. FSEOG
7. TEACH Grants

Eligibility for post-withdrawal disbursements is considered within the Return of Title IV Aid process. After a student has withdrawn, the Office of Financial Aid will notify the student of any funding available to them through a post-withdrawal disbursement via email, and by mail. This notification will be provided to the student within 45 days for federal grants, and within 30 days for federal loans. The Office of Financial Aid request the student return the disbursement approval form provided to them within 14 days. Post-withdrawal funds will be applied to outstanding student account balances, and any resulting credit balance on the student’s account will be disbursed to the student within 14 days of the post withdrawal disbursement.

Lenoir-Rhyne reserves the right to modify the university withdrawal policy to comply with federal, state, and other regulatory bodies.

Return of Unearned Military Tuition Assistance (TA) Policy

The treatment of Military Tuition Assistance is governed by the Department of Defense. Military Tuition Assistance (TA) is awarded to a student under the assumption that the student will remain enrolled for the entire period for which the assistance is granted. When a student withdraws from the university, the student may no longer be eligible for the full amount of Tuition Assistance originally awarded. To comply with DOD policy, the university will return any unearned TA funds on a proportional basis through at least the 60 percent portion of the student’s period of enrollment. The funds will be returned back to the governing agency/branch of service.

The return of unearned Military Tuition Assistance percentages of return are aligned with the Return of Title IV policy governed by the Higher Education Amendments of 1998, Section 484B 34CFR 668.22.

In instances where a student discontinues attendance due to a military service obligation, the university will work with the affected student (service member) to identify appropriate solutions that will not result in student debt directly related to the returned portion of Tuition Assistance.

Payment Plans

The University recognizes the substantial burden of paying for and financing higher education. In order to assist students and parents with this issue, the University offers a per semester payment plan that will assist students and parents in paying for tuition by providing 4 monthly payments beginning in August for Fall semester and December for Spring semester. Payment plan options may be reviewed through the student’s myLR account by reviewing the “Make a Payment” screen. If you are interested in this service you can learn more by contacting (828) 328-7105.

Adjustments to Charges

Lenoir-Rhyne University reserves the right to adjust any and all charges at any time and to modify refund policies in order to maintain compliance with federal, state, and other regulatory bodies. In general, the university adjusts tuition and fees on an annual basis.