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Sponsored Accounts
The information provided here is for students who are working with a business or agency to pay all or part of their educational expenses. The information below will provide the "definition", "benefits", and the "requirements" of a sponsored account/student.
Definition:
A sponsored student is one for whom a business or agency has given the college a written contract to pay educational expenses in whole or in part.
Benefits:
- One billing statement for all sponsored students is generated to the agency.
- Billing statement will be sent to correct address/person
- One check may be written for all charges
- Finance fees are not assessed on agency accounts
Requirements:
- A completed Lane Community College authorization form (requires Adobe Acrobat Reader to view) must be received in the Sponsored Accounts area. All necessary information is included in this form, together with the student release allowing the sponsoring agency authorization to receive financial information regarding the sponsored student account.
- Preferably this form is to be received in the Sponsored Accounts office prior to registration , but should definitely be here prior to the 2nd billing to the student to prevent finance fees being assessed to the student's account. If the authorization is not received prior to the finance fees being assessed, it is expected that the charges will be paid by the student.
- Once the authorization has been received and the student has incurred charges, the business or agency may not refuse payment for authorized charges.
- BOOKSTORE CHARGES: Students may charge authorized bookstore items to their sponsored accounts through the seventh week of the term, but must take responsibility to check-out at the Agency Desk in the bookstore to facilitate proper coding of charges. This generates an itemized receipt which will be automatically sent to the sponsoring agency along with the bill.
- Due to program limitations, we are unable to monitor conditions for payment such as registrations for a specific class, satisfactory academic performance, or purchase of a specific textbook or supply item. If these conditions are a necessity, then another means of payment of the student's account will need to be negotiated between the student and the sponsor.
Sponsoring agencies are billed after the eighth week of the term. Bills are due upon receipt. Finance fees are not assessed on agency accounts but delinquency may result in refusal of service. AGENCY BILLS WILL INCLUDE A THIRD PARTY PROCESSING FEE IN THE AMOUNT OF $10.00 PER STUDENT PER TERM.
CONTACT:
Sponsored Accounts
Phone (541) 463-5602
FAX (541) 463-4126
PO Box 7100
Eugene, OR 97401-0025
FEDERAL TAX ID 93-0546223
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