Paying Your Bill - Undergraduate Students
There are several options available for making payments on your account.
One-Time Payments
Lipscomb University uses the TouchNet system, which may be accessed through myLipscomb, to manage student accounts, which can be accessed through myLipscomb. Once you’re enrolled and ready to make a payment, you can make a one-time payment or sign up for a payment plan using TouchNet.
If you do not make complete payment or set up a payment plan prior to the deadline for each semester, you are at risk of having your schedule dropped. Following are the deadlines for each semester by which you must have either paid in full or set up a payment plan:
- Summer: May 1
- Fall: August 1
Spring: December 1
Tuition Payment Plans
TouchNet is a secure and convenient way to pay for tuition and fees. TouchNet offers monthly payment plans for checking/savings accounts, and families can also make one-time payments using a bank account, Visa, MasterCard, Discover or American Express.
| Fall Term Options | Spring Term Options |
|---|---|
| 5-Month Payment Plan: June – October | 5-Month Payment Plan: November – March |
| 4-Month Payment Plan: July – October | 4-Month Payment Plan: December – March |
| 3-Month Payment Plan: August - October | 3-Month Payment Plan: January – March |
All payment plans have a $60 enrollment fee per semester that is due when signing up for the plan. All plans are set up for automatic monthly payments, drafting on the 25th of each month. Any past due amounts are subject to a $40 late payment fee. Any returned payments are subject to a $30 returned payment fee.
How to Pay Your Bill Using TouchNet
Payments from a 529 Plan
A 529 plan is a tax-advantaged savings plan, formally known as a "Qualified Tuition Program," designed to help families save for future education expenses, including college, graduate school, and even K-12 tuition.
Lipscomb University uses Backpack to receive 529 payments electronically. The platform is free to use, and payments are directly integrated with our Cashier’s Office, so we’re notified the moment your transfer is initiated.
When families request payments through a 529 plan’s website, rather than using Backpack, the funds are typically mailed as paper checks to the school. Checks can introduce delays, errors, and added manual work for both families and university staff. Studies show that nearly 1 in 3 families using paper checks for tuition will face a payment issue at some point.
To avoid any issues, we ask that all families using a 529 plan use Backpack to submit their tuition payments electronically.
GradGuard Tuition Insurance
Lipscomb University has partnered with GradGuard, a leader in tuition insurance that collaborates with over 550 colleges and universities nationwide, to offer our families an exclusive Tuition Protection Plan option.
Understanding the significance of the financial commitment involved in pursuing higher education, this optional plan allows you to safeguard your investment from unexpected circumstances. Investing in tuition insurance can help ensure that, if an unexpected covered withdrawal occurs, it doesn’t have to financially derail your student's educational journey.
GradGuard offers plans and rates for Lipscomb students that are not available to the general public. You may purchase tuition insurance directly through GradGuard at this link. This insurance protects one academic term at a time and may be repurchased each semester. This plan must be purchased before the first day of classes for the selected term.
Please note: Lipscomb’s refund policy (found at this link) contains information regarding a student's financial responsibility and tuition and housing fees when a student withdraws.
Helpful resources: Tuition Insurance FAQ. GradGuard Brochure page 1 and page 2.
International Student Tuition Payments
With PayMyTuition, you can pay your tuition payments from any bank, in any country in any currency at better than bank exchange rates. Visit the international student tuition page to learn more or make a payment using the link below.