Whether your student is entering first year or going into fourth, attending postsecondary education requires some careful financial planning. To get the conversation started, we’ve come up with some topics you may want to discuss with your student.
There are many ways to make a Laurier education even more affordable. Students are eligible for scholarships, awards, government loans and bursaries, based on both need and academic achievements. If you have questions about financial aid, RESPs or other money issues, Service Laurier is a one-stop shop to help you sort them out.
Whether your student is entering first year or going into fourth, attending postsecondary education requires some careful financial planning. In as much advance as possible, sit down with your student and discuss the cost of his or her education and identify the financial resources that will be required.
If applicable, establish whether funding support will be provided to your student on a monthly or lump-sum basis and devise a contingency plan if the funding was to run out. Establishing a financial plan ahead of time will minimize stress, frustration and confusion in the long run.
Our Money Management program has a wealth of resources for your student, including financial coaching, how to budget, managing credit, and more.
Ensure your student is aware of important financial deadlines such as tuition fee due dates, OSAP application, late penalties, course add/drop dates, etc.
When it comes to paying for tuition and fees, our preferred method of payment is through online banking. It can be done in three easy steps:
We also accept the following methods of payment:
If you plan to utilize RESP funds, student loans, or third-party sponsorship to help cover tuition and fees, be sure to prepare the application with your student well in advance of any deadlines to avoid late fees.
Encourage your student to regularly check their LORIS account throughout the year to access personal information, course registration, student services and student awards and financial aid information. Transcripts, verification of enrolment and Canadian tax forms can also be here.
If you are planning to help pay for your student’s tuition, we encourage you to speak to your student about setting up a LORIS proxy account. This would allow you to access your student’s invoice and account summary information. It is the responsibility of the student to grant parent/guardians with proxy access.
Students can even earn a Money Management Certificate where they'll learn about:
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