Nursing education is an investment in your future, resulting in higher earning potential and greater career choices. Lakeview College of Nursing actively works to keep costs down while maintaining high standards.

Tuition:  $430 Per Credit Hour Regardless of Residence [Approximately $6,450 per Semester (based on 15 cr. hrs.)]

Fees for all courses at both campuses: $65 Per Credit Hour* [Cost Range for 1-15 hrs. = $65 - $975]

Proficiency Examination Fee: $100 for Each Test

Portfolio Fee: $100 per Credit Hour

Lab Equipment Fee for N201 and N210: $50 for each course [$100 total for both courses]

Fees Associated with N408:  Graduation $185, NCLEX-RN Review $370 [subject to change] [$555 total]

OPTIONAL:

Offered during semester 4: ACLS Certification (cost approximately $150)

Offered during semester 4: PALS Certification (cost approximately $150)

Student Insurance Fee (Charleston Students): 

All inquiries related to EIU Student Insurance should be directed to the Student Insurance Office at EIU by calling 217-581-5290. Rate is established by EIU and is subject to change.

*Please Note: (Charleston Students)

LCN/Charleston students are charged additional fees by Eastern Illinois University. Charleston students have access to several services offered by EIU (recreation center, computer labs, library, health services, union center, etc.) Charleston students may check their billing for fees through EIU’s PAWS system. Students have access to PAWS from: EIU’s home page: http://www.eiu.edu or the PAWS website: http://www.eiu.edu/paws . New students will need their EIU Net ID and Net Password in order to access PAWS. Following the Lakeview deadline to drop courses, Lakeview reimburses EIU $65 per credit hour (up to 12 credit hours per semester) for student fees reflected on EIU billing statement.  This reimbursement does not include any fees assessed by EIU for campus improvement, parking fees, library fees, etc.  A student will not be able to register for the next semester if they have an outstanding account with EIU.

Other Expenses
Semester I	$1,410
Includes: Books, Uniform (see clinical dress code), Pen light, Watch with a second hand, Bandage scissors, Stethoscope, Blood Pressure Cuff with Sphygmomanometer
Semester II	$820
Includes: Books
Semester III	$250
Includes: Books
Semester IV	$900
Includes: Books, Cost for NCLEX-RN State Licensing Fees, & Fingerprinting
Optional Expense
Oto-Opthalmascope	$275

Please Note:

Books, equipment, etc. may be purchased through the Follett Bookstore at Danville Area Community College - 217-443-8759, the Eastern Illinois University Union Bookstore - 217-581-5821, or another vendor.

Accounts are due and payable in full on or before the date specified on the semester invoice, in accordance with the academic calendar. Students who do not pay in full, set up a payment plan through Lakeview (FACTS), and/or demonstrate approved financial aid coverage before the date specified will be dropped from all courses. Students Account Statements are mailed once and thereafter, students may log into SONIS to view their account statements.

All fiscal obligations must be cleared prior to registration for a subsequent term and prior to graduation on both campuses. Failure to make restitution will result in your ability to progress, or holding of diploma, transcripts, and Certification of Education form sent to the State by the College which allows you to sit for the NCLEX examination.

Financial obligations may be met through direct payment, scholarships, grants, loans or payment plans. Information about financial assistance may be obtained from the College Financial Aid Office.  Any funding source received on the student’s behalf, and processed by Lakeview College of Nursing, shall first be applied to any outstanding current balance of the direct cost of tuition, fees and books. 

Students can demonstrate the ability to pay tuition and fees in one of the following methods:

1. Payment in full prior to the start of classes by the specified billing deadline.

2. Authorized (completed and verified file) financial aid and/or scholarship award at a level to fully cover tuition and fee costs.

3. Authorized third party pay (such as College Illinois, Voc Rehab, WIA, etc.).

4. Utilization of the FACTS tuition payment plan secured by specific billing deadline.

Any outstanding balance owed by students for tuition, fees, and books, after the funding source has been exhausted, may be paid to Lakeview via the student FACTS payment agreement and/or cash, check, money order, Visa or MasterCard.  Students must maintain prompt monthly payments to be eligible for continued payments via FACTS.

To sign up for FACTS fill out the form located on their website. https://signup.mypaymentplan.com/signup/T1pp?coll=lakeview . Please make sure you know your balance due and student ID number before filling out the form. Please contact the cashier at 217-709-0922 or studentaccounts@lakeviewcol.edu if you have any questions.

Students must keep current with fiscal responsibilities and follow financial aid guidelines if utilizing this resource.  Students must use financial aid for semester intended.  (e.g. It is not possible for students to use current semester loan monies for a previous semester). 

Except for Scholarship Awards, requests for refunds of tuition and mandatory fees are made through the Cashier's Office and forwarded to the Business Office for approval. The term "refund" is defined as the cancellation of an unpaid obligation as well as an actual refund of an amount previously paid. Appeals of denials of refunds may be made to the College President.  However, please keep in mind that students may NOT appeal a refund of federal or state financial aid due to withdrawal grades.

All student accounts will be refunded in accordance with established College procedures:

1. 100% Refund - If the initiation and completion of the withdrawal is made through the Director of Enrollment/Registrar by Noon as follows:  by the end of the 2nd class week within a 16 week semester; by the end of the 1st week of class for summer session; and by the Monday following the 1st class meeting for weekend format courses. 

2. Duplicate or Overpayments - Refunds will be made in cases of duplicate payments or overpayments.

3. Other Fees and Charges - Except for course fees, all other fees and charges are non-refundable.

4. No Refund will be given for withdrawals made after the deadlines stated above. 

5. Military Benefits - Special Circumstances: A soldier ordered into service by the Government will need to speak with the Business Office.

6. Aid in excess of your statement of accounts will be refunded to you once the funds are received from the federal government. Refund checks are generally available 30 days after the start of classes each semester. Students should come prepared to meet their school/living expenses prior to issuance of refund checks. Emergency loans will not be issued at any time.

7. Each semester, all credit balances will be refunded in a timely manner. No balances will be carried forward to another semester.

Private Loan Funds are received electronically by the College and posted directly to the student’s LCN statement of account. In case of a credit balance, a refund check will be generated.

Financial assistance at Lakeview College of Nursing is available in the form of scholarships, grants, and loans.  In-depth information and counseling may be obtained from the Financial Aid Office located on the second floor, room 202, of the Danville Campus Building.  Office hours are 8 am to 4 pm Monday through Friday.

How to Apply for Financial Aid

To be awarded Federal and/or Illinois State student financial aid to attend Lakeview, you will need to be accepted and enrolled as a degree seeking student at LCN, have a completed and verified Student Aid Report and meet any other criteria designated by the student aid program(s).

Complete the Federal student aid application called the Free Application for Federal Student Aid (FAFSA) via the Internet at www.fafsa.ed.gov.  Lakeview's school code is #010501.

The result of the FAFSA is the Student Aid Report (SAR). You will have the opportunity to print and/or review your SAR via the Internet site. We receive an electronic version of this report. The SAR will be used to determine which programs you qualify for and how much aid you will receive. The LCN financial aid office will let you know what additional documents you may need to submit to the office to complete the verification process.

If you are male and required to be registered for Selective Service, you must be registered with Selective Service to receive student financial aid. If you wish to register electronically visit the Selective Service website at www.sss.gov.

A student must be enrolled in the minimum number of hours required by the financial aid program.

LCN performs verification on all students applying for financial aid.

Financial Aid Eligibility

Student aid will only be awarded based on LCN credit hours. When packaging awards no “concurrent” enrollment with another school will be considered. Most federal and state financial aid is awarded on the basis of demonstrated financial need. The formula used to determine who has need and who does not is:

• Student Budget - Expected Family Contribution = Financial Need

• Student Budget is the cost of attending college (tuition, fees, transportation, books, supplies, etc.). Expected Family Contribution is taken from the student's Student Aid Report (SAR).

• Financial Need is the maximum dollar amount of aid from the various sources for which the student is eligible.

You will not necessarily receive financial assistance up to the maximum dollar amount for which you may be eligible and your total aid "package" may not meet your Cost of Attendance.

The various sources of aid have maximum award amounts and may be further affected by limitations in the availability of funds. Loans may be available if grant aid is insufficient. Please inquire at the financial aid office if you need additional funding.

Lakeview College of Nursing’s Financial Aid Office verifies all elements of the FAFSA data. You and your family will be requested to provide the documentation concerning the information required on the FAFSA. Your financial aid file will not be completed and student financial aid (that you may qualify for) will not be awarded until all verification is complete. Any instances of conflicting, erroneous or omitted information may require a correction to your FAFSA data. Once corrections are processed and returned you will be updated to any changes in eligibility. It is important that you reply to all requests for verification documentation. Verification must be completed and corrections made (if applicable) before the end of the semester for which you are applying for student aid funds or all "potential" SFA funds will be canceled.

Note: The verification process is not related in any way to the due date of the student’s semester billing. In order to apply student aid funding towards direct educational costs the verification process must be completed and determined accurate and student eligibility determined prior to the billing due date. It is the student’s responsibility to pay their bill by the billing due date to avoid being dropped from classes due to nonpayment.

Independent/Dependent Status

Applicants answers to certain questions will determine whether they are considered on the Free Application for Federal Student Aid (FAFSA) to be "dependent" (still part of a parent's family unit) or whether they are "independent" (have formed their own family unit). Students are classified according to family unit because federal student aid programs are based on the idea that students, and their parents or spouses (if applicable), have the primary responsibility for paying for their post-secondary education. To be considered "independent," at least one of the following must apply to the student:

• turns 24 before January I of the academic year for which aid is sought

• is a veteran of the U.S. Armed Forces

• is an orphan or ward of the court until age 18

• is married/has children (for whom they provide over 50% of support)

• meets and documents any other status questions on FAFSA as a "Yes"

For students who meet Independent Status due to answering "Yes" to one or more of the FAFSA questions documentation may be requested.  If you have questions of any kind relating to your eligibility for financial aid please telephone or e-mail our office for a prompt response.

Important Notice/Deadlines

We encourage you to complete the Free Application for Federal Student Aid (FAFSA) as early as possible each award year. The new Award Year application is available October 1.

State deadlines

The State of Illinois sets a deadline for the Monetary Award Program each Award Year. We encourage all students to complete the FAFSA as early as possible each award year.

Institutional Deadline

Scholarships – The deadlines for LCN scholarships are June 1 for fall semester, November 1 for spring semester and March 1 for summer semester.
Stafford Loan Processing – The last date you can request a Stafford loan for a semester is no later than the mid-term date of each semester.
Verification Deadlines – The Student Aid file must be completed, verified as accurate (and corrected if applicable) no later than the last date of the semester for which student aid is to be applied.

Federal Pell Grant

The Pell Grant is available to eligible students at LCN. To apply you must: Complete the FAFSA application for financial aid. The resulting expected family contribution (efc) will be used to determine your eligibility for all financial aid programs, including the Pell grant. This award can be used to pay tuition, fees, books and supplies, up to the amount available each semester. If the student has funds after costs are met, then refunds are issued at the mid-point of each term.

Illinois Student Assistance Commission (ISAC)

A resident of Illinois (who is a US citizen or permanent resident of the United States), enrolled in an eligible program at LCN, and demonstrating financial need as determined by the Illinois Student Assistance Commission, may receive a grant, called the Monetary Award Program (MAP). There is no separate State application, a student need only indicate Illinois residency, to be considered for state award when the FAFSA is completed. A dependent student's parent(s), whose information was required on the Federal Student Aid Application (FAFSA), must be an Illinois resident. The state sets deadlines each award year that a student must meet to be considered for the MAP award. Apply early each award year. Announced awards (estimated or actual) can be reduced or canceled at anytime during the award year.

Federal Loan Programs

To be eligible to apply for any of the Title IV student loans you must:

• Apply for financial aid using the FAFSA.

• Have a completed, verified as accurate, student aid file on record.

• Complete loan counseling and other special requirements.

• Be enrolled in at least half-time enrollment status.

• Be enrolled in only coursework relevant to your program of study.

• Meet  DL Program Regulations per 34 CFR part 668.

• Meet School processing deadlines

Federal Direct Stafford Loan Program (subsidized and unsubsidized)

• Repayment begins six months after the student graduates, leaves school or drops below half-time enrollment.

• Loans cannot be certified until after the add/drop period of the semester.

• Loan disbursements are deposited in the form of electronic funds to the student's LCN account and are released no earlier than thirty days after the beginning of the semester.

• Students may request up to $7,500.00 at the Junior or Senior Level each award year (max subsidized amount in figure is $5500.00).

• Independent students may be eligible for additional unsubsidized loans for a maximum eligibility of $12,500

• Please contact the student aid office if you are in the accelerated program or you will be a December graduate. You may be able to maximize your borrowing eligibility by using the borrower based award year for your loan period instead of the award year that would begin with the fall term.

 

Federal Parent Loan for Undergraduate Students (PLUS)

Parents may borrow for their undergraduate dependent students. Parents would be eligible to borrow up to the cost of education minus any financial aid.

 

Loan Interest Rates

To view current interest rates and other loan information go to StudentAid.gov

34 CFR Section 668.202(e)(1) of the Federal Direct Loan (DL) Program provides that a school may refuse to certify a Stafford or PLUS loan application or may reduce the borrower's determination of need for the loan if the reason for that action is documented and provided to the student in writing provided the determination is made on a case-by-case basis. All previous borrowing of student loans and total debt will be reviewed prior to certification of future loans.

 

Applying for Federal Direct Loans

The application process is conducted via the Internet. You will be required to login at specific sites (noted below) and use your Federal Student ID which is the same ID you must use when completing the application for Federal Student Aid (the FAFSA) each award year.

To apply complete these steps:

1. Complete entrance counseling at StudentLoans.gov. All first time borrowers at LCN are required to complete this step.

2. Complete the Electronic Master Promissory Note (EMPN) at StudentLoans.gov.

3. Meet school deadlines for the semester in regards to loan processing.

If parent is applying for the Parent Loan for Undergraduate Students (PLUS), you must:

1. Complete PLUS Applicatin request process at StudentLoans.gov.

2. Complete the PLUS Electronic Master Promissory Note at StudentLoans.gov.

 

Repayment of Federal loans

LCN students who process Federal Loans and drop below half-time enrollment, withdraw from the program, or graduate, will receive personalized exit information from the Financial Aid Office regarding their Federal loans.

Federal Student Loan Ombudsman

The Ombudsman Group is dedicated to helping resolve disputes related to Direct Loans, Federal Family Education Loan (FFEL) Program loans, Guaranteed Student Loans, and Perkins Loans.

If a borrower has completed the steps to resolve a loan dispute and are not satisfied, the borrower may need to contact the Federal Student Aid (FSA) Ombudsman Group of the U.S. Department of Education (ED). The Ombudsman Group is neutral, informal, and confidential resources to help resolve disputes about your federal student loans.

Contact the Ombudsmen Group as a last resort. Make every effort to resolve your student loan problem before contacting the Ombudsman Group.

FSA Ombudsman Group
PO Box 1843
Monticello, KY 42633
Phone: 877-557-2575
Fax: 606-396-4821
http://studentaid.gov/repay-loans/disputes/prepare

ALTERNATIVE LOANS

Alternative loans: commonly referred to as "private loans" or "commercial loans" are offered by banks and other private lenders to cover the costs of college not covered by other financial aid resources. A Credit Check is completed on the potential borrower. Also it is common to be required to have a co-signer for the loan. Interest rates are variable by borrower and based on many factors that the lender deems relevant.

Alternative loans are intended for:

• students whose financial aid doesn't cover the full cost of higher education (Cost of Attendance is considered in need) or,

• students who may not be enrolled in a financial aid eligible program or,

• students who may not be eligible for financial aid for other reasons.

Depending on individual circumstances, a parent may also be able to borrow alternative loans to help pay for a child's college expenses.

There are many companies that offer alternative loans. As a wise consumer you should shop around and investigate what lender offers the best loan to meet your needs. You may choose any lender you wish.

In considering a lender you should look at the interest rates, repayment period, "reward" options, the quality of their customer service and amount eligible to borrow within specific time frames.  All of these considerations will help you find the best loan to meet your educational needs.

Lakeview College of Nursing does not sponsor or endorse any lender.  We do have a "historical" listing of lenders that current and/or previous students have used. You may visit FASTChoice at http://choice.fastproducts.org/FastChoice/home/1050100 to complete private loan entrance and exit counseling and compare products offered by lenders on the historical list. As a consumer you should research your options and use your best judgement to choose a lender. We strongly suggest that students contact us to discuss the Federal Stafford loan program and what advantages concerning interest rates, repayment options and other consumer information that may make it a better choice for borrowing funds for educational expenses. A parent of an undergraduate student also has the option of borrowing on their son/daughter's behalf for education expenses called the Federal PLUS program, this program may also have advantages for the consumer when comparing to an alternative loan. Each of these Federal loan programs require that the Free Application for Federal Student Aid (FAFSA) be completed and verified to be accurate before the loan can be certified and processed. Student's can also research this information on their own at the Department of Education's Web page at studentaid.ed.gov/PORTALSWebApp/students/english/studentloans.jsp

For all loan questions, please call the Financial Aid Office at 217.709.0928.

Students whose financial aid paperwork has been received and processed by the Financial Aid Department will be notified of awarded gift aid and Federal Direct loan processing instructions via their LCN student email.  Students with a credit balance due to their processed financial aid will receive a book voucher via their LCN student email to be used at the Follett Bookstore at Danville Area Community College (Danville students) or the Eastern Illinois University Union Bookstore (Charleston students).  Voucher usage has a limited time frame noted on the form.

Financial aid is always subject to change without prior notice if changes occur in your enrollment status, class attendance, personal circumstances, or in Federal or State deadlines.  You are responsible for all college bills not covered by your financial aid.  All charges that you incur during a semester that are not covered by financial aid must be paid before you will be able to register for the next semester.  If you have questions of any kind relating to paying your college costs with your financial aid, please contact our office for a prompt response.

Withdrawal refund policy for student financial aid funds will be in compliance with regulations for Return of Funds of Title IV awards. The Department of Education mandates that unearned federal financial aid funds are returned to the specific program if a student withdraws from all coursework in a semester. The amount of the refund is determined by the days of the semester that the student was in attendance versus the remaining days (after withdrawal) until the semester ends. Students are notified by mail of their debt to the Department of Education. This debt must be paid in a timely manner in order for the student to receive future financial aid. Contact the Financial Aid Office for more details regarding this policy.

If you withdraw or cease attendance, you may have charges and financial aid adjusted according to the time and circumstances that you cease enrollment. You should refer to the refund schedules, which are published in the current academic calendar. If you fail to attend class without officially withdrawing, it may void your financial aid, leaving you responsible for all charges. You must advise the Director of Enrollment/Registrar in writing in order to officially withdraw. NOTE: No loan check can be released if it is determined that a student has, in fact, ceased attendance.

For information regarding how your academic progression can affect financial aid benefits, please see the Student Academic Progression Policy.

You must add the College's Title IV code (010501) to the Student Aid Report via the Internet. You should contact the LCN financial aid office to discuss what awards may be available and the amounts since eligibility for some programs can change from one college to another. It is very important that you contact the financial aid office at the school you are transferring to cancel any pending awards.