Tuition Assurance Option - TAO

For the 2013 Fall Term, LFGSM has introduced a Tuition Assurance Option (TAO) to help students manage their future tuition costs. TAO guarantees the tuition rate against any future annual increase for those students who remain continuously registered for five of the available prior six terms on a rolling basis.

We have illustrated how the TAO could work for you using three student profiles, ALANBRIANNA, and CHARLIE. We've also developed an FAQ page to help answer your questions. If you are a member of a corporate on-site cohort, please look to our Corporate Tuition Assurance Option page for more details. Please let us know if you have any additional questions by contacting us at  registrar@lfgsm.edu.

 

ALAN- 

2013-14 Academic Year

Summer 2013

Fall 2013

Winter-1 2013

Winter-2 2013

Spring-1 2014

Spring-2 2014

2014-15 Academic Year

Summer 2014

Fall 2014

Winter-1 2014

Winter-2 2014

Spring-1 2015

Spring-2 2015

2015-16 Academic Year

Summer 2015

Fall 2015

Winter-1 2015

Winter-2 2015

Spring-1 2016

Spring-2 2016

2013-2014 Tuition Rate 2013-14 Tuition Rate 2014-2015 Tuition Rate 2014-2015 Tuition Rate Unattended Available Term Unattended Available Term

Alan starts the 2013-14 Academic Year in the Fall and pays the new 2013-14 tuition rate.

He continuously enrolls thru the rest of this Academic Year and thru the Fall Term of the 2014-15 Academic Year – and pays the 2013-14 tuition rate.

Alan takes a break for the Winter 1 Term.

When he resumes courses for the Winter 2 Term of 2014-15, he continues to pay his tuition at the 2013-14 tuition rate since he has been continuously enrolled for FIVE out of the SIX available terms.

Alan continues to qualify for the Tuition Assurance Option at the 2013-14 tuition rate for the rest of his Leadership MBA Program so long as he is continuously enrolled for FIVE of the SIX available terms on a rolling basis.

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BRIANNA-

2013-14 Academic Year

Summer 2013

Fall 2013

Winter-1 2013

Winter-2 2013

Spring-1 2014

Spring-2 2014

2014-15 Academic Year

Summer 2014

Fall 2014

Winter-1 2014

Winter-2 2014

Spring-1 2015

Spring-2 2015

2015-16 Academic Year

Summer 2015

Fall 2015

Winter-1 2015

Winter-2 2015

Spring-1 2016

Spring-2 2016

2013-2014 Tuition Rate 2013-14 Tuition Rate 2014-2015 Tuition Rate 2014-2015 Tuition Rate Unattended Available Term Unattended Available Term

 

Brianna starts the 2013-14 Academic Year by registering for and taking courses in the Fall Session.

She pays the new 2013-14 tuition rate.

Brianna continues on to the Winter 1 Term, but takes time off for the Winter 2 Term.

She resumes her courses for both Spring 1 & 2.

Brianna continues on to the 2014-15 Academic Year for the Summer and Fall Terms at the 2013-14 tuition rate.

After taking the Winter 1 Term off – she resumes courses during the Winter 2 Term at the 2014-15 tuition rate. Brianna is charged the higher/2014-15 tuition rate because during the prior six available terms, Brianna was not taking courses during two of them (Winter 2 for 2013-14 and Winter 1 for 2014-15).

Brianna will re-qualify for the Tuition Assurance Option at the 2014-15 tuition rate for the rest of her Leadership MBA Program so long as she is continuously enrolled for FIVE of the SIX available terms on a rolling basis.

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CHARLIE-

2013-14 Academic Year

Summer 2013

Fall 2013

Winter-1 2013

Winter-2 2013

Spring-1 2014

Spring-2 2014

2014-15 Academic Year

Summer 2014

Fall 2014

Winter-1 2014

Winter-2 2014

Spring-1 2015

Spring-2 2015

2015-16 Academic Year

Summer 2015

Fall 2015

Winter-1 2015

Winter-2 2015

Spring-1 2016

Spring-2 2016

2013-2014 Tuition Rate 2013-14 Tuition Rate 2014-2015 Tuition Rate 2014-2015 Tuition Rate Unattended Available Term Unattended Available Term

 

Charlie does not start the 2013-14 Academic Year until Winter 1 and pays the 2013-14 tuition rate.

He takes courses in Winter 2, but takes Spring 1 off, while resuming courses for Spring 2.

In the 2014-15 Year, Charlie takes a course in the Summer Term at the 2013-14 tuition rate.

However, for the Fall Term he would be paying the new 2014-14 tuition rate, since of the SIX previous available terms, Charlie was only taking courses in FOUR of them.

Charlie will continue to qualify for the Tuition Assurance Option at the 2014-15 tuition rate for the rest of his Leadership MBA Program so long as he is continuously enrolled for FIVE of the SIX available terms on a rolling basis.

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