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Adult Degree Completion Program
For over 151 years, Lake Erie College has been educating students for the world after college. We combine a liberal arts education with practical "real-life" experiences. The steps to gather information about Lake Erie College are easy. What you will discover may benefit you for a lifetime.






 
LAKE ERIE COLLEGE > ADCP
Bachelor of Arts in Management

The course work for the major in management consists of 45 upper-division semester credits to be completed over an 18-month period. These modules focus on organizational behavior, supervision, interpersonal skills and operations and are designed to finish the major requirements for the B.A. in Management. In addition to the major courses listed below, Accounting AC 101 and AC 102 are requirements of the major; students must complete these courses in addition to the 45 credit sequence to satisfy the major requirements. Complete a class every five weeks!

TERM ONE (9 credits) The Adult Journey, Group and Team Dynamics, Organizational Systems

TERM TWO (9 credits) Organizational Communications, Management Principles, Accounting for Managers

TERM THREE (9 credits)
Finance for Managers, Economics for Managers, Marketing for Managers

TERM FOUR (9 credits) Human Capital Management, Business Ethics and Individual Values, Global Business

TERM FIVE (9 credits)
Strategic Management, Research Methods and Statistics, Capstone Project

Flat-fee pricing has been established for the Adult Degree Completion Program. This flat fee covers tuition, books and fees for the program. Learners who maintain satisfactory academic progress and stay continuously enrolled will not be subject to annual tuition increases during their five consecutive terms.

The enrollment deposit of $150 is paid to secure a spot in the cohort and is applied toward tuition and is only refundable up to 45 days prior to the class start date. The tuition rate for this program (which includes our book loan program) is $475 per credit hour.

Documents

Tuition

In addition, if a student needs any basic proficiencies, core requirements or electives, s/he will qualify for the ADCP Award, which will enable students to take his/her additional coursework at the $475 per credit hour rate (Not including the book loan program).

Once a cohort is launched, Lake Erie College will provide all of the necessary major courses for the student to graduate within the specific cohort schedule. If a student drops out of the cohort, s/he must reapply to a new cohort and pay the prevailing tuition rate of the cohort s/he enters.

TUITION PAYMENT SCHEDULE

Lake Erie College's payment policy requires term tuition payment two weeks prior to the first day of the first class of the term. A bill may be paid through personal resources, financial aid, promissory note or a combination.

If a learner is unable to pay the full amount of tuition due for the term, optional payment plans may be used.


PAYMENT PLAN

Term tuition is due two weeks prior to the first day of the first class of the term. A term represents a series of three, five-week courses. If an adult learner is unable to pay the full amount at that time, a payment plan may be used. This payment plan is based on term charges and requires 50 percent payment up front, 25 percent payment prior to the second course of the term and 25 percent payment prior to the start of the third course. This plan will have the adult learner's account paid in full prior to registration for the next term. Please contact the Bursar's Office (440.375.7022) to discuss the payment plan option and the method of payment. A payment plan fee of $25 applies. Students will be required to sign a promissory note outlining the terms of the agreement. Accounts must be paid in full in order to register for the next term. Payment can be made via check, credit card or debit card.


EMPLOYER ASSISTANCE
If an employer will cover full or partial tuition costs, the adult student will need to fill out an employer reimbursement agreement prior to registration for each term. The form will need to be filed with the Bursar's Office (1st floor College Hall). Once the form has been received by the Bursar's Office, the College will recognize the adult student as being a part of the employer assistance program. A deferred payment fee of $30 applies for each term. The adult learner will not be required to pay the portion of the account covered by employer assistance until the end of each term. Payment will be required within 30 days from the end of the term. Students are responsible for full payment if they do not meet the criteria for employer reimbursement.
FREE FINANCIAL AID APPLICATION

Students must apply for the Free Application for Federal Student Aid (FAFSA) to be considered for financial aid. This can be accomplished very easily by going to the following website and must be completed each fiscal year, thus maintaining a current FAFSA on file: www.fafsa.gov. To complete the FAFSA online, a student will need a PIN number to access his/her record. Go to www.pin.ed.gov to apply. Be sure to list Lake Erie College Title IV Code #003066 as first college choice in Step Six of the FAFSA.

The Financial Aid Office assists students through the financial aid process. The Financial Aid Office determines student eligibility for grants and loans based on information from the Student Aid Report (FAFSA). Federal and State grants are awarded based on demonstrated financial need. In order to be eligible for federal and/or state aid, a student must complete a FAFSA on a annual basis.

Satisfactory Academic Progress (S.A.P.) must be maintained in the degree program to remain eligible for financial aid. (See the Lake Erie College Academic Catalog for full S.A.P. criteria).

OTHER RESOURCES

Veterans Benefits are available to those who qualify. Eligibility is determined by the Veterans Administration and potentially eligible students should contact their local Veterans Administration representative or Lake Erie College's Coordinator for Veteran Education and Transition Services at 440.375.7380. Lake Erie College is designated as a Yellow Ribbon Institution.

Educational Loan Program

LA Federal Direct Stafford Loan (subsidized and unsubsidized) is a low-interest loan made to students by the U.S. Department of Education. The interest rate for a Federal Direct Unsubsidized Loan is fixed at 6.8% for 2010-2011. Annual borrowing limits vary based on the student's year in school and FAFSA dependency status.

Freshman annual loan limit = $9,500 No more than $3,500 will be subsidized, plus additional $6,000 unsubsidized if student is independent. Sophomore annual loan limit = $10,500 No more than $$4,500 will be subsidized, plus additional $6,000 unsubsidized if student is independent. Junior annual loan limit = $12,500 No more than $5,500 will be subsidized, plus additional $7,000 unsubsidized if student is independent. Senior annual loan limit = $12,500 No more than $5,500 will be subsidized, plus additional $7,000 unsubsidized if student is independent.

The amount or the Federal Direct Loan that is subsidized depends upon the results of the student's FAFSA and other financial aid that the student may be offered.

Federal Direct Subsidized Loans are need-based with interest paid by the federal government while the student is enrolled at least half-time (Minimum of 6 credits).

Federal Direct Loans are based on the cost of attendance (COA) as determined by Lake Erie College, minus any other financial aid the student is receiving. Interest on unsubsidized loans accrues prior to repayment. The student has the option to make interest-only payments while they attend college or to defer payment (capitalization rules may apply).

The Federal Direct Loan Program has counseling requirements. If the student is a first-time borrower at Lake Erie College, he or she will be required to complete the online Direct Loan entrance counseling form. Also, upon graduation or withdrawal from the College, the student will be required to complete Direct Loan exit counseling. When it is time to complete either entrance or exit counseling, the student will be notified by the Financial Aid Office.

Commercial Educational Loans

Adult learners in high-income tax brackets should check with their bank or other lender for possible home equity loans that may be available with tax-deductible interest. Private educational loans for educational expenses are available to credit-worthy borrowers. Students can use any lender of their choice. For more information about private loans, contact the Financial Aid Office.

REFUNDS

The adult learner will normally be assessed tuition charges at the beginning of each term for all credits to be earned in the term. Due to the accelerated nature of the program, a learner's presence for the first week of a class constitutes an obligation for the entire class. If the student is registered for additional classes in the term, the student may receive a refund only for the classes not yet started.

The date of withdrawal shall be the date on which the adult learner completes and turns in the appropriate College forms as certified by the registrar. It is the responsibility of the student to submit the required forms.

If an adult learner fails a class, he or she shall be assessed the tuition again for the class when repeating the class. Adult learners dropping back to a later group will be assessed tuition at the time of re-entry, only for those classes they need and enroll in at that time.

Any refund of excess financial aid will be disbursed according to government regulations after the beginning of the first class in each semester.
Lake Erie College reserves the right to cancel a cohort due to insufficient enrollment. In this case, a full refund would be granted.



 

   
Lake Erie College | 391 West Washington Street Painesville, Ohio 44077 | 1.855.GO.STORM