LDSBC Financial Aid Guide

Paying for College

Cost of Attendance

REMINDER: Tuition and fees (including health care premium - if applicable) for the Summer 2017 Semester are due Friday, May 19th, 2017.

Tuition Per Semester for 2017-18 Academic Year
LDS Members
  • 12-18 credits - $1,670
  • 1-11 credits (per credit) - $140
  • More than 18 credits (per credit) - $140
Others
  • 12-18 credits - $3,340
  • 1-11 credits (per credit) - $280
  • More than 18 credits (per credit) - $280
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Student Health Plan

Student Health Plan

The College requires all students who are enrolled at least 3/4 time (9 credit hours or more) as of the tuition deadline date to have adequate medical coverage. Enrollment in the Student Health Plan satisfies the College’s health plan requirement, as does enrollment in a group medical plan provided by the student’s employer or spouse’s or parent’s employer. For another medical health plan to meet this requirement, it must:

  1. Be Affordable Care Act (ACA) compliant health plan offered by a United States-based insurance company.
  2. Medical coverage must cover you while you are on campus.
  3. Provide at least 80% coverage for all major medical expenses, including physician, hospital, and ancillary services;
  4. Have an individual annual deductible of no more than $1,000;
  5. And have an annual plan limit of no less than $100,000.

Enroll/Waive the Student Health Plan

When the student enrolls for classes, they will be given a chance to enter their insurance preference on the Insurance Questionnaire.

  • If they do not complete the questionnaire, they will be enrolled in the Student Health Plan automatically. All students (with at least 9 credits) will have a health plan charge posted to their student account.
  • If the student answers "Yes" to the question in the Questionnaire, they will not be enrolled until that premium has been paid in full. Payments need to be made in full by the tuition deadline.
  • If the student answers "No" on the Insurance Questionnaire, the school will post a health plan 'waiver' within the first few weeks of school. If a payment is made for this health plan charge on the student's account before the amount is waived, this does not signify to the school that the student would now like to participate in the school's health plan. The only way for the student to be officially enrolled in this health plan is by answering "Yes" on the questionnaire, or by contacting the Cashier's Office.

Health Plan Waivers

Before school begins and up until the tuition deadline, the Cashier's Office can waive the health plan charge by seeing a copy of the student's personal insurance card. This can be in person or via e-mail with a scanned copy of the card or a photo that is clearly legible. If a student needs to have the health plan charged waived after the tuition deadline, they will need to bring a Letter of Credible Coverage from the insurance company. The insurance company can send this letter to the Cashier's office directly if needed. The school will then have to contact DMBA to verify if the coverage can be canceled. A new health plan waiver is required each semester.

If the student has not completed the questionnaire or needs to make changes to the questionnaire, they must come to the Cashier's Office on the 2nd floor. The questionnaire is what the school uses to enroll or waive the student in the Student Health Plan.

Student Health Plan Booklet

Make sure to view the pdf copy of the health plan booklet. This book is provided by Deseret Mutual Benefit Administrators and gives a detailed summary of what this health plan provides for the student. This booklet also lists health centers and hospitals that are approved under this plan. If you have a specific question about the coverage, please contact a member of the Enrollment Team at DMBA by calling (801) 578-5600.

Break coverage

Continuing students wanting to take a semester break (or less than nine credit hours) and remain insured during that semester break must have been enrolled in the Student Health Plan the previous semester, must be registered for the upcoming semester (nine or more credit hours), and must have paid the health plan premium by the tuition payment deadline. Students wishing to enroll in this option must contact the Cashier's Office. An important thing to note is the premium for continuing student health plan is determined by your status as a continuing student. If you enroll in continuing student health plan and you do not return as a 3/4 student the following semester, you will be charged for the health plan at the non-student monthly rate.​

Preauthorization Required

You must preauthorize with Deseret Mutual any services received outside the listed health centers before receiving medical care . To preauthorize, call Deseret Mutual at 1-800-777-3622. For further information, please refer to the Student Health Plan Booklet link listed above.

Premiums

Please note that Student Health Plan premiums vary by semester. The premiums listed below apply only to the semester indicated.

  Regular On-Campus and Continuing Student Coverage Single Student Only
(you can NOT enroll in this option if you are married)
Semester Rate
Fall 2015............................$296.00 Winter 2016.......................$296.00 Summer 2016...................$296.00 Married Student Only
(this option does NOT cover your spouse)
Semester Rate
Fall 2015 ...........................$474.00 Winter 2016.......................$474.00 Summer 2016...................$474.00 Single Student with Dependents
Semester Rate
Fall 2015..........................$1,094.00 Winter 2016.....................$1,094.00 Summer 2016.................$1,094.00 Married Student with Dependent(s) WITH Maternity Coverage for Non-Student Spouse
(Non-student dependent must pay $6,500 deductible per pregnancy)
Semester Rate
Fall 2015..........................$1,654.00 Winter 2016.....................$1,654.00 Summer 2016.................$1,654.00  

Extended Coverage
(those who have graduated)
For upto four months after graduation

Single Student Only
(You can NOT enroll in this option if you are married)

Monthly Rate

$148.00

Married Student
(This option does NOT cover your spouse)

Monthly Rate

$237.00
 

Single Student with Dependents
Monthly Rate

$407.00
 

Married Student with Dependent(s) WITH maternity coverage for Non-Student spouse
(Non-Student dependent must pay $6,500 deductible per pregnancy)

Monthly Rate

$621.00
 

  Regular On-Campus and Continuing Student Coverage Single Student Only
(you can NOT enroll in this option if you are married)
Semester Rate
Fall 2017............................$304.00 Winter 2018.......................$304.00 Summer 2018...................$304.00 Married Student Only
(this option does NOT cover your spouse)
Semester Rate
Fall 2017 ...........................$488.00 Winter 2018.......................$488.00 Summer 2018...................$488.00 Single Student with Dependents
Semester Rate
Fall 2017..........................$1,126.00 Winter 2018.....................$1,126.00 Summer 2018.................$1,126.00 Married Student with Dependent(s) WITH Maternity Coverage for Non-Student Spouse
(Non-student dependent must pay $6,500 deductible per pregnancy)
Semester Rate
Fall 2017..........................$1,704.00 Winter 2018.....................$1,704.00 Summer 2018.................$1,704.00  

Extended Coverage
(those who have graduated)
For upto four months after graduation

Single Student Only
(You can NOT enroll in this option if you are married)

Monthly Rate

$152.00

Married Student
(This option does NOT cover your spouse)

Monthly Rate

$244.00
 

Single Student with Dependents
Monthly Rate

$419.00
 

Married Student with Dependent(s) WITH maternity coverage for Non-Student spouse
(Non-Student dependent must pay $6,500 deductible per pregnancy)

Monthly Rate

$640.00
 

  • Tuition, Fees and Expenses for the 2016-17 academic year.
  • Refer to the 2016-17 Academic Calendar for key due dates.
  • View your account online.
  • Make a payment online (Instructions for online payments)
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Welcome to the Financial Aid Office

Your first step to apply for financial aid (including Pell grants) is to click on the "Start Here" button at www.fafsa.gov and complete the free application.  As you complete the Free Application for Federal Student Aid (FAFSA):

  • Read the "Helpful Hints" to ensure the entry of accurate information and thereby speed up your receipt of financial aid monies.
  • Select the 2016-17 FAFSA if you are applying to receive aid Fall 2016 - Summer 2017.
  • Select the 2017-18 FAFSA if you are applying to receive aid Fall 2017 - Summer 2018.
  • Enter LDS Business College's school code on your FAFSA - 003672.
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Contact Student Financial Services

Financial Aid Office

Floor: 2nd
Phone: (801) 524-8111
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Text: (801) 923-3698
Fax: (801) 524-1900

Cashier Office

Floor: 2nd
Phone: (801) 524-8143
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Fax: (801) 524-1900

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Expected Family Contribution and Cost of Attendance

Expected Family Contribution (EFC)

The Department of Education provides the following definition of the EFC:

The EFC is a measure of your family's financial strength and indicates how much of you and your family's financial resources (for dependent students) should be available to help pay for your education.  The EFC is calculated from the information you report on the FAFSA. (Funding Education Beyond High School 08-09, pg 5)

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Online Payments

LDSBC Payment Online

  • Students may make payments online from their checking or savings account to their LDSBC student account.
  • Online payment is available everyday, 5:00 a.m. to 12:00 midnight.
  • LDSBC does not assess any fee for this service.
  • Keep in mind that you are essentially writing an electronic check. If you attempt to make a payment when there are insufficient funds in your bank account, you will likely be assessed an overdraft charge from your bank.
  • Online payment is only available from checking or savings accounts.
  • Credit and Debit card payment is available in person at the Cashier's Office.
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Net Price Calculator

The LDSBC Net Price Calculator provides an estimate based on cost of attendance and financial aid provided to students in a previous year. Cost of attendance and financial aid availability change year to year. Students must complete the Free Application for Federal Student Aid (FAFSA) in order to be eligible for, and receive, an actual financial aid award that includes Federal grant and loans.

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Financial Aid Process

Complete the Government FAFSA Online Today

Complete the Free Application for Federal Student Aid (FAFSA) at http://www.fafsa.ed.gov as early in the year as possible.  Using the LDS Business College's code of 003672.  

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Important Websites

FAFSA On the Web

www.fafsa.ed.gov

Students who apply for federal grants and loans must submit the Free Application for Federal Student Aid.  For Fall 2015 - Summer 2016, students must submit the 2015-16 FAFSA.  For Fall 2016 - Summer 2017, students must submit the 2016-17 FAFSA. 

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Printing Your DMBA Health Plan Card

Deseret Mutual Identification (DMID)

To print your temporary DMBA ID card, you will need your Deseret Mutual Identification (DMID). You will need to enter this number as your LoginID. If you have been covered by the Student Health Plan before, you will already be familiar with this number. If you are new to the plan, or if you have forgotten this number, please contact DMBA.

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