New Payment Policy
Effective May 19, 2016, a 2.75% convenience fee (minimum $3.00) will apply to all payments made by credit card for LSSC tuition, fees, and other account charges, including application fees.
Due to increasing operational challenges, a desire to provide a high level of security of personal information, and the increasing costs to process credit cards, LSSC has contracted with a third-party company, TouchNet PayPath, to provide credit card processing services for student transactions (tuition, fees, and other charges). The fee is being charged by the third-party processor, not LSSC. This will enable the college to continue to provide students with a credit card payment option.
These changes are being made to provide better security of personal information, provide more efficient processing of student refunds, and lower LSSC’s cost of credit card transactions. The high cost of credit card processing leads to higher tuition increases for all students. The convenience fee will only be paid by those who choose to pay by credit card, rather than being included in tuition for all students.
Credit card payments are only processed through LSSC Self Service (LOIS). Visa, MasterCard, Discover and American Express will be accepted.
Cardholders will be notified of the convenience fee at the time of payment and be given the opportunity to opt out of the transaction and choose another payment option. In no case may TouchNet PayPath charge the fee without disclosure to the cardholder prior to finalizing payment. As you, the student, go through the TouchNet PayPath process, you will be notified several times, a total of three, that the 2.75% fee will be charged.
Students can avoid paying the 2.75% convenience fee by paying on LOIS with an e-check (ACH bank transfer from checking or savings account). Payments by cash, check, or money order can be made in person at any campus cashier office, or checks and money orders can be mailed to Lake-Sumter State College, Business Services, 9501 U.S. Hwy 441, Leesburg, FL 34788.
Credit Card Convenience Fee FAQs