REGISTRATION FEE is fifty dollars ($50). This fee must be included when a prospective student submits an application. Registration fees are non-refundable after three business days.
TUITION FEES is four thousand three hundred dollars ($4300.00). Partial or full tuition payments can be made prior to the first day of class.
BOOK AND CLASSROOM FEES, which are six hundred fifty dollars ($650.00), are required for the program. The Institute will provide one set of required textbooks and one copy of all handouts during the course to each student. Included in the classroom fees are clean linens and massage lubricant for in-class massage trades. This fee is paid on or before the first day of class and is non-refundable. Textbooks change periodically to take advantage of new editions and new publications. Students may purchase textbooks from the school before class starts so that they can be reading prior to enrollment.
Current textbooks include:
• Salvo, SG. Massage Therapy: Principles and Practice, 3e,
W.B. Saunders, Philadelphia, 2007.
• Salvo, SG. Mosby’s Pathology for Massage Therapists, 2e,
Elsevier, St. Louis, 2009.
• Stillerman, E. Modalities for Massage and Bodywork,
Elsevier, St. Louis, 2009
Financial Information
Scholarships
To obtain a private and civic scholarships, consult with local foundations and civic organizations (eg., Rotary, Kiwanis Club, Quota American Business Women's Association). Area businesses and industries sometimes have scholarship programs for children of employees. Likewise, local beauty pageants and essay contests often award scholarships. For those students still in high school, check with your guidance counselors for possible options in your area.
Loans
There are several loan options available to prospective students. Financial institution such as banks and credit unions provide student loans. Loan applications are to be made prior to the start of class as last minute loan applications delay a student’s access to funds intended for tuition and books. For those who do not qualify, LIMT offers a variety of in-house loans.
In-House Loans
For students who need a school loan and do not qualify for a loan from a financial institution, the Institute will finance the student’s tuition for the year they are in school. There are no interest rates, but there is a one-time account setup fee of $100 and a $20 per month billing and bookkeeping fee. Account set-up fees and billing fees are non-refundable.
In-House Loan A - $5300 to be paid as follows:
Registration Fee...................$50
Book & Classroom...............$650
Account Setup.......................$100
Bookkeeping.........................$200
Tuition Down payment..........$2,300
1st day total...........................$3,300
Monthly notes (10 mo.).........$200
In-House Loan B - $5300 to be paid as follows:
Registration Fee...................$50
Book & Classroom...............$650
Account Setup.......................$100
Bookkeeping.........................$200
Tuition Down payment..........$500
1st day total........................$1,500
Monthly notes (10 mo.).........$200
Final note*..........................$2,000
*(10th monthly note is a balloon note)
In-House Loan C - $5300 to be paid as follows:
Registration Fee...................$50
Book & Classroom...............$650
Account Setup.......................$100
Bookkeeping.........................$200
Tuition Down payment..........$800
1st day total.......................$1,800
Monthly notes (10 mo.)........$350
Refund Policies
The Institute employs a fair and equitable refund policy that complies with federal, state, and agency guidelines for the return of unused tuition due to class cancellation, student withdrawal or expulsion, as required by the Louisiana State Board of Regents.
All tuition fees paid in advance are 100% refundable before the commencement of class. For students who withdraw after the commencement of classes, the following rules will apply:
During the first week of class, 90% of the total tuition fees will be refunded, less the $50 registration fee, thereafter;
During the 2nd, 3rd and 4th weeks of class, 75% of the total tuition fees will be refunded, less the $50 registration fee, thereafter;
During the first 25% of class, 55% of the total tuition fees will be refunded, less the $50 registration fee, thereafter;
During the second 25% of class, 30% of the total tuition fees will be refunded, less the $50 registration fee, thereafter;
During the third and fourth 25% of class, no refund will be made and the student will be held responsible for the entire tuition fee.
For calculating refunds, the above percentages are based upon the scheduled clock hours beginning the 1st day of class. For programs exceeding one year in length, 100% of the stated course price attributable to the period beyond the 1st year will be refunded in full, if the student withdraws during the prior period. Please note that books may not be returned for a refund. However, any unused book fees may be refunded to the student. Furthermore, account setup fees, billing and bookkeeping fees are non-refundable.
All refund requests must be submitted in writing to the Institute. Refunds will be issued within thirty days of the receipt of request. Refund checks are submitted within 30 days payable to the student and not a 3rd party.
Personal Check Policy
The Institute accepts checks; we do not accept two-party or post-dated checks. Please make all checks payable to: Louisiana Institute of Massage Therapy, La Institute, or L.I.M.T.. If a check is returned to the Institute, for whatever reason, an NSF charge will be assessed. This charge will be the maximum amount allowed by law. The student has 10 days after receiving notice to make reimbursements. Failure to comply in a timely manner may result in the Institute filing the check for collection with the local District Attorney’s Office. Once a check has been returned, the Institute will no longer accept checks from that student.