Fees and Financial Aid

Payments and Banking

Payments and Banking

List of 4 items.

  • Payment Methods

    For families who have a Canadian bank account, LCS offers the following payment methods:
    • online banking
    • pre-authorized debit
    • credit card via Plastiq (3rd party partner)
    • draft, money order, or post-dated cheques
     
    For families who have a bank account outside of Canada, LCS offers the following payment methods:
  • School Banking Information

    To be used only for the purposes of wire transfers or other bank deposits to the school’s account. Please ensure your child’s full name is on the payment.
     
    Canadian Imperial Bank of Commerce
    37 Queen Street, Lakefield, Ontario K0L 2H0, Canada
    Phone: 705.652.3311
    Fax: 705.652.5242
    Account Number: 54-00317
    Bank Number: 010
    Branch Code/Transit Number: 04942
    Swift Code: CIBCCATT
  • Late Payment

    Accounts for fees and extra charges that are outstanding at the time of the billing will be subject to late payment charges at a rate of 16% per annum. Monthly statements are emailed by the 5th working day of the following month. All original medical invoices/prescriptions are mailed after statements are emailed.
     
    Failure to comply with the terms of payment may result in the student not being admitted to the school for the subsequent term or academic year. In addition, the school may withhold grading services and exercise other sanctions as it deems necessary for the collection of overdue accounts.
  • Student Banking

    Students are encouraged to responsibly handle their own finances and to have their own bank account in the village of Lakefield with either the Canadian Imperial Bank of Commerce (CIBC) or the Royal Bank of Canada (RBC). The school suggests a $30 weekly allowance to cover incidental expenses such as postage, taxis, and haircuts, etc. Students are encouraged to plan their spending and keep only small sums of money in their possession. A bank debit machine is conveniently located on campus.
Questions? We have the answers. Contact Valerie.

School Information

4391 County Road 29, Lakefield Ontario K0L 2H0   705.652.3324   admissions@lcs.on.ca

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Lakefield College School is a private, coeducational boarding and day school for students in grades 9 through 12, located in Lakefield, Ontario, Canada.

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