Lakehead University is changing the way it accepts payment for tuition and student resident services. As of May first, L-U's finance boss Michael Pawlowski says they will no longer be accepting credit cards. He says it will amount to a savings of over a quarter million dollars in fees they would normally pay to the credit card companies. Pawlowski says they feel the savings could be better spent in other areas of the institution. 
Tuesday, March 20, 2012
Saving over a quarter million dollars...priceless
Lakehead University is changing the way it accepts payment for tuition and student resident services. As of May first, L-U's finance boss Michael Pawlowski says they will no longer be accepting credit cards. He says it will amount to a savings of over a quarter million dollars in fees they would normally pay to the credit card companies. Pawlowski says they feel the savings could be better spent in other areas of the institution. 