International Student Deposit
Members of the Church of Jesus Christ of Latter-Day Saints are required to pay $5,000 USD and those who are not members of the Church of Jesus Christ of Latter-Day Saints are required to pay $7,500 USD to the LDS Business College Cashier's Office following notification of their admission. Students will not be able to register for classes, nor will any I-20 paperwork be initiated until the deposit is paid and all other documents are received. The registration hold will be removed once all required documents are received, the full deposit received and the I-20 is created. There is no option for students to pay a portion of the deposit. A full deposit is required.
At LDS Business College, the deposit will be held in escrow with the intent that it will assist the student to begin school. Student who are members of the Church of Jesus Christ of Latter-Day Saints may access up to $3,000 of the deposit and students who are not members of the Church of Jesus Christ of Latter-Day Saint may access up to $5,000 of the deposit to be applied towards their fees and tuition. The remaining $2,000 will be set aside for the student as an emergency fund and is for purchase of a plane ticket to return to their home country.
You cannot pay the deposit over the phone. Please contact the cashier’s office at (801) 524-8153 for payment options. There is no option for students to pay a portion of the deposit. A full deposit is required. There are no exceptions to this.