Lumion Payments

Spec sheet

Purpose

Lumion Payments provides flexible tuition payment plans, 100% approvals, and licensed in-house servicing for career schools.Read 30 Sep 2026 · lumion.ai

Security

Lumion's agent platform states FERPA alignment, TCPA compliance, SOC 2 Type II, and NMLS licensing in 48 states.Read 30 Sep 2026 · lumion.ai

Compliance

Lumion pricing information states FERPA-aware data handling, TILA and Reg Z compliance, TCPA-compliant outreach, and full execution logging.Read 30 Sep 2026 · lumion.ai

Support

School support offers live phone, email, or chat coverage Monday through Friday from 9AM to 7PM EST, 24/7 self-service resources, and after-hours responses within 24 hours.Read 30 Sep 2026 · lumion.ai

Headquarters

Salt Lake City, Utah, United StatesRead 28 Sep 2026 · lumion.ai

API integrations

The Max plan includes API access and integrations to connect a school's SIS, LMS, and stack.Read 30 Sep 2026 · lumion.ai

Auto-charge

Auto-charge supports card, ACH, and Apple Pay with NACHA compliance, smart retries for soft failures, and servicing escalation for hard failures.Read 30 Sep 2026 · lumion.ai

Data controls

Lumion says student data is isolated per school, never used to train other schools' agents, and governed by role-based permissions.Read 30 Sep 2026 · lumion.ai

Lender integrations

The payment comparison lists Lumion school plans, Climb Credit, Sallie Mae, and Meritize as funding options.Read 30 Sep 2026 · lumion.ai

Payment options

Payment options include paying in full with a 5% discount, a 12-month 0% interest plan, and deferred tuition starting at graduation with $0 down.Read 30 Sep 2026 · lumion.ai

Servicing team

Lumion says late payments are handled by 16 US-based servicers and reports a 91.7% payback rate for a 36-month cohort.Read 30 Sep 2026 · lumion.ai

State coverage

Lumion says its payment plans are NMLS-licensed in 48 states and apply state-specific rules automatically.Read 30 Sep 2026 · lumion.ai

Student self-service

The student portal shows a real-time payoff quote and automatically sends a contract-satisfied letter after payoff.Read 30 Sep 2026 · lumion.ai

Target market

Lumion provides operational software and services for trade and technical schools and reports 400+ partner schools across 29+ industries.Read 30 Sep 2026 · lumion.ai

Plans and prices

Every Lumion Payments plan and price →

Where Specifiction places it

• Tuition Management Software#12 of 267.5