How to Get Cash Back on Your Lakehead University bill

What is Lakehead University?

Full-time undergraduates can pay the year in full by August 15 or in two instalments due August 15 and December 15. Lakehead asks you to send online banking payments 2 to 5 business days before the payment deadline. The math on this page uses $510/month as an example tuition; your own amount will differ, and the cash back scales with it.

How to Get Cash Back on Your Lakehead University Tuition

1. Create your free Neobanc account: sign up at neobanc.com, takes about 2 minutes with instant verification.
2. Add Lakehead University as a payee: search "Lakehead University" in Bills. Banks and Neobanc list it as Lakehead University.
3. Enter your student number: 7-digit student ID number, entered as the account number, see below for exactly where to find it.
4. Pay with your preferred credit card: one-time or recurring. Your card earns its normal rewards; Neobanc adds cash back on top.
5. Earn cash back on every payment: cash back lands in your Neobanc balance. Withdraw it or put it toward next month's tuition.

Where to Find Your Lakehead University Student Number

Format: 7-digit student ID number, entered as the account number. Use your 7-digit Lakehead student ID number as the account number when you set up Lakehead University as a payee; fees and pre-authorized debits are managed through MyInfo.

Verified against www.lakeheadu.ca, October 2026.

Can I Pay Lakehead University With a Credit Card?

Yes, and it's the whole point. Most billers don't reward you for how you pay. Through Neobanc, your card earns its normal rewards and Neobanc adds 1% cash back on top. On a $510/month Lakehead University tuition, that's roughly $184 back per year between a 2% cash-back card and Neobanc, for the exact same tuition.

The Math on Your Lakehead University Tuition

On a $510/month tuition, a 2% cash-back card returns about $10.20/month, and Neobanc adds $5.10 on top, roughly $184 per year for switching how you pay, not what you pay.

How do I save the most on my Lakehead University tuition each month?

Change how you pay before what you pay. Paying by bank transfer or Pre-Authorized Debit earns nothing; the same tuition through Neobanc with a cash-back card returns about $184 a year. Lakehead charges a $105 late payment fee for each missed payment deadline, applied within 1 business day after the due date. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.