Finances
As a Leadership Training participant, you are required to meet ALL the financial obligations of the LT program. Failure to do so may result in early departure from the LT Program. Any unpaid balances will result in ineligibility to participate in future Great Commission Ministries-sponsored events.
Please read the following financial information carefully:
Sponsors and Fundraising
Once GCM accepts you into the LT program, you can choose to raise financial support through sponsorships to cover your LT program fees. You will receive support raising guidelines and helps as part of your acceptance email.
Those of you finding sponsors to help cover your LT program fees are responsible to meet the same payment schedule.
Program Costs
The program cost of Colorado LT is $695, plus the application fee ($25, $50, or $75, depending on when you apply. See the faq’s). The program fee covers all your program costs for the summer, as well as other costs associated with the training. (Your food and housing costs are covered by your employment at the YMCA.) If you choose not to pay the full amount up front, a five-part payment schedule is available (see below). If you have any problems meeting the payment schedule, please call us. Together we can look at the possibility of setting up an alternative payment plan to cover the program costs.
Program Deposit
LT has limited participant space! To ensure your space at LT, you must send in a Program Deposit of $200 by April 30 for the semester schools. GCM cannot guarantee you a spot until we receive your deposit. If we have not received your program deposit by the April 30 deadline, you will be placed on a waiting list.
Payment Schedule
| Due Date | Payment Type | Amount |
|---|---|---|
| April 30 | Program Deposit | $200 |
| Upon Arrival | $200 | |
| June 15 | Payment 2 | $100 |
| June 29 | Payment 3 | $100 |
| July 13 | Final Program Fee | $95 |
GCM accepts personal checks, money orders, and credit cards for the Program Deposit. For the remaining program fees, cash payments are also accepted.
You can pay the full $695 by April 30, or $495 by May 30 if this is an easier option for you.
Late Fees
If you foresee that you will have any problems meeting the payment schedule, please call us immediately. Together we can look at the possibility of setting up an alternative payment plan to cover the program costs.
If you miss a payment deadline and you have not made arrangements with GCM, you will be assessed a late fee of $25 per payment. Failure to make a payment deadline may result in GCM suspending your participation in the program.
NSF Fees
Please make sure that you have sufficient funds to cover each payment.
If you use a personal check for payments and there are insufficient funds in your checking account, GCM will charge you a $25 NSF fee. If you pay by credit card and it is declined, we will require you to make immediate payment by check, money order, or cash.
Cancellations/Refunds
Before May 1: You will forfeit the registration fee and your deposit.
After May 1: There are no refunds for early withdrawal from the LT program. GCM will make exceptions for situations such as an injury, medical condition, serious illness, or death in your immediate family on a case by case basis.