Hypothetical Refund Example. Students have a right to a full refund of all charges, less the $150 Application fee, if the student cancels the enrollment agreement on the first day of class or on the seventh day after signing this agreement. The amount retained by the school will not exceed the $150 (one hundred fifty dollars) Application fee. If a student withdraws from the program after instruction has begun, the student will receive a pro rata refund for the unused portion of the tuition and other refundable charges if the student has completed 60% or less of the instruction. The date of withdrawal is the date of cancellation and is determined as the date the student notifies the school of the decision to cancel, or the last date of attendance if the student fails to notify the school. The student will be charged for all hours attended. For example, if the Student completes 50 hours of a 100-hour course and paid $2,000 for tuition-in-full, the student would receive a refund of $1,000. The School will refund money collected from a third party on the student’s behalf, such as Veteran’s Benefits and/or WIA funds, if the school cancels or discontinues the course in which the student is enrolled, or if the student drops out. If any portion of the tuition was paid from the proceeds of a third party, the refund will be sent to the lender or agency that guaranteed the funds. Any remaining amount will first be used to repay any student financial aid programs from which the student received benefits, in proportion to the benefits received. Any remaining amount of money will be paid to the student. If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. If the student has received federal student financial aid funds, the student is entitled to a refund of moneys not paid from federal student financial aid program funds. If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. Additionally, if the student has received federal student financial aid funds, the student is entitled to a refund of $2000 / 100 = $20/ 50/ $1000 / $1,000 Tuition / Total Hourly / Hours / Total Due / Total Due Paid By / Hours Charge / Completed /to School / to Student Student CANCELLATION AND REFUND POLICY Cont’ moneys not paid from federal student financial aid program funds. If the student is eligible for a loan guaranteed by the federal or state government and the student defaults on the loan, both of the following may occur:
Appears in 1 contract
Samples: aoicollege.edu
Hypothetical Refund Example. Students have a right to a full refund of all charges, less the $150 Application fee, if the student cancels the enrollment agreement on the first day of class or on the seventh day after signing this agreement. The amount retained by the school will not exceed the $150 (one hundred fifty dollars) Application fee. If a student withdraws from the program after instruction has begun, the student will receive a pro rata refund for the unused portion of the tuition and other refundable charges if the student has completed 60% or less of the instruction. The date of withdrawal is the date of cancellation and is determined as the date the student notifies the school of the decision to cancel, or the last date of attendance if the student fails to notify the school. The student will be charged for all hours attended. For example, if the Student completes 50 hours of a 100-hour course and paid $2,000 for tuition-in-full, the student would receive a refund of $1,000. The School will refund money collected from a third party on the student’s behalf, such as Veteran’s Benefits and/or WIA funds, if the school cancels or discontinues the course in which the student is enrolled, or if the student drops out. If any portion of the tuition was paid from the proceeds of a third party, the refund will be sent to the lender or agency that guaranteed the funds. Any remaining amount will first be used to repay any student financial aid programs from which the student received benefits, in proportion to the benefits received. Any remaining amount of money will be paid to the student. If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. If the student has received federal student financial aid funds, the student is entitled to a refund of moneys not paid from federal student financial aid program funds. If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. Additionally, if the student has received federal student financial aid funds, the student is entitled to a refund of $2000 / 100 = $20/ 50/ $1000 / $1,000 Tuition / Total Hourly / Hours / Total Due / Total Due Paid By / Hours Charge / Completed /to School / to Student Student CANCELLATION AND REFUND POLICY Cont’ moneys not paid Failure to report after an Emergency Leave of Absence or Vacation The Student has the right to withdraw from federal student financial aid program fundsthe institution at any time. If the Student withdraws from the course of instruction during or after a vacation or emergency leave of absence, AOI will remit a pro-rata refund for the unused portion of the tuition and other refundable charges. If the student has completed up to 60% of instruction or less of the instruction within 45 days, the amount of the refund is eligible for a loan guaranteed determined by deducting the non- refundable Application fee from the total tuition charge, then dividing the remainder by the federal or state government and number of hours in the course to calculate the hourly charge. The refund is the amount in excess of what the student defaults on owes for total hours of instruction completed, excluding the loannon-refundable charges. When a student fails to report from an Emergency Leave of Absence or Vacation, both the date of determination shall be the day when the Failure to enroll notice is issued by AOI. However, the amount of the following may occur:refund is calculated by the last day the student attended class. Note: The $15 Student ID and $15 Certification Fee is not refundable in the event that an ID card or Certificate has been produced.
Appears in 1 contract
Samples: www.aoicollege.edu
Hypothetical Refund Example. Students have a right to a full refund of all charges, less the $150 Application fee, if the student cancels the enrollment agreement on the first day of class or on the seventh day after signing this agreement. The amount retained by the school will not exceed the $150 (one hundred fifty dollars) Application fee. If a student withdraws from the program after instruction has begun, begun the student will receive a pro rata pro-rated refund for the unused portion of the tuition and other refundable charges if the student has students had completed 60% or less of the instruction. The date of withdrawal is the date of cancellation and is determined as the date the student notifies the school School of the decision to cancel, or the last date of attendance attendance, if the student fails to notify the schoolSchool. The student will be charged for all hours attended. For example, if the Student completes 50 hours only half of a 100-hour course (50 hours), and paid $2,000 for in tuition-in-full, the student would receive a half of the tuition as refund of or $1,000. The School will refund money collected from a third party on the student’s behalf, such as Veteran’s Benefits Benefits, Title II, III, IV, and/or WIA funds, if the school School cancels or discontinues the course in which the student is enrolled, or if the student drops out. If any portion of the tuition was paid from the proceeds of a third party, the refund will be sent to the lender or agency that guaranteed the funds. If the student has received federal student financial aid funds, the student is entitled to a refund of moneys not paid from federal student financial aid program funds. Any remaining amount will first be used to repay any student financial aid programs from which the student received benefits, in proportion to the benefits received. Any remaining amount of money will be paid to the student. If The School will provide all supplies for the program selected at the stated charge. Lost, mutilated, or stolen items will be replaced at the expense of the student. The cost of medical or other examinations, if required, is to be paid for by the student. * DISTANCE EDUCATION: The school offering a distance educational program shall transmit the first lesson and any materials to any student within seven days after the school accepts the student obtains a loan to pay for an educational program, the admission. The student will shall have the responsibility right to repay cancel the enrollment agreement and receive a full amount refund before the first lesson and materials are received. Cancellation is effective on the date within notice of cancellation is sent. The School shall make the loan plus interest, less the amount of any refundrefund in accordance with its regulation. If the student has received federal student financial aid fundsSchool sent the first lesson and materials before an effective cancellation notice was received, the student is entitled to School shall make a refund of moneys not paid from federal student financial aid program funds. If within 45 days after the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount student's return of the loan plus interest, less the amount of any refund. Additionally, if the student has received federal student financial aid funds, the student is entitled to a refund of $2000 / 100 = $20/ 50/ $1000 / $1,000 Tuition / Total Hourly / Hours / Total Due / Total Due Paid By / Hours Charge / Completed /to School / to Student Student CANCELLATION AND REFUND POLICY Cont’ moneys not paid from federal student financial aid program funds. If the student is eligible for a loan guaranteed by the federal or state government and the student defaults on the loan, both of the following may occur:materials.
Appears in 1 contract
Samples: Enrollment Agreement
Hypothetical Refund Example. Students have a right to a full refund of all charges, less the $150 Application fee, if the student cancels the enrollment agreement on the first day of class or on the seventh day after signing this agreement. The amount retained by the school will not exceed the $150 (one hundred fifty dollars) Application fee. If a student withdraws from the program after instruction has begun, begun the student will receive a pro rata pro-rated refund for the unused portion of the tuition and other refundable charges if the student has students had completed 60% or less of the instruction. The date of withdrawal is the date of cancellation and is determined as the date the student notifies the school School of the decision to cancel, or the last date of attendance attendance, if the student fails to notify the schoolSchool. The student will be charged for all hours attended. For example, if the Student completes 50 hours only half of a 100-hour course (50 hours), and paid $2,000 for in tuition-in-full, the student would receive a half of the tuition as refund of or $1,000. The School will refund money collected from a third party on the student’s behalf, such as Veteran’s Benefits Benefits, Title II, III, IV, and/or WIA funds, if the school School cancels or discontinues the course in which the student is enrolled, or if the student drops out. If any portion of the tuition was paid from the proceeds of a third party, the refund will be sent send to the lender or agency that guaranteed the funds. If the student has received federal student financial aid funds, the student is entitled to a refund of moneys not paid from federal student financial aid program funds. Any remaining amount will first be used to repay any student financial aid programs from which the student received benefits, in proportion to the benefits received. Any remaining amount of money will be paid to the student. The School will provide all supplies for the program selected at the stated charge. Lost, mutilated, or stolen items will be replaced at the expense of the student. The cost of medical or other examinations, if required, is to be paid for by the student. * LOANS NOTICE Sierra States University does not offer any state or federal loan guarantees; no loans of any kind are offered at this School. “If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. If the student has received federal student financial aid funds, the student is entitled to a refund of moneys not paid from federal student financial aid program funds. If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. Additionally, if the student has received federal student financial aid funds, the student is entitled to a refund of $2000 / 100 = $20/ 50/ $1000 / $1,000 Tuition / Total Hourly / Hours / Total Due / Total Due Paid By / Hours Charge / Completed /to School / to Student Student CANCELLATION AND REFUND POLICY Cont’ moneys not paid from federal student financial aid program funds. .” “If the student is eligible for a loan guaranteed by the federal or state government and the student defaults on the loan, both of the following may occur:
Appears in 1 contract
Hypothetical Refund Example. Students have a right to a full refund of all charges, less the $150 Application fee, if the student cancels the enrollment agreement on the first day of class or on the seventh day after signing this agreement. The amount retained by the school will not exceed the $150 (one hundred fifty dollars) Application fee. If a student withdraws from the program after instruction has begun, the student will receive a pro rata refund for the unused portion of the tuition and other refundable charges if the student has completed 60% or less of the instruction. The date of withdrawal is the date of cancellation and is determined as the date the student notifies the school of the decision to cancel, or the last date of attendance if the student fails to notify the school. The student will be charged for all hours attended. For example, if the Student completes 50 hours of a 100-hour course and paid $2,000 for tuition-in-full, the student would receive a refund of $1,000. The School will refund money collected from a third party on the student’s behalf, such as Veteran’s Benefits and/or WIA funds, if the school cancels or discontinues the course in which the student is enrolled, or if the student drops out. If any portion of the tuition was paid from the proceeds of a third party, the refund will be sent to the lender or agency that guaranteed the funds. Any remaining amount will first be used to repay any student financial aid programs from which the student received benefits, in proportion to the benefits received. Any remaining amount of money will be paid to the student. If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. If the student has received federal student financial aid funds, the student is entitled to a refund of moneys not paid from federal student financial aid program funds. If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. Additionally, if the student has received federal student financial aid funds, the student is entitled to a refund of $2000 / 100 = $20/ 50/ $1000 / $1,000 Tuition / Total Hourly / Hours / Total Due / Total Due Paid By / Hours Charge / Completed /to School / to Student Student CANCELLATION AND REFUND POLICY Cont’ moneys not paid Failure to report after an Emergency Leave of Absence or Vacation The Student has the right to withdraw from federal student financial aid program fundsthe institution at any time. If the Student withdraws from the course of instruction during or after a vacation or emergency leave of absence, AOI will remit a pro-rata refund for the unused portion of the tuition and other refundable charges if the student has completed 60% or less of the instruction within 45 days. The amount of the refund is eligible for a loan guaranteed determined by dividing the tuition fee by the federal or state government and number of hours in the course to calculate the hourly charge. The refund is the amount calculated by deducting what the student defaults on owes for total hours of instruction completed from the loantotal tuition charge. When a student fails to report from an Emergency Leave of Absence or Vacation, both the date of determination shall be the day when the Failure to enroll notice is issued by AOI. However, the amount of the following may occur:refund is calculated by the last day the student attended class. Note: The $150 application fee, the $15 Student ID and $15 Certification Fee are not refundable.
Appears in 1 contract
Samples: www.aoicollege.edu
Hypothetical Refund Example. Students have a right to a full refund of all charges, less the $150 Application fee, if the student cancels the enrollment agreement on the first day of class or on the seventh day after signing this agreement. The amount retained by the school will not exceed the $150 (one hundred fifty dollars) Application fee. If a student withdraws from the program after instruction has begun, the student will receive a pro rata refund for the unused portion of the tuition and other refundable charges if the student has completed 60% or less of the instruction. The date of withdrawal is the date of cancellation and is determined as the date the student notifies the school of the decision to cancel, or the last date of attendance if the student fails to notify the school. The student will be charged for all hours attended. For example, if the Student completes 50 hours of a 100-hour course and paid $2,000 for tuition-in-full, the student would receive a refund of $1,000. $2000 / 100 = $20/ 50/ $1000 / $1,000 Tuition / Total Hourly / Hours / Total Due / Total Due Paid By / Hours Charge / Completed /to School / to Student Student The School will refund money collected from a third party on the student’s behalf, such as Veteran’s Benefits and/or WIA funds, if the school cancels or discontinues the course in which the student is enrolled, or if the student drops out. If any portion of the tuition was paid from the proceeds of a third party, the refund will be sent to the lender or agency that guaranteed the funds. Any remaining amount will first be used to repay any student financial aid programs from which the student received benefits, in proportion to the benefits received. Any remaining amount of money will be paid to the student. If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. If the student has received federal student financial aid funds, the student is entitled to a refund of moneys not paid from federal student financial aid program funds. If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. Additionally, if the student has received federal student financial aid funds, the student is entitled to a refund of $2000 / 100 = $20/ 50/ $1000 / $1,000 Tuition / Total Hourly / Hours / Total Due / Total Due Paid By / Hours Charge / Completed /to School / to Student Student CANCELLATION AND REFUND POLICY Cont’ moneys not paid from federal student financial aid program funds. If the student is eligible for a loan guaranteed by the federal or state government and the student defaults on the loan, both of the following may occur:
Appears in 1 contract
Samples: School Catalog
