Common use of Refund and Cancellation Policy Clause in Contracts

Refund and Cancellation Policy. In the event a student wishes to drop an individual course, they must do so in writing. Per IA Code §714.23 Body Wisdom School will make a pro rata refund of tuition charges to a student who drops a course in an amount that is not less than ninety (90) percent of the amount of tuition charged to the student for the period of enrollment multiplied by the ratio of the number of scheduled clock hours remaining in sixty (60) percent of the course period to the total number of scheduled clock hours in sixty (60) percent of the course period. If a student, dropping a course, has completed sixty (60) percent or more of the course period, the student is not entitled to a refund of any tuition charges. However, if, at any time, a student drops an individual course due to the student’s physical incapacity or due to the transfer of the student’s spouse’s employment to another city, the terminating student shall receive a refund of tuition charges in an amount that equals the amount of tuition charged to the student for the course period multiplied by the ratio of the remaining number of scheduled clock hours in the course period to the total number of scheduled clock hours in the course period. Body Wisdom School will determine whether a student dropping a course is eligible for a refund of tuition charges and, if applicable, credit open balances or issue a refund accordingly within 45 days of determining that the student dropped the course. The $3 per course hour, maximum $45, Application Fee per course is non-refundable. A non-transferable Cancellation Fee of $3 per course hour, maximum of $45 per course, applies in case of dropping a course within less than 30 days prior to, or after the course start date. In case the school cancels a course, all paid moneys are refundable or transferrable. Full attendance and passing of each course is required to attain a certificate of completion. I request enrollment for the class/es indicated on page 1 of this document, and I am paying the non-refundable application fee/s of $ (see page 1): ! I am a Body Wisdom Graduate and request a Gradute Discount. I graduated under the name: ............................................................................................................. (in case of name change) Payment: ! Enclosed is a check/money order in the amount of: $ (please don’t send cash by mail). ! Charge my Credit/Debit Card in the amount of $ ………..…... Card Number: ……....…… ………....… …….....… ……..…..… Exp. Date: ……… CVC: ......... Cardholder: ………………………………………… Cardholder’s Signature: ……...……….…….………………. ! Please also charge above credit/debit card with the remainder of my balance/s as due. ! I agree to pay the balance/s as due by (please check one): ! mailing a check ! calling w/a credit card ! paying in person. I HAVE COMPLETED THIS FORM TO THE BEST OF MY KNOWLEDGE AND STATE THAT THE INFORMATION GIVEN IS TRUE AND CORRECT. MY SIGNATURE BELOW CERTIFIES THAT I HAVE READ, UNDERSTOOD AND AGREED TO MY RIGHTS AND RESPONSIBILITES AS STATED WITH THIS FORM. I FULLY UNDERSTAND AND AGREE TO THE SCHOOL’S CANCELLATION-, REFUND AND OTHER POLICIES. Student’s Signature Date ACCEPTED BY:

Refund and Cancellation Policy. In the event a student wishes to drop an individual course, they must do so in writing. Per IA Code §714.23 Body Wisdom School will make a pro rata refund of tuition charges to a student who drops a course in an amount that is not less than ninety (90) percent of the amount of tuition charged to the student for the period of enrollment multiplied by the ratio of the number of scheduled clock hours remaining in sixty (60) percent of the course period to the total number of scheduled clock hours in sixty (60) percent of the course period. If a student, dropping a course, has completed sixty (60) percent or more of the course period, the student is not entitled to a refund of any tuition charges. However, if, at any time, a student drops an individual course due to the student’s physical incapacity or due to the transfer of the student’s spouse’s employment to another city, the terminating student shall receive a refund of tuition charges in an amount that equals the amount of tuition charged to the student for the course period multiplied by the ratio of the remaining number of scheduled clock hours in the course period to the total number of scheduled clock hours in the course period. Body Wisdom School will determine whether a student dropping a course is eligible for a refund of tuition charges and, if applicable, credit open balances or issue a refund accordingly within 45 days of determining that the student dropped the course. The $3 per course hour, maximum $45, Application Fee per course is non-refundable. A non-transferable Cancellation Fee of $3 per course hour, maximum of $45 per course, applies in case of dropping a course within less than 30 days prior to, or after the course start date. In case the school cancels a course, all paid moneys are refundable or transferrable. Full attendance and passing of each course is required to attain a certificate of completion. I request enrollment for the class/es indicated on page 1 of this document, and I am paying the non-refundable application fee/s of $ (see page 1): ! 🞏 I am a Body Wisdom Graduate and request a Gradute Discount. I graduated under the name: ............................................................................................................. (in case of name change) Payment: ! 🞏 Enclosed is a check/money order in the amount of: $ (please don’t send cash by mail). ! 🞏 Charge my Credit/Debit Card in the amount of $ ………..…... Card Number: ……....…… ………....… …….....… ……..…..… Exp. Date: ……… CVC: ......... Cardholder: ………………………………………… Cardholder’s Signature: ……...……….…….………………. ! 🞏 Please also charge above credit/debit card with the remainder of my balance/s as due. ! 🞏 I agree to pay the balance/s as due by (please check one): ! 🞏 mailing a check ! 🞏 calling w/a credit card ! 🞏 paying in person. I HAVE COMPLETED THIS FORM TO THE BEST OF MY KNOWLEDGE AND STATE THAT THE INFORMATION GIVEN IS TRUE AND CORRECT. MY SIGNATURE BELOW CERTIFIES THAT I HAVE READ, UNDERSTOOD AND AGREED TO MY RIGHTS AND RESPONSIBILITES AS STATED WITH THIS FORM. I FULLY UNDERSTAND AND AGREE TO THE SCHOOL’S CANCELLATION-, REFUND AND OTHER POLICIES. Student’s Signature Date ACCEPTED BY: