REFUND CALCULATION Sample Clauses

REFUND CALCULATION. A pro rata refund pursuant to section 94919(c) Or 94920(d) or 94927 of the Code shall be no less than the total amount owed by the student for the portion of the educational program provided subtracted from the amount paid by the student, calculated as follows: (1) The amount owed equal the daily charge for the program (total institutional charge, divided by the number of days or hours in the program) multiplied by the number of days the student attended, or was scheduled to attend, prior to withdrawal. 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. Once the Student begins classes, the registration fee is non-refundable, and the following refund policy applies:
AutoNDA by SimpleDocs
REFUND CALCULATION. This example is intended to illustrate the methodology for the calculation of a subsequent refund of a late payment. This example and the numbers used in this example are purely illustrative and are in no way intended to supersede any part of the Agreement, including Section 13.3. Assumptions  Interest Rate = 12 percent per annum (compounded monthly) June 2023 Billing Invoice Amount $1,000 Date of Invoice June 1, 2023 Due Date June 15, 2023 Payment Date July 1, 2023 The total amount due on the date of payment is $1,005, which amount is computed by adding $1,000 (the original amount invoiced) and $5 (the ½ month late interest fee).
REFUND CALCULATION. If this Policy is cancelled within the first sixty (60) days from the effective date and no Claims have been filed, We will refund the entire Policy charge paid. If this Policy is cancelled after the first sixty (60) days or a Claim has been filed, We will refund an amount of the Policy charge according to the pro-rata method reflecting the greater of the days in force or the miles driven based on the term of the plan selected and the date coverage begins, less a fifty dollar ($50.00) administrative fee. In the event of cancellation, the lienholder, if any, will be named on a cancellation refund check as their interest may appear.
REFUND CALCULATION. The Student’s start date through the last date of attendance will determine the percentage of program completion, and the applicable percentage will be applied to the formula used in the refund calculation as stated below. The percentage of program completion is calculated by dividing the number of days comprising the period of enrollment in which the Student has been charged into the number of days completed in that period as of the last recorded day of attendance by the Student. Pro-Rata Refund Chart for a 12 Week Class A full refund of all moneys paid is due during the initial 5 days of study in the term in which the student withdraws. The Registration Fee will be charged after 5 calendar days from the start of the term in which the student withdraws. After Week 1, the prorated refund is based upon the amount paid minus the 20% (one time maximum of $200) Registration Fee multiplied by the appropriate percentage as listed below. If a student withdraws: *Refundable Tuition Due Student During Week 1 100% After Week 1 80% After Week 2 70% After Week 3 60% After Week 4 50% After Week 5 40% After Week 6 30% After Week 7 20% After Week 8 10% After Week 9 0% *Refundable tuition is the total course tuition minus the registration fee. Pro -Rata Refund Chart for an 8 Week Class A full refund of all moneys paid is due during the initial 5 days of study in the term in which the student withdraws. The Registration Fee will be charged after 5 calendar days from the start of the term in which the student withdraws. After Week 1, the prorated refund is based upon the amount paid minus the 20% (one time maximum of $200) Registration Fee multiplied by the appropriate percentage as listed below. If a student withdraws: *Refundable Tuition Due Student First week 100% After Week 1 80% After Week 2 60% After Week 3 40% After Week 4 20% After Week 5 0% *Refundable tuition is the total course tuition minus the registration fee.
REFUND CALCULATION. If canceled by You, Your refund will be calculated as follows: (1) if Your Contract & cancellation notice are received within 30 days of the purchase date of this Contract, You will be refunded the full Contract price;
REFUND CALCULATION. If this Certificate is cancelled within the first sixty (60) days from the effective date and no Claims have been filed, the Company will refund the entire Certificate charge paid. If this Certificate is cancelled after the first sixty (60) days or a Claim has been filed, the Company will refund an amount of the Certificate charge according to the pro-rata method reflecting the greater of the days in force or the miles driven based on the term of the plan selected and the date coverage begins, less a fifty dollar ($50.00) Administrative Fee. In the event of cancellation, the lienholder, if any, will be named on the cancellation refund check as their interest may appear.
REFUND CALCULATION i. The East Bay Paratransit Refund claim process will be available only to students who were paratransit-eligible during the applicable semester as determined by East Bay Paratransit.
AutoNDA by SimpleDocs
REFUND CALCULATION. 1. When You request cancellation within sixty (60) days of the purchase of this Contract for New Vehicles or Near-New Vehicles, or within thirty (30) days for Used Vehicle, a full refund will be made by the Selling Dealer. A full refund will only be available to the initial purchaser named in Section 1.
REFUND CALCULATION. 1. When We cancel within sixty (60) days of the purchase of this Contract, a full refund will be made to You by the Selling Dealer.
REFUND CALCULATION. This example is intended to illustrate the methodology for the calculation of a subsequent refund of a late payment. This example and the numbers used in this example are purely illustrative and are in no way intended to supersede any part of the Agreement, including Section 13.3.
Time is Money Join Law Insider Premium to draft better contracts faster.