Common use of REFUND INFORMATION Clause in Contracts

REFUND INFORMATION. You may withdraw from the program through 60% of your period of financial obligation and receive a prorated refund for the unused portion of the tuition. Your period of financial obligation is indicated on your enrollment agreement. After you study for 60% of your period of financial obligation, no refund is available. For example, if you enrolled for and paid for 12 weeks of study (48 class days of financial obligation), you could withdraw and receive a prorated refund through the first day of the 8th week (29 class days of financial obligation). After the first day of the 8th week there would be no refund available (29/48 = 60.4% = over 60% of period of financial obligation). If after your original 12 weeks you extended your studies for 4 additional weeks and paid tuition for these 4 weeks (16 class days of financial obligation), you could withdraw and receive a prorated refund through the first day of the 3rd week (9 class days of financial obligation). After the first day of the 3rd week there would be no refund available (10/16 = 62.5% = over 60% of period of financial obligation). Prorated refunds are calculated by the day based on your last day of attendance. The daily refund amount is . Refunds will be paid within 45 calendar days of your withdrawal. Refunds can only be paid to the person or company from whom the funds originated and in the form of the original payment. The application fee is nonrefundable. If you received a discount for enrolling in and paying for a set number of weeks in advance and withdraw early, your discount will be deducted from the amount refunded. You lose the discount if you withdraw early after one or more weeks of enrollment. Commission paid to agencies is also deducted from the refund amount. Failure to comply with school policies such as attendance or academic progress can result in automatic withdrawal. If it becomes necessary for the school to automatically withdraw you from our program, the refund policy above will be used to calculate your refund. Any refund due will be paid within 45 days of your automatic withdrawal. If the school cancels or discontinues a course or educational program in which you are enrolled before your start date, the school will make a full refund of all charges paid for that program. If the school cancels or discontinues a course or educational program in which you are enrolled after your start date, the school will make a full refund of all unused charges paid for that program. $ Application Fee (App fee ­ STRF Assessment ) (Nonrefundable) $ STRF Assessment $.00 for every $1000 of Institutional Charges (Nonrefundable) $ Textbook (Nonrefundable) $ Housing Placement Fee (Nonrefundable) $ Tuition (Prorated upon course withdrawal) $ TOTAL CHARGES THE TOTAL CHARGES FOR THIS PERIOD OF ATTENDANCE ( WEEKS) IS $ . THE TOTAL THE FOR THE FIRST STUDENT IS OBLIGATED TO PAY UPON ENROLLMENT IS $ FOR THE ENTIRE EDUCATIONAL PROGRAM IS $ “ESTIMATED TOTAL CHARGES WEEK SESSION AND $ FOR EACH ADDITIONAL WEEK SESSION. 1 Week = hours of class + hours optional after­school classes. Housing fees paid $ (This amount goes to a third­party housing agency) **$60 late fee charged if tuition is paid two weeks or more late (13 day grace period) Date Signature of Student I certify that the institution has met the disclosure requirements of the new Private Postsecondary and Vocational Education Reform Act, effective January 1, 1998. ACKNOWLEDGED AND ACCEPTED: Date Signature & Title of Institution Official

Appears in 1 contract

Samples: Enrollment Agreement

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REFUND INFORMATION. You may withdraw from the program through 60% of your period of financial financial obligation and receive a prorated refund for the unused portion of the tuition. Your period of financial financial obligation is indicated on your enrollment agreement. After you study for 60% of your period of financial financial obligation, no refund is available. For example, if you enrolled for and paid for 12 weeks of study (48 class days of financial financial obligation), you could withdraw and receive a prorated refund through the first first day of the 8th week (29 class days of financial financial obligation). After the first first day of the 8th week there would be no refund available (29/48 = 60.4% = over 60% of period of financial financial obligation). If after your original 12 weeks you extended your studies for 4 additional weeks and paid tuition for these 4 weeks (16 class days of financial financial obligation), you could withdraw and receive a prorated refund through the first first day of the 3rd week (9 class days of financial financial obligation). After the first first day of the 3rd week there would be no refund available (10/16 = 62.5% = over 60% of period of financial financial obligation). Prorated refunds are calculated by the day based on your last day of attendance. The daily refund amount is . Refunds will be paid within 45 calendar days of your withdrawal. Refunds can only be paid to the person or company from whom the funds originated and in the form of the original payment. The application fee is nonrefundable. If you received a discount for enrolling in and paying for a set number of weeks in advance and withdraw early, your discount will be deducted from the amount refunded. You lose the discount if you withdraw early after one or more weeks of enrollment. Commission paid to agencies is also deducted from the refund amount. Failure to comply with school policies such as attendance or academic progress can result in automatic withdrawal. If it becomes necessary for the school to automatically withdraw you from our program, the refund policy above will be used to calculate your refund. Any refund due will be paid within 45 days of your automatic withdrawal. If the school cancels or discontinues a course or educational program in which you are enrolled before your start date, the school will make a full refund of all charges paid for that program. If the school cancels or discontinues a course or educational program in which you are enrolled after your start date, the school will make a full refund of all unused charges paid for that program. $ Application Fee (App fee ­ STRF Assessment ) (Nonrefundable) $ STRF Assessment $.00 for every $1000 of Institutional Charges (Nonrefundable) $ Textbook (Nonrefundable) $ Housing Placement Fee (Nonrefundable) $ Tuition (Prorated upon course withdrawal) $ TOTAL CHARGES THE TOTAL CHARGES FOR THIS PERIOD OF ATTENDANCE ( WEEKS) IS $ . THE TOTAL THE FOR THE FIRST STUDENT IS OBLIGATED TO PAY UPON ENROLLMENT IS $ FOR THE ENTIRE EDUCATIONAL PROGRAM IS $ “ESTIMATED TOTAL CHARGES WEEK SESSION AND $ FOR EACH ADDITIONAL WEEK SESSION. 1 Week = hours of class + hours optional after­school classes. Housing fees paid $ (This amount goes to a third­party housing agency) **$60 late fee charged if tuition is paid two weeks or more late (13 day grace period) Date Signature of Student I certify that the institution has met the disclosure requirements of the new Private Postsecondary and Vocational Education Reform Act, effective January 1, 1998. ACKNOWLEDGED AND ACCEPTED: Date Signature & Title of Institution Official.

Appears in 1 contract

Samples: Enrollment Agreement

REFUND INFORMATION. You may withdraw from the program through 60% of your period of financial financial obligation and receive a prorated refund for the unused portion of the tuition. Your period of financial financial obligation is indicated on your enrollment agreement. After you study for 60% of your period of financial financial obligation, no refund is available. For example, if you enrolled for and paid for 12 weeks of study (48 class days of financial financial obligation), you could withdraw and receive a prorated refund through the first first day of the 8th week (29 class days of financial financial obligation). After the first first day of the 8th week there would be no refund available (29/48 = 60.4% = over 60% of period of financial financial obligation). If after your original 12 weeks you extended your studies for 4 additional weeks and paid tuition for these 4 weeks (16 class days of financial financial obligation), you could withdraw and receive a prorated refund through the first first day of the 3rd week (9 class days of financial financial obligation). After the first first day of the 3rd week there would be no refund available (10/16 = 62.5% = over 60% of period of financial financial obligation). Prorated refunds are calculated by the day based on your last day of attendance. The daily refund amount is . Refunds will be paid within 45 calendar days of your withdrawal. Refunds can only be paid to the person or company from whom the funds originated and in the form of the original payment. The application fee is nonrefundable. If you received a discount for enrolling in and paying for a set number of weeks in advance and withdraw early, your discount will be deducted from the amount refunded. You lose the discount if you withdraw early after one or more weeks of enrollment. Commission paid to agencies is also deducted from the refund amount. Failure to comply with school policies such as attendance or academic progress can result in automatic withdrawal. If it becomes necessary for the school to automatically withdraw you from our program, the refund policy above will be used to calculate your refund. Any refund due will be paid within 45 days of your automatic withdrawal. If the school cancels or discontinues a course or educational program in which you are enrolled before your start date, the school will make a full refund of all charges paid for that program. If the school cancels or discontinues a course or educational program in which you are enrolled after your start date, the school will make a full refund of all unused charges paid for that program. $ Application Fee (App fee ­ STRF Assessment ) (Nonrefundable) $ STRF Assessment $.00 for every $1000 of Institutional Charges (Nonrefundable) $ Textbook (Nonrefundable) $ Housing Placement Fee (Nonrefundable) $ Tuition (Prorated upon course withdrawal) $ TOTAL CHARGES THE TOTAL CHARGES FOR THIS PERIOD OF ATTENDANCE ( WEEKS) IS $ . THE TOTAL THE FOR THE FIRST STUDENT IS OBLIGATED TO PAY UPON ENROLLMENT IS $ “ESTIMATED TOTAL CHARGES FOR THE ENTIRE EDUCATIONAL PROGRAM IS $ “ESTIMATED TOTAL CHARGES FOR THE FIRST WEEK SESSION AND $ FOR EACH ADDITIONAL WEEK SESSION. 1 Week = after­school classes. hours of class + hours optional after­school classes. Housing fees paid $ (This amount goes to a third­party housing agency) **$60 late fee charged if tuition is paid two weeks or more late (13 day grace period) Date Signature of Student I certify that the institution has met the disclosure requirements of the new Private Postsecondary and Vocational Education Reform Act, effective January 1, 1998. ACKNOWLEDGED AND ACCEPTED: Date Signature & Title of Institution Official

Appears in 1 contract

Samples: Enrollment Agreement

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REFUND INFORMATION. You may withdraw from the program through 60% of your period of financial obligation and receive a prorated refund for the unused portion of the tuition. Your period of financial obligation is indicated on your enrollment agreement. After you study for 60% of your period of financial obligation, no refund is available. For example, if you enrolled for and paid for 12 weeks of study (48 class days of financial obligation), you could withdraw and receive a prorated refund through the first day of the 8th week (29 class days of financial obligation). After the first day of the 8th week there would be no refund available (29/48 = 60.4% = over 60% of period of financial obligation). If after your original 12 weeks you extended your studies for 4 additional weeks and paid tuition for these 4 weeks (16 class days of financial obligation), you could withdraw and receive a prorated refund through the first day of the 3rd week (9 class days of financial obligation). After the first day of the 3rd week there would be no refund available (10/16 = 62.5% = over 60% of period of financial obligation). Prorated refunds are calculated by the day based on your last day date of attendanceattendance (LDA). For in-person students, the last date of attendance (LDA) is defined as the date on which the student last attended class. For online students the last date of attendance (LDA) is defined as the date on which the student attended their last synchronous class session or the date on which they submitted their last asynchronous assignment, whichever occurred last. The daily refund amount is . Refunds will be paid within 45 calendar days of your withdrawal. Refunds can only be paid to the person or company from whom the funds originated and in the form of the original payment. The application fee is nonrefundable. If you received a discount for enrolling in and paying for a set number of weeks in advance and withdraw early, your discount will be deducted from the amount refunded. You lose the discount if you withdraw early after one or more weeks of enrollment. Commission paid to agencies is also deducted from the refund amount. Failure to comply with school policies such as attendance or academic progress can result in automatic withdrawal. If it becomes necessary for the school to automatically withdraw you from our program, the refund policy above will be used to calculate your refund. Any refund due will be paid within 45 days of your automatic withdrawal. If the school cancels or discontinues a course or educational program in which you are enrolled before your start date, the school will make a full refund of all charges paid for that program. If the school cancels or discontinues a course or educational program in which you are enrolled after your start date, the school will make a full refund of all unused charges paid for that program. $ Application Fee (App fee ­ STRF Assessment ) (Nonrefundable) $ STRF Assessment $.00 for every $1000 of Institutional Charges (Nonrefundable) $ Textbook (Nonrefundable) $ Housing Placement Fee (Nonrefundable) $ Tuition (Prorated upon course withdrawal) $ TOTAL CHARGES THE TOTAL CHARGES FOR THIS PERIOD OF ATTENDANCE ( WEEKS) IS $ . THE TOTAL THE FOR THE FIRST STUDENT IS OBLIGATED TO PAY UPON ENROLLMENT IS $ FOR THE ENTIRE EDUCATIONAL PROGRAM IS $ “ESTIMATED TOTAL CHARGES WEEK SESSION AND $ FOR EACH ADDITIONAL WEEK SESSION. 1 Week = hours of class + hours optional after­school classes. Housing fees paid $ (This amount goes to a third­party housing agency) **$60 late fee charged if tuition is paid two weeks or more late (13 day grace period) Date Signature of Student I certify that the institution has met the disclosure requirements of the new Private Postsecondary and Vocational Education Reform Act, effective January 1, 1998. ACKNOWLEDGED AND ACCEPTED: Date Signature & Title of Institution Official.

Appears in 1 contract

Samples: Enrollment Agreement

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