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- When written notice of cancellation is given after the fifth business day following enrolment, but before completion of the student’s first day of class, the school may retain no more than the $100.00 application fee plus the cost of any books or minerals which have beenprovided by the school and retained by the student. (Standard textbooks and supplies are valued at $400.00)
- When notice of cancellation is given after the student’s completion of the first day of class but prior to the student’s completion of 5% of the course, the school will retain the $100.00 application fee, the cost of any books and supplies used and/or retained by the student, plus $300.00 of instructional charges.
- When the student has completed more than 5% of the course, the school will retain the $100.00 application fee, the cost of books and supplies provided to the student, and a percentage of the instructional (tuition charges according to the following table:
- Amount of Course Completed / Amount of Tuition Retained by School
5.0% - 9.9% 30% 10% - 14.9% 40% 15% - 24.9% 45% 25% - 49.9% 70% 50% or more 100%
- If the student is receiving financial aid (Pell Grants), is a first-time student at this school, and has completed less than 60% of the course at the time of withdrawal, the following “pro-rata refund policy” will be used to calculate tuition owed to the school. In a pro-rata refund, the student is charged the $100.00 application fee, the cost of any books and materials purchased from the school, and a portion of the tuition equal to the amount of hours completed, rounded upward to the nearest 10%.
- Actual Hours Completed by Student / Percentage of Tuition Owed by Student
1-150 10% 151-300 20% 301-450 30% 451-600 40% 601-750 50% 751-900 60% 901-1,500 Pro-Rata rate does not apply
- The school shall mail a written acknowledgement of a student’s cancellation or written withdrawal to the student within 15 calendar days of the date the student notified the school of his or her withdrawal.
- Any refund owed to the student upon his or her cancellation will be made within 30 calendar days from the date of the student’s written notice of cancellation.
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