Buyer’s Right to Cancel
The date of execution of the Enrollment Agreement is the date of delivery of the letter of acceptance, and if delivered by mail, the post mark date of the letter of acceptance. In the event of student termination, for any reason, the following refund policy will apply: Not withstanding anything to the contrary the school will refund all tuition, fees and other charges paid by the Student if the Student is not accepted by the school, or if the Student gives written notice of cancellation within five business days after the day on which the Contract was executed, regardless of whether the course of instruction has started. “Student” means the student if the student is the party to the contract, or the student’s parent or guardian or another person if the parent or guardian or other person is the party to the contract on behalf of the student.
When a Student gives Written Notice of Cancellation following the fifth business day after the date of execution of the Contract, but before the start of the course, all tuition, fees and other charges except $50.00 will be returned to the student.
When a Student gives Written Notice of Cancellation after the start of the course but before completion of 75 percent of the course, the amount charged for tuition, fees and all other charges for the completed portion of the course will not exceed the pro rate portion of the total charges for tuition, fees, and all other charges for the completed portion of the course, plus $100.00. After completion of 75 percent of the course, no refunds will be made.
The effective date of the Written Notice of Cancellation is the date the notice is postmarked or delivered to the School. The School will acknowledge in writing any valid notice of cancellation within ten business days after the receipt of such notice, and will refund the sum due according to the terms of the cancellation and refund policy. Cancellation refunds will be forwarded to the student within 30 business days of receipt of a notice of cancellation.
This Refund Policy is not linked to any student conduct policy and any promissory instrument shall not be negotiated prior to the completion of 50 percent of the course.
I certify that I have answered all items truthfully and I fully understand the terms of the Enrollment Agreement and will abide by them. I further understand this agreement becomes a legally binding contract upon acceptance of the Student by the School unless cancelled pursuant to the “Buyer’s Right to Cancel” as indicated in the Enrollment Agreement.
For SELF Loan Borrowers
Withdrawal- In the event that a borrower, for any reason, fails to complete a loan period, withdraws, and the school calculates a SELF refund for the borrower, that refund must be returned to the office for the SELF loan program within 30 days of the date the school becomes aware of the withdrawal.