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Cancellation and Refund Policy

Cancellation and Refund Policy

 
All students have five (5) calendar days after signing an enrollment agreement to cancel enrollment in any manner and receive a full refund of all monies paid to the institution. In addition, students enrolled in undergraduate, credit-bearing programs may cancel their enrollment up to the completion of the first course in the program and receive a full refund of all monies paid to the institution.

A student requesting cancellation more than five calendar days after signing an enrollment agreement, but prior to beginning a course or program, is entitled to a refund of all monies paid minus a one-time administrative fee per program of no more than 20 percent of the tuition and not to exceed more than $200.

When a student cancels after completing at least one assignment but less than 50 percent of the graded assignments, the institution may retain the administrative fee of no more than 20 percent of the tuition, not to exceed $200, plus a percentage of tuition paid by the student in accordance with the following schedule:

Percentage Completed by the Student

Percentage of Tuition Returned to the Student (or Third-Party Funding Agency) Minus the Administrative Fee

Percentage of Tuition Retained by the Institution

Up to 10%

90%

10%

>10% – 25%

75%

25%

>25% – 50%

50%

50%

>50% – 100%

0%

100%

 
Sample Refund Calculation:
Total Number of Graded Assignments = 10

For students who complete 1 out of the 10 graded assignments: 1/10 = 10% Tuition = $3996 – $200 administrative fee = $3796 x 10% = $379.60 + $200 = administrative fee = $579.60. Total retained by the institution = $579.60. Total returned = $3416.40.

For students who complete 2 out of the 10 graded assignments: 2/10 = 20% Tuition = $3996 – $200 administrative fee = $3796 x 25% = $949 + $200 administrative fee = $1149. Total retained by the institution = $1149. Total returned = $2847

For students who complete 5 out of the 10 graded assignments: 5/10 = 50% Tuition = $3996 – $200 administrative fee = $3796 x 50% = $1898 + $200 administrative fee = $2098. Total retained by the institution = $2098. Total returned = $1898

For students who complete 8 out of the 10 graded assignments: 8/10= 80% Tuition = $3996 – $200 administrative fee = $3796 x 100% = $3796 + $200 administrative fee = $3996. Total retained by the institution = $3996. Total returned = $0

Any money due to a student will be made within 20 days after receipt of a written notification of withdrawal or within 30 days of a cancellation or withdrawal request made in any manner. If no notification of termination is received by the school, any money due to a student will be refunded within thirty (30) days of the date of determination that the student has withdrawn from the program.

Students have the right to withdraw from the program at any time. However, the refund period ends in conjunction with the initial enrollment termination date which is 1.5 times the scheduled enrollment period. If students do not complete their program within the time allotted prior to the termination date of the enrollment agreement, no refund will be issued.