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2110.0650 REFUND POLICY.

Subpart 1.

Written policy.

Each school shall have a definite, written policy relating to the refund of tuition and fees when students terminate training. The policy shall at minimum provide for the following:

A.

a complete refund of all moneys paid if the school rejects the applicant, or if the applicant cancels the enrollment contract, in writing or in person, within three business days of the date upon which the contract was signed by both the student and agent of the school and prior to entering classes. The enrollment contract shall include a provision headed by the title in boldface ten-point type "Notice of Cancellation", which instructs the student as to what steps he or she must take to cancel the contract;

B.

a refund of all moneys paid except a registration or enrollment processing fee up to 15 percent of the contract price if the applicant cancels the enrollment contract more than three business days after conclusion of the contract but prior to entering classes;

C.

if a student has entered classes the following minimum tuition refunds shall be made:

Percentage of Total Program Represented by the Hours of Training Completed Maximum Amount of Total Tuition School Shall Receive or Retain
0 to 4.9 percent 20 percent
5 to 9.9 percent 30 percent
10 to 14.9 percent 40 percent
15 to 24.9 percent 45 percent
25 to 49.9 percent 70 percent
Over 50 percent 100 percent

Subp. 2.

Formula.

Fees for the student kit, textbooks, and workbook may be deducted before application of the percentages in refund computations, if these fees are included in the tuition and if these items become the property of the student.

Statutory Authority:

MS s 154.45; 155A.05; 155A.26

History:

13 SR 1056; L 2005 c 27 s 9; L 2009 c 78 art 6 s 26

Published Electronically:

August 20, 2009

Official Publication of the State of Minnesota
Revisor of Statutes