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(If the student paid $1,000 tuition for a 100-hour program, $75 for an application fee, and initially paid $0 for books and supplies) Refund Example: $1,075 (Amount paid for program tuition, application and books) Less $ 75 (Amount retained by the institution for the application fee) Less $ 0 Equals $1,000 Divided By $ 100 Times $ 50 Equals $ 500 (Amount for books not part of the refund calculation) (Amount subject to the refund calculation) (Hours paid for, but not received) (Hours completed) (Refund Amount) For this same course, the following would apply Completed: 10% 25% 50% 60% Refund Amount: $900 $750 $500 $400 Also, upon the return of unused or re -saleable equipment or books, the student would be reimbursed for the cost of those returnable materials. Refunds will be paid within 30 days of cancellation or withdrawal. Amfasoft also offers distance educational learning programs. The institution meets the specific minimum operating standards for instruction (5 C.C.R. §71715). Distance education as defined in §94834 of the Ed. Code does not require the physical presence of students and faculty at the same location but provides for interaction between students and faculty by such means as telecommunication, correspondence, electronic and computer augmented educational services, postal service, and facsimile transmission. • Amfasoft ensures that the educational program offered through distance education is appropriate for delivery through distance, Education methods. • Assess each student, before admission, to determine whether each student has the skills and competencies to succeed in a distance education environment. • Ensure that the materials and programs are current, well organized, designed by faculty competent in distance education techniques, and delivered using readily available, reliable technology. • Provide for meaningful interaction with faculty who are qualified to teach using distance education methods. • Maintain clear standards for satisfactory academic progress. • Complete timely student evaluations of learning outcomes by duly qualified faculty, which are appropriate for use with the distance education methods used and evaluated by duly qualified faculty. • Employ a sufficient number of faculty to assure that the institution's response to, or evaluation of, each student lesson is returned to the student within 10 days after the lesson is received by the institution; and, the institution's response to, or evaluation of, each student project or dissertation is returned to the student within the time disclosed in the catalog; If you enroll in a distance education program where the instruction is not offered in real -tine, the first lesson and any materials shall be transmitted to you within seven days after the institution accepts you for admission. You have the right to cancel the agreement and receive a full refund pursuant to 5 CCR section 71750 before the first lesson and materials are received. Cancellation is effective on the date written notice of cancellation is sent. The institution shall make a refund pursuant to 5 CCR section 71750. If the institution sent the first lesson and materials before an effective cancellation notice was received, the institution shall make a refund within 45 days after the student's return of the materials. An institution shall transmit all the lessons and other materials to the student if the student: (A) has fully paid for the educational program; and (B) after having received the first lesson and initial materials, requests in writing that all the material be 36