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Financial Assistance & Payment <br />The refund will be any amount in excess of the total institutional charges (calculated in step 3) against the total payment <br />paid to the School. The amount not paid by the student for the total institutional charges is the amount the student owes <br />to the School. <br />If the amount that you have paid is more than the amount that you owe for the time you attended, then a refund <br />will be made within 45 days of the date of determination of your withdrawal/termination. If the amount that you <br />owe is more than the amount that you have already paid, then you will have to make arrangements to pay the <br />balance. <br />Refund Examples <br />Student completed 60% or less of the program: A student enrolled in a 600-clock hour program, but was <br />terminated after completing 200 clock hours. The student paid $5,000 as of the withdrawal date (charges listed <br />below): <br />Tuition: $ 11,150.00 <br />Registration Fee: 200.00 <br />STRF Fee: 0.00 <br />(a) Tuition charge per hour is $18.58 ($11,150.00 divided by 600 clock hours) <br />(b) Total institutional charges equal $3,916.67 ($18.58 x 200 hours) + $200 reg fee + $0.00 STRF fee <br />(c) Refund amount is $1,083.33. ($5,000.00 — $3,916.67) <br />2. Student completed more than 60% of the program: A student enrolled In a 600-clock hour program, but was <br />terminated after completing 500 clock hours. The student paid $5,000 as of the withdrawal date (charges listed <br />below): <br />Tuition: $ 11,150.00 <br />Registration Fee: 200.00 <br />STRF Fee: 0.00 <br />(a) Tuition charge per hour is $18.58 ($11,150.00 divided by 600 clock hours) <br />(b) Total institutional charges equal $11,350.00 ($11,150.00 + $200 reg fee + $0.00 STRF fee); total <br />institutional charges are due since student completed more than 60% <br />(c) Balance owed by student is $6,350.00 ($11,350.00 — $5,000.00) <br />n <br />The student's withdrawal date is the last date of physical attendance as determined by the institution from its attendance <br />records. The withdrawal date for a student who does not return from an approved leave of absence (LOA) is set <br />retroactively to the last date of attendance before the LOA started. <br />0 a 1 g1galgrr .. . 4 ITI <br />The American Trade Academy does not participate in any federal or state financial aid programs. If you obtain a loan to <br />pay for your educational program, you are responsible for this amount. If you get a student loan, you are responsible <br />for repaying the loan amount plus any interest, less the amount of any refund. This institution nor any of its programs <br />are not accredited by an accrediting agency recognized by the United States Department of Education and the institution <br />is not eligible for federal financial aid programs. The Institution does not offer degree programs. <br />Veterans Benefits <br />The GI Bill and Post 9/11 are a few of the VA programs available for our veteran students. If you believe you may qualify, <br />contact your local Veterans Administration Office for assistance. <br />Agency Programs <br />Work Investment Act, State Rehabilitation and Displaced Workers programs are available through various agencies. <br />ATA participates with several state and local agencies that provide these programs. If you are receiving unemployment <br />benefits or are on a subsidy program, contact your local agency office to see if you qualify for one of these programs. <br />- - z <br />American Trade Academy School Catalog Page 24 <br />