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The College refund policy is as follows: <br />Amount paid in advance <br />$5, o.00 <br />Registration Fee <br />$100.00 <br />Clock hours paid but not used <br />600-150 <br />Refund of tuition <br />$4 252, 0 <br />Actual refund <br />$ 2 2.50 <br />STUDENT TUITION RECOVERY FUND (STRF) <br />The State of California established the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic loss suffered <br />by a student in an educational program at a qualifying institution, who is or was a California resident while enrolled, or was <br />enrolled in a residency program, if the student enrolled in the institution, prepaid tuition, and suffered an economic loss. <br />Unless relieved of the obligation to do so, you must pay the state -imposed assessment for the STRF, or it must be paid on <br />your behalf, if you are a student in an educational program, who is a California resident, or are enrolled in a residency <br />program, and prepay all or part of your tuition. <br />You are not eligible for protection from the STRF and you are not required to pay the STRF assessment, if you are not a <br />California resident, or are not enrolled in a residency program. It is important that you keep copies of your enrollment <br />agreement, financial aid documents, receipts, or any other information that documents the amount paid to the school. <br />Questions regarding the STRF maybe directed to the Bureau for Private Postsecondary Education,1747 North Market, Suite <br />225, Sacramento, CA 95834, (916) 574-8900 or (888) 370-7589. <br />To be eligible for STRF, you must be a California resident or are enrolled in a residency program, prepaid tuition, paid or <br />deemed to have paid the STRF assessment, and suffered an economic loss as a result of any of the following: <br />1. The institution, a location of the institution, or an educational program offered by the institution was closed or <br />discontinued, and you did not choose to participate in a teach -out plan approved by the Bureau or did not complete <br />a chosen teach -out plan approved by the Bureau. <br />2. You were enrolled at an institution or a location of the institution within the 12o-day period before the closure of the <br />institution or location of the institution or were enrolled in an educational program within the 12o day period before <br />the program was discontinued. <br />3. You were enrolled at an institution or a location of the institution more than 12o days before the closure of the <br />institution or location of the institution, in an educational program offered by the institution as to which the Bureau <br />determined there was a significant decline in the quality or value of the program more than 12o days before closure. <br />4. The institution has been ordered to pay a refund by the Bureau but has failed to do so. <br />5. The institution has failed to pay or reimburse loan proceeds under a federal student loan program as required by law <br />or has failed to pay or reimburse proceeds received by the institution in excess of tuition and other costs. <br />6. You have been awarded restitution, a refund, or other monetary award by an arbitrator or court, based on a violation <br />of this chapter by an institution or representative of an institution, but have been unable to collect the award from <br />the institution. <br />7. You sought legal counsel that resulted in the cancellation of one or more of your student loans and have an invoice <br />for services rendered and evidence of the cancellation of the student loan or loans. <br />To qualify for STRF reimbursement, the application must be received within four (4) years from the date of the action or <br />event that made the student eligible for recovery from STRF. <br />A student whose loan is revived by a loan holder or debt collector after a period of non -collection may, at any time, file a <br />written application for recovery from STRF for the debt that would have otherwise been eligible for recovery. If it has been <br />more than four (4) years since the action or event that made the student eligible, the student must have filed a written <br />application for recovery within the original four (4) year period, unless the period has been extended by another act of law. <br />However, no claim can be paid to any student without a social security number or a taxpayer identification number. <br />The STRF rate is subject to change pursuant to statute. Effective January 1, 2015, the BPPE requires that institutions collect <br />from each newly enrolled student a fee" in the amount of $o.00 per thousand dollars of institutional charges paid, regardless <br />of the portion that is prepaid. <br />FEDERAL RETURN OF TITLE IV FUNDS POLICY <br />In addition to having institutional charges adjusted based on the institution's Tuition Refund Policy, for a student who <br />receives federal financial assistance under the Title IV student financial aid programs, the institution must determine the <br />amount of Title IV funds a student has earned at the time of withdrawal using the Return of Title IV Funds Policy. This <br />amount of Title IV assistance earned is based upon the amount of time the student attended and has no relationship to the <br />institutional charges that the student has incurred. Up through the 60% point of the payment period, a pro -rate schedule is <br />used to determine the amount of Title IV funds the student has earned at the time of his or her withdrawal. After the 60% <br />point, the student has earned t00% of the Title IV funds for the payment period. <br />21 <br />