La. Admin. Code tit. 28 § III-501

Current through Register Vol. 50, No. 11, November 20, 2024
Section III-501 - Applications
A. General
1. All applications must comply with the provisions of R.S. 17:3141.4, as well as any applicable provisions of these regulations. All applications concerning licenses are to be submitted to the commission in the manner as directed by commission staff.
2. All applicable fees, as provided below, must be by company, institutional, certified check, or by money order and must be made payable to the "Louisiana Board of Regents", with the exception of the Student Protection Fund which is to be made payable to the "Student Protection Fund." Except for overpayments toward the Student Protection Fund, no portion of any license fee shall be subject to refund.
B. Initial Application and License Fee. The initial license application fee shall be $2,000. A payment of $1,000 toward the student protection fund must be paid along with the license fee.
C. Renewal Application and Fee
1. The annual renewal application fee is based on the school's gross tuition revenues for the previous year as follows:
a. under $50,000-$500;
b. $50,000 and up-greater of $1,000 or 0.25 percent of gross tuition income.
2. If a complete license renewal application is not received at least 30 days prior to its expiration date, in addition to the renewal fee, there shall be a delinquent fee of $500. In addition to the renewal application fee and any delinquent fee, a payment to the Student Protection Fund, if applicable, must be made in accordance with R.S. 17:3140.11.
D. License Fee for Solicitors. The annual license fee for each solicitor/sales representative of a school shall be $100.
E. Reinstatement Licensure Fee. The reinstatement licensure fee for a suspended school shall be $500.
F. Change of Ownership Application and License Fee. All changes of ownership are contingent upon approval from the board. Applications for a new license must be requested within 10 days of the change of ownership. No license shall be transferable. The application fee is $2,000. A payment of $1,000 toward the student protection fund must be made along with the application fee.

La. Admin. Code tit. 28, § III-501

Promulgated by the Department of Education, Board of Regents, LR 33:1859 (September 2007), Amended by the Board of Regents, Proprietary Schools Section, LR 471297 (9/1/2021).
AUTHORITY NOTE: Promulgated in accordance with R.S. 17:3140.1, R.S. 17:3140.3.