Section Pos 1113.01 - Initial/Renewal License Fees(a) The director shall develop the required licensing fees based upon the administrative costs of this oversight function and the impact upon the schools being licensed. The director shall review and adjust these fees on an annual basis to maintain revenue/cost parity of a maximum of 120%.(b) Excess fees shall be transferred to the student tuition guaranty fund.(c) The licensing fee shall be based on a percentage of gross tuition, but shall not exceed 1/2 of 1% of the annual gross tuition.(d) "Gross tuition" is defined per Pos 1112.02(f).(e) Initial license fee shall be the fee set by the director, but shall not be less than 200 dollars. The initial license shall be for a one-year period.(f) Renewal license fee shall be the fee set by the director, but shall not be less than 200 dollars for a one-year period, or 300 dollars for a 2-year period. The director shall determine the renewal period, which shall not be greater than 2 years. Renewal dates shall be based on the anniversary date of the initial license.(g) License fees shall be per branch per school per year.(h) Each school applying or renewing their license shall pay the licensing fee required with their application submittal.N.H. Admin. Code § Pos 1113.01