Current through 2024 Legislative Session
Section 15-20.4-06 - Refund of tuition fees1. Postsecondary career schools shall refund tuition and other charges, other than a reasonable application fee, when written notice of cancellation is given by the student in accordance with the following schedule: a. When notice is received prior to, or within seven days after completion of the first day of instruction, or after receipt of the first correspondence lesson by the school, all tuition and other charges must be refunded to the student.b. When notice is received prior to, or within thirty days after completion of the first day of instruction, or prior to the completion of one-fourth of the educational services, all tuition and other charges except twenty-five percent thereof must be refunded to the student.c. When notice is received upon or after completion of one-fourth of the educational services, but prior to the completion of one-half of the educational services, all tuition and other charges except fifty percent thereof must be refunded to the student.d. When notice is received upon or after the completion of fifty percent of the educational services, no tuition or other charges may be refunded to the student.2. The provisions of this section do not prejudice the right of any student to recovery in an action against any postsecondary career school for breach of contract or fraud.3. A postsecondary career school may implement a refund schedule that deviates from subsection 1 if the proposed refund schedule is more favorable to the student than the schedule described in subsection 1.Amended by S.L. 2013, ch. 137 (HB 1103),§ 9, eff. 8/1/2013.