Section 13-34-109 - Required disclosures(1) Before a postsecondary school may enroll or accept payment from a student, the postsecondary school shall clearly and conspicuously disclose in writing to the student:(a) the postsecondary school's name, address, and location;(b) the requirements or qualifications a student is required to satisfy to enroll in the postsecondary school;(c) a complete description of the services for which the student will pay, including: (i) facilities, faculty, resources, or equipment that the student may use in connection with the services, or to access the services;(ii) the duration of services provided; and(iii) completion or graduation requirements;(d) information regarding how the postsecondary school's services relate to state licensing requirements if the services are intended to prepare a student for licensure;(e) tuition, fees, and any other charge or expense to be paid by the student;(f) a financial assistance policy, if any;(g) the complete terms of any financing agreement, including an income sharing or other agreement, offered to the student;(h) the postsecondary school's cancellation and tuition refund policy that shall include, at a minimum:(i) a three-business-day cooling off period during which a person may rescind the enrollment agreement and receive a refund of all money paid, less a reasonable application fee, that may not end before midnight on the third business day after the latest of: (A) the day on which the person signs the enrollment agreement;(B) the day on which the person pays the postsecondary school for services, other than an application fee;(C) the day on which the person first attends the postsecondary school; or(D) the day on which the person first gains access to the postsecondary school's services; and(ii) a written description of the postsecondary school's refund policy following the cooling period described in Subsection (8)(a);(i)(i) whether the postsecondary school is accredited by an accrediting agency; and(ii) whether the program in which a student intends to enroll is accredited by an accrediting agency, if applicable;(j) the existence and amount of the postsecondary school's surety bond, certificate of deposit, or irrevocable letter of credit;(k) information regarding how to file a complaint against the postsecondary school with the division, the postsecondary school's accrediting agency, and the postsecondary school's approval or licensing entity; and(l) student outcomes specified in rules made by the division under Section 13-34-103.(2) A postsecondary school may comply with Subsection (1)(k) by placing a conspicuous link on the postsecondary school's website that connects to: (a) the contact information for each entity described in Subsection (1)(k) with which a person may file a complaint; or(b) a third party's website that states the contact information for each entity described in Subsection (1)(k) with which a person may file a complaint.Amended by Chapter 458, 2023 General Session ,§ 10, eff. 1/1/2024.Enacted by Chapter 222, 2002 General Session.