California Code of Regulations › Title 5 - Education › Division 7.5 - Private Postsecondary Education › Chapter 6 - Student Tuition Recovery Fund › Article 3 - Payments from the Fund › Section 76215 - Student Tuition Recovery Fund Disclosures

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) A qualifying institution shall include
				  the following statement on both its enrollment agreement and school catalog:
"The State of California established the Student Tuition
					 Recovery Fund (STRF) to relieve or mitigate economic loss suffered by a student
					 in an educational program at a qualifying institution, who is or was a
					 California resident while enrolled, or was enrolled in a residency program, if
					 the student enrolled in the institution, prepaid tuition, and suffered an
					 economic loss. Unless relieved of the obligation to do so, you must pay the
					 state-imposed assessment for the STRF, or it must be paid on your behalf, if
					 you are a student in an educational program, who is a California resident, or
					 are enrolled in a residency program, and prepay all or part of your
					 tuition.
You are not eligible for protection from the STRF and you
					 are not required to pay the STRF assessment, if you are not a California
					 resident, or are not enrolled in a residency program."
(b) In addition to the statement required
				  under subdivision (a) of this section, a qualifying institution shall include
				  the following statement in its school catalog:
"It is important that you keep copies of your enrollment
					 agreement, financial aid documents, receipts, or any other information that
					 documents the amount paid to the school. Questions regarding the STRF may be
					 directed to the Bureau for Private Postsecondary Education, 1747 North Market
					 Blvd., Suite 225, Sacramento, California, 95834, (916) 574-8900 or (888)
					 370-7589.
To be eligible for STRF, you must be a California resident
					 or enrolled in a residency program, prepaid tuition, paid or deemed to have
					 paid the STRF assessment, and suffered an economic loss as a result of any of
					 the following:
1. The institution, a
				  location of the institution, or an educational program offered by the
				  institution was closed or discontinued, and you did not choose to participate
				  in a teach-out plan approved by the Bureau or did not complete a chosen
				  teach-out plan approved by the Bureau.
2. You were enrolled at an institution or a
				  location of the institution within the 120 day period before the closure of the
				  institution or location of the institution, or were enrolled in an educational
				  program within the 120 day period before the program was
				  discontinued.
3. You were enrolled
				  at an institution or a location of the institution more than 120 days before
				  the closure of the institution or location of the institution, in an
				  educational program offered by the institution as to which the Bureau
				  determined there was a significant decline in the quality or value of the
				  program more than 120 days before closure.
4. The institution has been ordered to pay a
				  refund by the Bureau but has failed to do so.
5. The institution has failed to pay or
				  reimburse loan proceeds under a federal student loan program as required by
				  law, or has failed to pay or reimburse proceeds received by the institution in
				  excess of tuition and other costs.
6. You have been awarded restitution, a
				  refund, or other monetary award by an arbitrator or court, based on a violation
				  of this chapter by an institution or representative of an institution, but have
				  been unable to collect the award from the institution.
7. You sought legal counsel that resulted in
				  the cancellation of one or more of your student loans and have an invoice for
				  services rendered and evidence of the cancellation of the student loan or
				  loans.
To qualify for STRF reimbursement, the application must be
					 received within four (4) years from the date of the action or event that made
					 the student eligible for recovery from STRF.
A student whose loan is revived by a loan holder or debt
					 collector after a period of noncollection may, at any time, file a written
					 application for recovery from STRF for the debt that would have otherwise been
					 eligible for recovery. If it has been more than four (4) years since the action
					 or event that made the student eligible, the student must have filed a written
					 application for recovery within the original four (4) year period, unless the
					 period has been extended by another act of law.
However, no claim can be paid to any student without a
					 social security number or a taxpayer identification
					 number."