Mississippi Administrative Code › Title 9 - Education- Mississippi Community College Board › Part 7 - Regulations for State Oversight of Proprietary Institutions Operating or Recruiting in Mississippi › Appendix 9-7-A

Current through June 25, 2024
APPLICATION PACKET FEE
Application Packet Fee ($25)
A fee of $25 (business check or money order) must accompany
				each Application Packet request.
INITIAL APPLICATION FOR A CERTIFICATE OF REGISTRATION
Initial Application Fee ($2,500)
Each initial application for a Certificate of Registration must
				be accompanied by a check or money order in the amount of $2,500 includes five
				(5) new programs. Certificates of Registration are valid for two (2) years.
				However, fees are due annually for each previous year. If fees are not paid
				annually, the Certificate of Registration may be revoked or suspended.
Surety Bond (or Equivalent)
A surety bond must accompany each initial application for a
				Certificate of Registration.
The minimum amount of the bond required shall be based on the
				gross annual tuition collected by the institution during their previous year of
				operation or on estimated gross annual tuition for the current year, whichever
				is larger, and shall be as follows:
Gross Annual Tuition after
							 Refunds
Minimum Bond
$0 - $1,000,000
$50,000 minimum bond required
$1,000,001 - $3,000,000
$100,000 minimum bond required
$3,000,001 - $5,000,000
$150,000 minimum bond required
Over $5 million
$200,000 minimum bond required
All initial applicants must provide the minimum required bond
				for their first year of operation in the amount of $50,000. After the first
				year of operations and GAT reporting, staff will assess the bond requirement as
				it applies to the above schedule. Alternatively, applicants may file cash, a
				certificate of deposit, or government bonds in lieu of the bond.
GROSS ANNUAL TUITION FEES
Gross Annual Tuition Fees
Gross Annual Tuition Fees are due annually to maintain the
				Certificate of Registration. Fees are due each fiscal year of July 1 through
				June 30 - twelve (12) calendar months.
When Gross Annual Tuition Fees are not paid at least thirty
				(30) days prior to due date, a Delinquent Fee must be paid in addition to all
				other fees due.
Gross Annual Tuition (GAT)
Fee
If GAT is less than $50,000
$500
If GAT is greater than $50,000
$1,000 or 25/100 of 1% (.0025) of GAT whichever is
							 greater
Delinquent Fee ($500)
When all fees for Gross Annual Tuition are not paid at least
				thirty (30) days prior to the due date, a Delinquent Fee must be paid in
				addition to all other fees due.
The Delinquent Fee is $500. Fees will increase by $500 for
				every 30 days that fees are not paid for a maximum for $3000. Failure to pay
				the assessed Delinquent Fee may lead to the suspension or revocation of the
				institution's Certificate of Registration.
APPLICATION FOR RENEWAL OF A CERTIFICATE OF REGISTRATION
Renewal Application Fee ($1,000)
Each application for renewal of a Certificate of Registration
				must be accompanied by a check or money order in the amount of $1,000.
				Certificates of Registration are valid for two (2) years. However, gross annual
				tuition fees are due annually for each previous fiscal year (July 1 through
				June 30).
If fees are not paid annually, the Certificate of Registration
				may be revoked or suspended.
Surety Bond (or Equivalent)
A surety bond must accompany each renewal application for a
				Certificate of Registration.
The minimum amount of the bond required shall be based on the
				gross annual tuition collected by the institution during their previous year of
				operation or on estimated gross annual tuition for the current year, whichever
				is larger, and shall be as follows:
Gross Annual Tuition after
							 Refunds
Minimum Bond
$0 - $1,000,000
$50,000 minimum bond required
$1,000,001 - $3,000,000
$100,000 minimum bond required
$3,000,001 - $5,000,000
$150,000 minimum bond required
Over $5 million
$200,000 minimum bond required
Alternatively, applicants may file cash, a certificate of
				deposit, or government bonds in lieu of the bond.
Voluntary Suspension ($250)
Renewed only twice and reviewed on an annual basis.
Delinquent Fee ($500)
When all fees for renewal of a Certificate of Registration are
				not paid at least thirty (30) days prior to expiration of an institution's
				current Certificate of Registration, a Delinquent Fee must be paid in addition
				to all other fees due.
The Delinquent Fee is $500. Fees will increase by $500 for
				every 30 days that fees are not paid for a maximum for $3000. Failure to pay
				the assessed Delinquent Fee may lead to the suspension or revocation of the
				institution's Certificate of Registration.
REINSTATEMENT OF REGISTRATION
Reinstatement Fee ($1,000)
The fee for reinstatement of registration of a suspended
				institution is $1,000.
APPLICATION TO REGISTER AN ANNEX OF AN APPROVED
				INSTITUTION
Annex Registration Application Fee ($250)
A fee of $250 must accompany each application to register a new
				annex of an approved institution unless the annex approval request is included
				in the institution's application to renew their Certificate of
				Registration.
APPLICATION FOR APPROVAL TO OFFER A NEW COURSE WITHIN AN
				APPROVED PROGRAM OF STUDY
New Course Fee ($250)
A fee of $250 must accompany each application for approval to
				offer a new course within an approved course of study unless the approval
				request is included in the institution's application to renew their Certificate
				of Registration.
APPLICATION FOR APPROVAL TO OFFER A NEW PROGRAM OF STUDY
New Program/Change to Program Fee ($250)
A fee of $250 must accompany each application for approval to
				offer a new program of study unless the new program or program modification
				approval request is included in the institution's application to renew their
				Certificate of Registration. Fee includes one new course only.
APPLICATION FOR AN INITIAL AGENT PERMIT
Initial Application Fee ($500)
Each initial application for an Agent Permit must be
				accompanied by a check or money order in the amount of $500. Agent Permits are
				valid for one (1) year. All registered institutions must have at least one
				active agent licensed during operation.
Surety Bond (or Equivalent)
A surety bond in the penal sum of $10,000 must accompany each
				application for an initial Agent Permit. Alternatively, applicants may file
				cash, a certificate of deposit, or government bonds in the amount of $10,000 in
				lieu of the bond.
APPLICATION FOR RENEWAL OF AN AGENT PERMIT
Renewal Application Fee ($250)
Each application for renewal of an Agent Permit must be
				accompanied by a check or money order in the amount of $250. Agent Permits are
				valid for one (1) year.
Surety Bond (or Equivalent)
A surety bond in the penal sum of $10,000 must accompany each
				application for renewal of an Agent Permit unless a continuous bond in the
				penal sum of $10,000 has been furnished. Alternatively, applicants may file
				cash, a certificate of deposit, or government bonds in the amount of $10,000 in
				lieu of the bond.
OTHER FEES
Other Fees ($250)
A fee of $250 must accompany each change of address, change of
				ownership, program modification, or name change request.
Exemption Fee
A fee of $100 must accompany each application for determination
				of exemption from registration with the commission.
SPECIAL SITE VISIT FEE
Special Site Visit Fee ($500 plus actual visiting team
				expenses)
A fee of $500 will be assessed to an institution for special
				site visits such as accreditation visits, hearings for complaints, audits
				(other than regularly scheduled) and investigations.
In addition to the Special Site Visit Fee, fees will be
				assessed to an institution to cover the actual expenses of the visiting team
				including travel, meals, and lodging.
REPLACEMENT FEES
Replacement Fees ($5)
A replacement fee for a duplicate Certificate of Registration
				or a duplicate Agent Permit is $5.