Mississippi Administrative Code › Title 9 - Education- Mississippi Community College Board › Part 7 - Regulations for State Oversight of Proprietary Institutions Operating or Recruiting in Mississippi › Section 9-7-3 - REGULATIONS AND PROCEDURES FOR REGISTRATION OF PROPRIETARY SCHOOLS AND COLLEGES › Section 9-7-3-3.7 - MANDATORY REFUND POLICY

Current through June 25, 2024
Each institution is required to take and keep a record
				  of student attendance for each individual course meeting.
When refunds are due, they shall be made within thirty (30)
				  days of the last day of attendance if the student has provided the institution
				  with written notification of withdrawal. All refunds shall be made without
				  requiring a request from the student within thirty (30) days from the date that
				  the institution terminates the student or determines withdrawal by the student
				  based on the last day of attendance. In any event, all refunds shall be made
				  within sixty (60) days of the student's last day of attendance. Any unused
				  portion of fees and other institutional charges shall be refunded as
				  follows:
3.7.1
Refunds for
				Classes Cancelled by the Institution
If tuition and fees are collected in advance of the starting
				  date of a program, and the institution cancels the class, one hundred percent
				  (100%) of the tuition and fees collected shall be refunded. The refund shall be
				  made within thirty (30) days of the planned starting date.
3.7.2
Refunds for Students Who Withdraw
				on or Before First Day of Class
If tuition-processing fees are collected in advance of the
				  starting date of classes and the student does not begin classes or withdraws on
				  the first day of classes, no more than One Hundred Dollars ($100.00) of the
				  tuition and processing fees may be retained by the institution. The refund
				  shall be made within thirty (30) days of the class starting date.
3.7.3
Refunds for Students
				Who Enrolled Prior to Institution Visit
Students who have not visited the institution prior to
				  enrollment will have the opportunity to withdraw without penalties within three
				  (3) days following a documented attendance at a regularly scheduled orientation
				  or a documented tour of the facilities and inspection of the equipment.
				  Institutions are required to keep records of students' initial visits and
				  orientation sessions.
3.7.4
Refunds for Students Who Withdraw After Instruction Begins Contractual
				obligations beyond twelve (12) months are prohibited
. The refund policy
				for students attending proprietary institutions who incur financial obligations
				for a period of twelve (12) months or less shall be as follows:
A. After the first day of classes and during
				the first ten percent (10%) of the period of financial obligation, the
				institution shall refund at least ninety percent (90%) of the
				tuition;
B. After the first ten
				percent (10%) of the period of financial obligation and until the end of the
				first twenty-five percent (25%) of the period of obligation, the institution
				shall refund at least fifty percent (50%) of the tuition;
C. After the first twenty-five percent (25%)
				of the period of financial obligation and until the end of the first fifty
				percent (50%) of the period of obligation, the institution shall refund at
				least twenty-five percent (25%) of the tuition; and
D. After the first fifty percent (50%) of the
				period of financial obligation, the institution may retain one hundred percent
				(100%) of the tuition.