Oklahoma Administrative Code › Title 565 - Oklahoma Board of Private Vocational Schools › Chapter 10 - Licensure and Regulation of Private Vocational Schools and Representatives › Subchapter 11 - School Operation › Section 565:10-11-3 - Refunds

Current through Vol. 41, No. 20, July 1, 2024
(a)
Termination date.
The termination date for refund computation purposes is the last date of actual attendance by the student. The school may require notice of cancellation or withdrawal to be given by certified mail provided this requirement is stated in the Enrollment Agreement. The school may require that notice be made by parent or guardian if the student is below legal age. If a penalty is charged for failure to notify the school in writing such penalty may not exceed $25.00.
(b)
Refund policy.
Details of the school's own definite and established refund policy for cancellations and terminations shall be documented in both the catalog and the enrollment agreement and shall, at a minimum, comply with the following requirements:
(1)
Rejection.
An applicant rejected by the school shall be entitled to a refund of all monies paid minus any stated application fee, not to exceed $25.00.
(2)
Three day cancellation.
All monies paid by an applicant shall be refunded if requested within three days after signing an enrollment agreement and making an initial payment.
(3)
Other cancellation.
An applicant subsequently requesting cancellation shall be entitled to a refund of all monies paid minus a registration fee of 15% of the contract price of the course, but in no event may the school retain more than $150.00.
(4)
First week.
For a student terminating training after entering school and starting the course of training but within the first week, the tuition retained by the school shall not exceed 10% of the contract price of the course plus $150.00 but in no event more than $350.00. The Board may waive this requirement upon written request by the school if it feels the request is justified.
(5)
After first week.
For a student terminating training after one week but within the first 25% of the course, the tuition retained by the school shall not exceed 25% of the contract price of the course plus $150.00.
(6)
After 25%.
For a student terminating training after completing over 25% but within 50% of the course, the tuition retained by the school shall not exceed 50% of the contract price of the course plus $150.00.
(7)
After 50%.
A student completing more than 50% of the course is not entitled to a refund of any tuition.
(8)
Special cases.
In case of student prolonged illness or accident, death in the family, or other circumstances that make it impractical to complete the course, the school shall make a settlement which is reasonable and fair to both.
(9)
Discontinued class.
If a class is discontinued by a school while students are still enrolled in that class, and the school is still offering training in other areas, all monies (student loan, grant, and etc.) paid the school for students enrolled in the class at the time it is discontinued shall be refunded to the entity legally entitled to the refund. A school shall have thirty (30 ) days to restart the class or pay the refund.