Wisconsin Administrative Code › Department of Safety and Professional Services › SPS 400 - Educational Approval › Chapter SPS 406 - Enrollment › Section SPS 406.03 - Cancellation privilege

Current through June 24, 2024
(1) A student shall have the right to cancel
				enrollment for a program not exempted by sub. (8), until midnight of the third
				business day as defined by s.
				421.301(6),
				Stats., after receipt of notice of acceptance. (s.
				440.52(7)
				(e), Stats.)
(2) A typed or printed notice of the
				cancellation privilege shall be given to the student. The notice must read as
				follows:
NOTICE OF CANCELLATION
(enter date of transaction)
You may cancel this transaction, without any penalty or
				  obligation, within three business days from the above date. (Saturdays, Sundays
				  and holidays are not business days.)
If you cancel, any property traded in, any payments made by
				  you under the contract or sale, and any negotiable instruments executed by you
				  will be returned within 10 business days following receipt by the seller of
				  your cancellation notice, and any security interest arising out of the
				  transaction will be canceled.
If you cancel, you must make available to the seller at your
				  residence, in substantially as good condition as when received, any goods
				  delivered to you under this contract or sale; or you may, if you wish, comply
				  with the instructions of the seller regarding the return shipment of the goods
				  at the seller's expense and risk.
If you do make the goods available to the seller and the
				  seller does not pick them up within 20 days of the date of your notice of
				  cancellation, you may retain or dispose of the goods without any further
				  obligation.
To cancel this transaction, mail or deliver a signed and
				  dated copy of this cancellation notice or any other written notice, or send a
				  telegram to , (name of seller) at , (address of seller's place of business) not
				  later than midnight of (date)
Note: Purchase of educational goods and services offered by a
				  school is deemed to take place when written and final acceptance is
				  communicated to the student by the school. If the representative who enrolls
				  you is authorized to grant written acceptance at the time you enroll, and does
				  so, the cancellation period ends at the time specified above. If you have not
				  been accepted in writing at the time you enroll, the cancellation period does
				  not end until midnight of the third business day after the day you receive
				  written acceptance by certified mail from the school.
I hereby cancel this transaction.
(Date) (Buyer's Signature)
(Buyer's Name - Print)
(Street Address)
(City, State, Zip Code)
(3) Except in those cases where the student
				is granted written acceptance at the time of application, the school shall send
				to each student written notice upon the acceptance of the student by the
				school.
(4) The student may cancel
				enrollment during the 3-business-day period by delivering or mailing a signed
				written notice to the school at the address set forth in the notice of
				cancellation privilege.
(5) The
				notice of cancellation privilege required by sub. (2) shall be attached to, and
				easily detachable from, the enrollment agreement.
(6) Notice of cancellation need not take any
				particular form.
(7) The school
				shall, within 10 business days after receiving notice of cancellation from the
				student, make any refund owing as a result of the cancellation and arrange for
				a termination of the student's obligation to pay any sum.
(8) This section shall not be construed to
				apply to any program for which the total cost is less than $150 and which is
				offered in less than 6 class days, provided that the program is not one of a
				sequence.