Deposits or down payments become part of the tuition. The student is entitled to a refund of the tuition:
a) when cancellation is given before midnight of the fifth business day after the date of enrollment but prior to the first day of class, all application-registration fees, tuition, and any other charges shall be refunded to the student;
b) when notice of cancellation is given after midnight of the fifth business day following acceptance but prior to the close of business on the student’s first day of class attendance, the school may retain no more than the application-registration fee which may not exceed $25.00 or 50% of the cost of tuition, whichever is less;
c) when notice of cancellation is given after the student’s completion of the first day of class attendance, but prior to the student’s completion of 5% of the course of instruction, the school may retain the application-registration fee, an amount not to exceed 10% of the tuition and other instructional charges or $300.00, whichever is less, and, subject to the limitations of paragraph 12 of Section 15.1a of the PBVS 8 act, the cost of any books or materials which may have been provided by the school;
d) when the student has completed in excess of 5% of the course of instruction the school may retain the application-registration fee but shall refund a part of the tuition fee as follows:
1) the school may retain an amount computed prorate by days in class plus 10% of tuition and other instructional charges up to completion of 60% of the course of instruction. When the student has completed in excess of 60% of the course of instruction, the school may retain the application-registration fee and the entire tuition and other charges.
2) a student, who on personal solicitation enrolls, starts, and completes a course of instruction before midnight of the fifth business day after the enrollment agreement is signed, is not subject to the cancellation provisions of this section. Applicants not accepted by the school shall receive a refund of tuition and fees paid within 30 calendar days after determination of non-acceptance has been made.
MITS shall mail a written acknowledgement of a student’s cancellation or written withdrawal to the student within 15 calendar days of the postmark date of notification. Such written acknowledgement is not necessary if a refund has been mailed to the student within the 15 calendar days. All student refunds shall be made by the school within 30 calendar days from date of receipt of student’s cancellation. A student may give notice of cancellation to the school in writing. The unexplained absence of a student from a school for more than 15 days shall constitute constructive notice of cancellation to the school. For purposes of cancellation the date shall be the last day of attendance.
MITS shall refund all monies paid to it in any of the following circumstances:
a) the school did not provide the prospective student with a copy of the student’s valid enrollment agreement and a current catalog or bulletin;
b) the school cancels or discontinues the course of instruction in which the student was enrolled;
c) the school fails to conduct classes on days or times scheduled, detrimentally affecting the student.
MITS must refund book and material fees when:
a) the books and materials are returned to the school unmarked; and
b) the student has provided the school with a notice of cancellation.