J. CANCELLATION AND REFUND POLICY/STUDENTS RIGHT TO CANCEL
Rejection: An applicant rejected by the school is entitled to a refund of all monies paid.
Program Cancellation: If AK9I cancels a program after a student’s enrollment, we will refund all monies paid by the student.
Cancellation Prior to the Start of Class or No Show: If an accepted applicant cancels prior to the start of scheduled classes or never attends class (no-show), the student is due a refund of all monies paid.
Three-Day Cancellation: An applicant who provides written notice of cancellation within three (3) business days, excluding weekends and holidays, of executing the Enrollment Agreement is entitled to a refund of all monies paid.
Other Cancellations: An Applicant requesting cancellation more than three (3) days after executing the Enrollment Agreement and making an initial payment, but prior to the first day of class, is entitled to a refund of all monies paid.
Withdrawal Procedure:
- A. A student choosing to withdraw from the school after the commencement of classes is to provide a
written notice to the Administrator of the school. The notice must include the expected last date of
attendance and be signed and dated by the student.
- B. If special circumstances arise, a student may request, in writing, a leave of absence, which should
include the date the student anticipates the leave period beginning and ending. The student will confer
with the School Administrator to determine a re-convene date, if possible. If no rescheduling
arrangements can be made, the official withdrawal date will be the date the student departs for the
leave of absence.
- C. A student will be determined to be withdrawn from the school if the student misses 5 consecutive
instructional days and all the days are unexcused.
- D. All refund requests must be submitted within 45 days of the determination of the withdrawal date.
Refunds
a. Refund amounts must be based on a student’s last date of attendance (LDA). When determining the number of
weeks completed by the student, the institution may consider a partial week the same as if a whole week were
completed, provided the student was present at least one day during the scheduled week.
b. During the first week of classes, tuition charges withheld will not exceed 10 percent (10%) of the stated tuition
up to a maximum of $1,000.
c. After the first week and through fifty percent (50%) of the period of financial obligation, tuition charges
retained will not exceed a pro rata portion of tuition for the training period completed, plus an administrative fee
associated with withdrawal or termination not to exceed $100.
d. After fifty percent (50%) of the period of financial obligation is completed by the student, the institution may
retain the full tuition for that period.
e. When calculating a refund, the percentage of tuition retained by the AK9I will be based on the portion of the
program the student was attending through his or her last date of attendance when the student dropped, not the
tuition charged for the entire program listed on the enrollment agreement.
Refund Computation Example
- The student enrolled in a 13-week program, starting on January 7th, and scheduled to complete on April 4th
- There are two periods of financial obligation of 6.5 weeks each.
- The total tuition is $22,950. Tuition for each period is $11,475.
- The last date of attendance (LDA) for the student is January 22nd.
- The date of determination is January 30th.
Number of weeks student attended = 3 weeks (46.2%)
Number of weeks financially obligated = 6.5 weeks
Pro rata portion completed based on 3 weeks = 46.2%
46.2% of $11,475 tuition = $5296.15 (earned tuition)
10% of unearned tuition ($11,475-$5,296.15 = $6178.85 unearned) = $617.89
Owed to institution = $5,914.04
Student payment = $11,475
Refunded to student by March 6th = $5,560.96
Refund Due Dates
- 1. If an applicant never attends class (no-show) or cancels the contract prior to the class start date, all refunds
due must be made within forty-five (45) calendar days of the first scheduled day of class or the date of
cancellation, whichever is earlier.
- 2. For an enrolled student, the refund due will be calculated using the last date of attendance (LDA) and be paid
within forty-five (45) calendar days from the documented date of determination (DOD). The date of
determination is the date the student gives written or verbal notice of withdrawal to the institution or the date
the institution terminates the student, by applying the institution’s attendance, conduct, or Satisfactory Academic
Progress policy. If a student provides advanced notice of withdrawal such that the 45-day window for the last date
of attendance, the refund will be paid within forty-five (45) calendar days from the last date of attendance