8 Colo. Code Regs. § 1504-1-VIII

Current through Register Vol. 48, No. 1, January 10, 2025

Section 8 CCR 1504-1-VIII - REFUND POLICY

A. The official date of termination or withdrawal of a student shall be determined in the following manner:

1. The date on which the school is noticed to be the student's last date of actual attendance.

2. The date on which the student violates published school policy which provides for termination.

3. Should a student fail to return from an excused leave of absence, the effective date of termination for a student on an extended leave of absence or a leave of absence is the earlier of the date the school determines the student is not returning or the day following the expected return date.

B. Refunds must be calculated from the official date of termination or withdrawal and calculated on the period of time designated on the current agreement executed with the student and must be made within thirty (30) days from the official date of termination.

C. Application/registration fees may be collected in advance of a student signing an enrollment contract; however, all monies paid by the student will be refunded if the student does not sign an enrollment contract and does not enter school.

D. No student shall be continued on an inactive basis in violation of school policy without written consent of the student. Inactive students must be terminated within 30 days of the next available start date and refunded appropriate prepaid tuition and fees at that time.

E. Refunds, including bond claim refunds, will be made to sponsoring agencies or individuals rather than to students.

F. In the event of a school ceasing operation, the student shall be entitled to 100 percent of the prepaid, unearned tuition and fees at the time of closure unless a teach-out is available and accepted by the student.

8 CCR 1504-1-VIII

40 CR 01, January 10, 2017, effective 1/31/2017

41 CR 10, May 25, 2018, effective 6/14/2018

44 CR 05, March 10, 2021, effective 4/1/2021

45 CR 04, February 25, 2022, effective 4/1/2022

46 CR 04, February 25, 2023, effective 4/1/2023

47 CR 04, February 25, 2024, effective 4/1/2024