Transcript/Diploma/Certificate Financial Hold Exemption Policy
Date Adopted: July 2024
A. Purpose
This policy is in response to Colorado HB22-1049,
B. Scope
This policy applies to all current and former students, as defined in C.R.S, 23-1 -1 1 3.5., who have an outstanding debt for tuition
owed to the school and request a transcript, diploma, or certificate. This policy also describes when a student may be subject to a
registration hold .
C. Policy
Students not accepted to the school are entitled to all moneys paid. Students who cancel this contract by notifying the school within three {3} business days are entitled to a full refund of all tuition and fees paid per semester. Students who withdraw after three (3) business days but before
the commencement of classes are entitled to a full refund of all tuition and fees paid except the maximum cancellation charge of $250.00 or 25% of the contract price, whichever is less in the case of students withdrawing after commencement of classes, the school will retain the cancellation charge plus a percentage of tuition and fees, which is based on the percentage of contact hours attended in the Program/Stand Alone Course, as described in the table below. The refund is based on the official date of termination or withdrawal.
Within first 10% |
90% less cancellation charge |
Within first 25% After 25% but within first 50% |
75% less cancellation charge 50% less cancellation charge |
After 50% but within first 75% |
25% less cancellation charge |
After 75% if paid in full, cancellation charge is not applicable. |
NO Refund |
1. The student may cancel this contract at any time prior to midnight of the third business day after signing this contract.
2. All refunds will be made within 30 days from the date of termination. The official date of termination or withdrawal of a student shall be determined in the following manner:
a. The date on which the school receives notice of the student's intention to discontinue the training program; or
b. The date on which the student violates published school policy, which provides for termination.
c. 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.
3. The student will receive a full refund of tuition & fees paid if the school discontinues a course/ program within a period a student could have reasonably completed it, except that this provision shall not apply in the event the school ceases operation.
4. The policy for granting credit for previous training shall not impact the refund policy.