Miss. Code. tit. 9, pt. 7, app 9-7-A
APPLICATION PACKET FEE
Application Packet Fee ($25)
A fee of $25 (business check or money order) must accompany each Application Packet request.
INITIAL APPLICATION FOR A CERTIFICATE OF REGISTRATION
Initial Application Fee ($2,500)
Each initial application for a Certificate of Registration must be accompanied by a check or money order in the amount of $2,500 includes five (5) new programs. Certificates of Registration are valid for two (2) years. However, fees are due annually for each previous year. If fees are not paid annually, the Certificate of Registration may be revoked or suspended.
Surety Bond (or Equivalent)
A surety bond must accompany each initial application for a Certificate of Registration.
The minimum amount of the bond required shall be based on the gross annual tuition collected by the institution during their previous year of operation or on estimated gross annual tuition for the current year, whichever is larger, and shall be as follows:
Gross Annual Tuition after Refunds | Minimum Bond |
$0 - $1,000,000 | $50,000 minimum bond required |
$1,000,001 - $3,000,000 | $100,000 minimum bond required |
$3,000,001 - $5,000,000 | $150,000 minimum bond required |
Over $5 million | $200,000 minimum bond required |
All initial applicants must provide the minimum required bond for their first year of operation in the amount of $50,000. After the first year of operations and GAT reporting, staff will assess the bond requirement as it applies to the above schedule. Alternatively, applicants may file cash, a certificate of deposit, or government bonds in lieu of the bond.
GROSS ANNUAL TUITION FEES
Gross Annual Tuition Fees
Gross Annual Tuition Fees are due annually to maintain the Certificate of Registration. Fees are due each fiscal year of July 1 through June 30 - twelve (12) calendar months.
When Gross Annual Tuition Fees are not paid at least thirty (30) days prior to due date, a Delinquent Fee must be paid in addition to all other fees due.
Gross Annual Tuition (GAT) | Fee |
If GAT is less than $50,000 | $500 |
If GAT is greater than $50,000 | $1,000 or 25/100 of 1% (.0025) of GAT whichever is greater |
Delinquent Fee ($500)
When all fees for Gross Annual Tuition are not paid at least thirty (30) days prior to the due date, a Delinquent Fee must be paid in addition to all other fees due.
The Delinquent Fee is $500. Fees will increase by $500 for every 30 days that fees are not paid for a maximum for $3000. Failure to pay the assessed Delinquent Fee may lead to the suspension or revocation of the institution's Certificate of Registration.
APPLICATION FOR RENEWAL OF A CERTIFICATE OF REGISTRATION
Renewal Application Fee ($1,000)
Each application for renewal of a Certificate of Registration must be accompanied by a check or money order in the amount of $1,000. Certificates of Registration are valid for two (2) years. However, gross annual tuition fees are due annually for each previous fiscal year (July 1 through June 30).
If fees are not paid annually, the Certificate of Registration may be revoked or suspended.
Surety Bond (or Equivalent)
A surety bond must accompany each renewal application for a Certificate of Registration.
The minimum amount of the bond required shall be based on the gross annual tuition collected by the institution during their previous year of operation or on estimated gross annual tuition for the current year, whichever is larger, and shall be as follows:
Gross Annual Tuition after Refunds | Minimum Bond |
$0 - $1,000,000 | $50,000 minimum bond required |
$1,000,001 - $3,000,000 | $100,000 minimum bond required |
$3,000,001 - $5,000,000 | $150,000 minimum bond required |
Over $5 million | $200,000 minimum bond required |
Alternatively, applicants may file cash, a certificate of deposit, or government bonds in lieu of the bond.
Voluntary Suspension ($250)
Renewed only twice and reviewed on an annual basis.
Delinquent Fee ($500)
When all fees for renewal of a Certificate of Registration are not paid at least thirty (30) days prior to expiration of an institution's current Certificate of Registration, a Delinquent Fee must be paid in addition to all other fees due.
The Delinquent Fee is $500. Fees will increase by $500 for every 30 days that fees are not paid for a maximum for $3000. Failure to pay the assessed Delinquent Fee may lead to the suspension or revocation of the institution's Certificate of Registration.
REINSTATEMENT OF REGISTRATION
Reinstatement Fee ($1,000)
The fee for reinstatement of registration of a suspended institution is $1,000.
APPLICATION TO REGISTER AN ANNEX OF AN APPROVED INSTITUTION
Annex Registration Application Fee ($250)
A fee of $250 must accompany each application to register a new annex of an approved institution unless the annex approval request is included in the institution's application to renew their Certificate of Registration.
APPLICATION FOR APPROVAL TO OFFER A NEW COURSE WITHIN AN APPROVED PROGRAM OF STUDY
New Course Fee ($250)
A fee of $250 must accompany each application for approval to offer a new course within an approved course of study unless the approval request is included in the institution's application to renew their Certificate of Registration.
APPLICATION FOR APPROVAL TO OFFER A NEW PROGRAM OF STUDY
New Program/Change to Program Fee ($250)
A fee of $250 must accompany each application for approval to offer a new program of study unless the new program or program modification approval request is included in the institution's application to renew their Certificate of Registration. Fee includes one new course only.
APPLICATION FOR AN INITIAL AGENT PERMIT
Initial Application Fee ($500)
Each initial application for an Agent Permit must be accompanied by a check or money order in the amount of $500. Agent Permits are valid for one (1) year. All registered institutions must have at least one active agent licensed during operation.
Surety Bond (or Equivalent)
A surety bond in the penal sum of $10,000 must accompany each application for an initial Agent Permit. Alternatively, applicants may file cash, a certificate of deposit, or government bonds in the amount of $10,000 in lieu of the bond.
APPLICATION FOR RENEWAL OF AN AGENT PERMIT
Renewal Application Fee ($250)
Each application for renewal of an Agent Permit must be accompanied by a check or money order in the amount of $250. Agent Permits are valid for one (1) year.
Surety Bond (or Equivalent)
A surety bond in the penal sum of $10,000 must accompany each application for renewal of an Agent Permit unless a continuous bond in the penal sum of $10,000 has been furnished. Alternatively, applicants may file cash, a certificate of deposit, or government bonds in the amount of $10,000 in lieu of the bond.
OTHER FEES
Other Fees ($250)
A fee of $250 must accompany each change of address, change of ownership, program modification, or name change request.
Exemption Fee
A fee of $100 must accompany each application for determination of exemption from registration with the commission.
SPECIAL SITE VISIT FEE
Special Site Visit Fee ($500 plus actual visiting team expenses)
A fee of $500 will be assessed to an institution for special site visits such as accreditation visits, hearings for complaints, audits (other than regularly scheduled) and investigations.
In addition to the Special Site Visit Fee, fees will be assessed to an institution to cover the actual expenses of the visiting team including travel, meals, and lodging.
REPLACEMENT FEES
Replacement Fees ($5)
A replacement fee for a duplicate Certificate of Registration or a duplicate Agent Permit is $5.
Miss. Code. tit. 9, pt. 7, app 9-7-A