The institution shall state its policy and schedule of refund in clear language that can be easily understood. The policy shall apply to all terminations for any reason, by either party including student decision, course cancellation and school closure. Accredited schools shall adhere to the refund policy of their accrediting institution. All other schools shall adhere to the following refund requirements.
Percentage length completed to total length of program, semester, term or billing period, per enrollment agreement. | Amount of total tuition owed to the school. |
0.01 % to 4.9 % | 20% |
5% to 9.9 % | 30% |
10% to 14.9 % | 40% |
15% to 24.9 % | 45% |
25% to 49.9 % | 70% |
50% and over | 100% |
Ohio Admin. Code 4713-3-11
Promulgated Under: 119.03
Statutory Authority: 4713.08 (A)(13)
Rule Amplifies: 4713.44, 4713.45
Prior Effective Dates: 05/01/2003, 02/28/2014, 08/26/2016
Promulgated Under: 119.03
Statutory Authority: 4713.08(A)(13)
Rule Amplifies: 4713.44, 4713.45
Prior Effective Dates: 05/01/2003, 02/28/2014, 08/26/2016