Colorado Real Estate License Prep Course

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. Students who withdraw after three (3) business days, but before commencement of classes, are entitled to a full refund of all tuition and fees paid except the maximum cancellation charge of $150.00 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 (if training is offered as distance education: “based on the percentage of number of lessons completed”)* in the Program/Stand Alone Course, as described in the table below. The refund is based on the official date of termination or withdrawal.

Refund Table

Student is entitled to upon withdrawal/termination

Refund

• Within first 10% of program (Lessons 1) 90% less cancellation charge
• After 10% but within first 25% of program (Lessons 2) 75% less cancellation charge
• After 25% but within first 50% of program (Lessons 3) 50% less cancellation charge
• After 50% but within first 75% of program (Lessons 4) 25% less cancellation charge
• After 75% (Lesson5) [if paid in full, cancellation charge is not applicable] NO Refund

Note to School: References to “Lessons” in this Sample are examples of “required statements” to use in your Refund Policy when the program(s) and/or stand alone course(s) are offered via DISTANCE EDUCATION. The school must determine the Number of Lessons applicable for the percentage breakdowns for each distance ed program and/or course offered. The student may cancel this contract at any time prior to midnight of the third business day after signing this contract. 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: The date on which the school receives notice of the student’s intention to discontinue the training program; or The date on which the student violates published school policy, which provides for termination. 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. The student will receive a full refund of tuition & fees paid if the school discontinues a course/ program within a period of time a student could have reasonably completed it, except that this provision shall not apply in the event the school ceases operation. The policy for granting credit for previous training shall not impact the refund policy. There is no refund for books or materials.

In any event where a customer wants to cancel their enrollment and is eligible for a full refund, a 5% processing fee will be deducted from the refund amount.