California law requires that, upon enrollment, a fee be assessed to the cost of tuition (educational Code Section 94343). These fees support the Student Recovery Fund (STRF), a special fund established by the California Legislature to reimburse students who might other wise experience a financial loss as a result of school closure, the institution s breach or anticipatory breach of the agreement for the course of instruction, or a decline in the quality of the courser of instruction with a 30 day period before the instruction closure. The fund protects only California students. Institutional participation is mandatory.
It is important that enrollees keep a copy of any enrollment agreement, contract, or application to document the total amount of tuition paid. Such records will substantiate a claim for reimbursement from the STRF, which, to be considered, must be filed within one year of the Bureau s service on the students of their rights under the STRF, or if no notice of rights are served to the students, within four years of the institutions closure. For further information or instruction contact:
The Bureau For Private Postsecondary
and Vocational Education
Effective January 1, 2002, AB 201 amends various statutes relating to the Student Tuition Recovery Fund (STRF) programs, including, but not limited to the following:
Excludes from assessment each institution that receives all of its student's total charges from third party payer. A third party payer+means an employer, government program, or other payer that pays a student s total charges directly to the institution when no separate agreement for the repayment of that payment exists between the third-party and the student. (New Education Code §94545(a)):
There is one major change
to be aware of before January 1, 2002: the new method
If you have any questions on these January 1, 2002 changes to the Student Recovery Fund assessments, call the STRF Unit at (916) 445-3428, extension 3027.