cata espa revision 06252010 [todo] - Instituto de Banca y Comercio

A student’s withdrawal date is the date in which the student begins the withdrawal process, according towhat is established by the Institution; or when a student notifies, verbally or in writing, his/her intentionto stop attending class. If a student ceases to attend without providing the official notification to theInsitution, then the withdrawal date is the last date when the student attended class. Students thatofficially enroll in Instituto de Banca y Comercio and later withdraw completely will have the followingrefund terms or credits apply to their account.Students who withdraw from 48-week courses:a. When the student withdraws, the policy will consider the total cost of the program.b. The adjustment will reflect on the account as a credit for the difference between the total tuitioncost and the amount paid to the Institution. Adjustments are made based on the amount of daysthat have elapsed during the payment period.c. The seat reservation fee is non-refundable. The enrollment fee is refundable if the studentprocesses an official withdrawal during the first week of school.d. During the first week of school, students will be eligible for a 100% refund or credit to theiraccount, except for $100.00 of the enrollment cost.e. During weeks two and four, they will receive a 90% refund.f. During weeks five and nine, they will receive an 80% refund.g. During weeks ten and fourteen, they will receive a 70% refund.h. During weeks fifteen and nineteen, they will receive a 60% refund.i. During weeks twenty and twenty-four, they will receive a 50% refund.j. During weeks twenty-five and twenty-eight, they will receive a 40% refund.k. After the twenty-eighth week and up to the end of the course, they will not be eligible for arefund or credit to their account.Students who withdraw from a 32-week course:a. When a student withdraws, the policy will consider the total tuition cost of the program.b. The adjustment will be reflected in the account as a credit for the difference between the totaltuition cost and the amount paid to the Insitution. Adjustments are made based on the amount ofdays that have elapsed during the payment period.c. The seat reservation fee is non-refundable. Tuition costs are refundable if the student processes awithdrawal.d. During the first week of school, students will be eligible for a 100% refund or credit to theiraccount, except for $100.00 of the enrollment cost.e. During weeks two and three, they will receive a 90% refund.f. During weeks four and six, they will receive an 80% refund.g. During weeks seven and ten, they will receive a 70% refund.h. During weeks eleven and thirteen, they will receive a 60% refund.i. During weeks fourteen and sixteen, they will receive a 50% refund.- 45 -