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Tuition Payment, Cancellation, and Refund Policies Registration and Tuition Learnet Academy reserves the right to change tuition and fees, make curriculum changes Fee when necessary, and make substitutions in books and supplies as required without prior notice. Any changes in tuition or fees do not affect enrolled students already in attendance. Payment Methods Learnet Academy accepts payment for tuition, books, equipment, and other fees through cash payment, Visa, MasterCard, or personal or company check. Learnet Academy will also assist students with setting up monthly payment plans. At Learnet Academy's discretion, installment payments may also be arranged. All outstanding student account balances are billed directly to the student upon completion or termination. Failure to satisfy delinquent accounts within a reasonable time will result in the account being submitted to a collection agency for processing. Federal and State Learnet Academy does not participate in federal or state financial aid programs. Grants and Loans If you have received federal student financial aid funds, you are entitled to a refund of moneys not paid from federal student financial aid program funds. If you obtain a loan to pay for an education program, you will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. If the student is eligible for a loan guaranteed by the federal or state government and the student defaults on the loan, both following may occur: 1. The federal or state government or a loan guarantee agency may take action against the student, including applying any income tax refund to which the person is entitled to reduce the balance owed on the loan. 2. The student may not be eligible for any other federal student financial aid at another institution or other government assistance until the loan is repaid. Financial Assistance Learnet Academy students utilize the following financial assistance types toward their Types tuition: 1. Workforce Investment Act (WIA): Students funded by this program are monitored r� 3 4. 5. 111 and regulated by South Bay Workforce Investment Board and its subsidiary contractors (Worksource Centers). Learnet Academy monitors, operates, and reports students' SAP in accordance with the laws and regulations of South Bay Workforce Investment Board and its subsidiary contractors. Veterans Affairs (VA): G.I. Montgomery Bill: Students funded by this program are monitored and regulated by the Department of Veterans Affairs and Bureau for Private Postsecondary Education. Learnet Academy monitors, operates, and reports students' Standard Academic Progress (SAP) in accordance with the laws and regulations by Veterans Affairs, Bureau for Private Postsecondary Education, and Accrediting Commission of Career Schools and Colleges. Private Vocational Rehabilitation: students funded by this program are monitored and regulated by Case Manager of Rehabilitation and its subsidiary insurance company. Learnet Academy monitors, operates, and reports students' SAP in accordance with the laws and regulations of Vocational Rehabilitation. Employment Training Panel (ETP) Corporation Fund / Employers: no regulatory agencies are involved, but Learnet Academy monitors and reports students' attendance and SAP to the employers. Student loans funded by private lending companies: no regulatory agencies involved, but students are required to repay the lending institution in accordance with the contracted terms and agreement, as well as stay within the boundaries of Learnet Academy's SAP. Date on December 12, 2020