BUYERS RIGHT TO CANCEL
1. A student has the right to cancel his or her agreement for a course of instruction, without any
penalty or obligations, until midnight of the fifth business day of which he or she attended his
or her first class. Business day means a day on which the student is scheduled to attend a
class session. After the end of the cancellation period, you also have the right to stop
school at any time; and you have the right to receive a refund for the part of the course not
taken.
2. Cancellation may occur when the student provides a written notice of cancellation at the
following address: Gurnick Academy of Medical Arts, 2121 South El Camino Real, Building
C200, San Mateo CA 94403. This can be done by mail or by hand delivery.
3. The written notice of cancellation, if sent by mail, is effective when deposited in the mail
properly addressed with proper postage.
4. The written notice of cancellation need not take any particular form and, however expressed,
it is effective if it shows that the student no longer wishes to be bound by the Enrollment
Agreement. Each student will be given two Notice of Cancellation forms to use upon
enrollment, but any written notice may be used.
5. If the Enrollment Agreement is cancelled by midnight of the fifth business day on which the
student attended his/her first class (business day is a day on which a student is scheduled to
attend a class session), the school will refund the student any money he/she paid and less
any deduction for equipment not returned in good condition within 30 days after the notice of
cancellation is received. REMEMBER THAT YOU MUST CANCEL IN WRITING. You do
not have the right to cancel by telephoning the school or by not coming to class.
WITHDRAWING FROM A PROGRAM AFTER THE FIFTH (5TH) DAY OF CLASS
You may withdraw from the school at any time after midnight of the fifth business day your first
class has met and receive a pro-rated refund. If a student withdraws after five (5) business days
following the first day of class, the student is entitled to only a partial refund. The student has the
right to withdraw from school at any time and receive a refund for that part of the program not taken
for which the student has paid. The amount of that refund is to be “pro-rated” according to the not
completed portion of the program less the cost of any equipment returned in good condition (good
condition does not include equipment that: seal is broken, log-on occurred, or is marked or
damaged in any way) and a registration or administration fee not to exceed $75.00. The refund is
to be paid within thirty (30) days of withdrawal; a notice of refund will also be sent to the student
within 10 days of the day on which a refund is made.
For the purpose of determining a refund under this section, a student shall be deemed to have
withdrawn from a program of instruction when any of the following occurs:
- The student notifies the institution of the student’s withdrawal or of the date of the student’s
withdrawal, whichever is later.
- The institution terminates the student’s enrollment as provided in the agreement.
- The student has failed to attend class for a three-week period.
- Fail to return from a leave of absence.
For the purpose of determining the amount of the refund, the date of the student’s withdrawal shall
be deemed the last date of recorded attendance. For the purpose of determining when the refund
must be paid, the student shall be deemed to have withdrawn at the end of the three-week period.
HYPOTHETICAL REFUND EXAMPLE
The following table outlines the refund due based on percentage of training completed, assuming
you paid the following:
| Total Contract: |
$2,475.00 |
% Complete |
Refund Due |
| Less Fee for Registration: |
$75.00 |
10% |
$2,070.00 |
| Less Supplies: |
$100 |
25% |
$1,725.00 |
| Tuition Fee: |
$2,300.00 |
50% |
$1,150.00 |
| |
|
60% |
$920.00 |
| |
|
75% |
$575.00 |
For programs beyond the current “payment period,” if you withdraw prior to the next payment
period, all charges collected for the next period will be refunded.
If any portion of the tuition was paid from the proceeds of a loan or third party, the refund shall be
sent to the lender, third party or, if appropriate, to the state or federal agency that guaranteed or
reinsured the loan. Any amount of the refund in excess of the unpaid balance of the loan shall be
first used to repay any student financial aid programs from which the student received benefits, in
proportion to the amount of the benefits received, and any remaining amount shall be paid to the
student. |