CTU does not receive federal financial aid assistance such as the Pell Grant and Stafford Student Loan programs.However, CTU provides a limited number of financial assistance awards (scholarships) on the basis of high scholastic achievement and financial needs. Scholarships are awarded on the condition that the student finishes his/her degree at CTU, Transferring to another school means forfeiture of all scholarship and the student is obligated to reimburse the school the full cost of tuition and fees. Students are urged to inquire about the availability of such awards to the university’s registrar.
CTU provides a personalized deferred payment plan for the convenience of students who are unable to pay the total amount due at registration. The standard tuition payment plan is as follows:
1. The toal amount due fora given quarter is divided equally into two payments. The first payment is due at registration, and the balance is due over the following two months.
2. Financial agreements must be honored on time, or there will be a late payment charge of $35 if payment commitments are missed.
3. All accounts must be current before a student can register for the following quarter.
In order to ensure that students are fully informed on their rights and procedures for recovering tuition refunds, a copy of the university’s cancellation/withdrawal policy is provided to each student upon registration. A “Notice of Cancellation/Withdrawal” form must be used when canceling or withdrawing from enrollment. In compliance with the applicable California Education Code, CTU’s cancellation/withdrawal and refund policy is fully disclosed on the reverse side of the enrollment agreement.
Students have the right to a full refund of all charges, other than the non-refundable fee. A student may cancel the enrollment agreement prior to attending the first class session, or on the seventh day after enrollment, whichever comes later.
In order for students to receive a tuition refund, the student must drop his/her classes through the administration office and a pro-rata refund will be remitted for the unused portion of the tuition and other refundable charges if the student reaches 60% completion or less of the period of attendance.
To be eligible for a full refund, a student should terminate enrollment before midnight of the fifth business day after the day a student first attended a given class. If all scheduled courses are canceled, students will receive a full refund.
A student may terminate enrollment at any time. Refunds of tuition and fees for any portion of the courses that are not taken (except for the non-refundable application fee), shall be made in accordance with the following pro-rata refund policy, which is in compliance with all applicable state laws and regulations: “The amount to be refunded shall be the total amount paid for the course (except the non-refundable application fee), multiplied by the number of hours remaining in the course divided by the total number of course hour.”
By law, all educational institutions authorized to operate in the State of California must participate in the Student Tuition Recovery Fund. Because of its importance, the full text of the Student Tuition Recovery Fund is reproduced as below:
California law requires that, upon enrollment, a fee be assessed in relation to the cost of tuition to all institutions authorized to operate in the State of California (Education Code Section 94343). These fees support the Student Tuition Recovery Fund (STRF), a special fund established by California Legislature to reimburse students who might otherwise experience a financial loss as a result of untimely school closure. Students may be reimbursed by STRF only for prepaid but unused money. Institutional participation is mandatory.
It is important that students keep a copy of any enrollment agreement, contract or application to document enrollment as well as tuition receipts or canceled checks to document the total amount of tuition paid; these records will show the percentage of the course which has been completed. Such records would substantiate a claim for reimbursement from the STRF, to be considered, which must be filed within sixty (60) days of the school’s closure.
For further information or instructions contact:
Bureau for Private Postsecondary Education
2535 Capitol Oaks Drive, Suite 400
Sacramento, CA 98533
Phone: (916) 431-6959