STUDENT TUITION RECOVERY FUND (STRF) POLICY
Category: Governance & Administration
Title: Student Tuition Recovery Fund (STRF) Policy
Table of Contents
CONTINUING EVALUATION AND ADJUSTMENT
This policy is necessitated for BPPE approval and renewal of out-of-state private postsecondary institution licensing.
The Administrative Director is responsible for ensuring this policy is kept up to date according to STRF changes made by BPPE.
BPPE - CA Bureau of Private Postsecondary Education
STRF - Student Tuition Recovery Fund
The National Midwifery Institute, Inc is a private institution approved by California’s Bureau of Private Postsecondary Education (BPPE). The State of California established the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic loss suffered by a student in an educational program at a qualifying institution, who is or was a California resident while enrolled, or was enrolled in a residency program, if the student enrolled in the institution, prepaid tuition, and suffered an economic loss.
Unless relieved of the obligation to do so, you must pay the state-imposed assessment for the STRF, or it must be paid on your behalf, if you are a student in an educational program, who is a California resident, or are enrolled in a residency program, and prepay all or part of your tuition.
You are not eligible for protection from the STRF and you are not required to pay the STRF assessment, if you are not a California resident, or are not enrolled in a residency program.
It is important that you keep copies of your enrollment agreement, financial aid documents, receipts, or any other information that documents the amount paid to the school. Questions regarding the STRF may be directed to the Bureau for Private Postsecondary Education, 1747 North Market Blvd., Suite 225, Sacramento, California, 95834, (916) 574-8900 or (888) 370-7589.
To be eligible for STRF, you must be a California resident or enrolled in a residency program, prepaid tuition, paid or deemed to have paid the STRF assessment, and suffered an economic loss as a result of any of the following:
To qualify for STRF reimbursement, the application must be received within four (4) years from the date of the action or event that made the student eligible for recovery from STRF.
A student whose loan is revived by a loan holder or debt collector after a period of noncollection may, at any time, file a written application for recovery from STRF for the debt that would have otherwise been eligible for recovery. If it has been more than four (4) years since the action or event that made the student eligible, the student must have filed a written application for recovery within the original four (4) year period, unless the period has been extended by another act of law.
However, no claim can be paid to any student without a social security number or a taxpayer identification number.
Current California STRF Assessment Rate:
Effective April 1, 2024, the STRF regulations were significantly updated: the assessment rate was reduced to zero dollars ($0.00) per one thousand dollars ($1,000) of institutional charges, according to the California Code of Regulations (5, CCR section 76120).
This policy is provided on the NMI Policy and Procedure Page, included in the Student Handbook, and referred to in NMI’s enrollment agreement.
Where is this policy referenced? | |
Website | Tuition and Fees Policy & Procedures Page |
Documents | Student Handbook Enrollment Agreement |
This Student Tuition Recovery Fund (STRF) will be subject to periodic review and adjustment. Continued administration of the development, implementation, and maintenance of the plan will be the responsibility of the Administrative Director.
The Administrative Director, in consultation with the Executive Director, will review the standards set forth in this policy and recommend updates and revisions as necessary.
Date | Updates since last Change |
May 30, 2024 | Policy created with new template format and updated to match BPPE changes. |
Cal. Code Regs. Tit. 5, § 76215 - Student Tuition Recovery Fund Disclosures
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