(a) A school shall disclose to potential students all tuition, fees, and other charges, and state such information in the school's application for a certificate of approval. The school may not use an estimated tuition amount, nor may the school increase the student's tuition if the student remains continuously enrolled and completes the training as approved at the time of admission. If the school charges to repeat courses, the amount of the charges must be disclosed to the student.
(b) A school shall make available for review by the Agency upon request:
  (1) a description of the methods of payment that are available to enrolling students;
  (2) the names and addresses of lending institutions used by the school for student tuition loans; and
  (3) the true annual percentage rate and any other fees or charges associated with student tuition loans.
(c) A school shall refund or forfeit any tuition, fees, or other charges not previously disclosed to the Agency.
(d) A school may offer scholarships providing the terms of scholarships are disclosed to the Agency.
(e) The school shall maintain, in a permanent format that is acceptable and readily accessible to the Agency, a record of any funds received from, or on behalf of, the student. A school shall clearly identify the payor, the type of funding, and the reason for the charges. These records shall be posted and kept current.
(f) A school shall issue written receipts of any charges or payments to the student and maintain such records for review upon request by the Agency. Each separately charged item shall be clearly itemized on a student-signed receipt.

Source Note: The provisions of this §807.196 adopted to be effective August 28, 2006, 31 TexReg 6803; amended to be effective November 28, 2022, 47 TexReg 7914