Please Read Carefully
REFUND/CREDIT AND CANCELLATION POLICY for Art of Acting Studio in Los Angeles
PROFESSIONAL CONSERVATORY, SUMMER CONSERVATORY AND INTENSIVES
The Student has the right to cancel the enrollment agreement and obtain a refund of charges paid through attendance on the first day of class, or the seventh (7th) day after enrollment, whichever is later, and obtain a full refund, minus the registration fee, by submitting a written notice to this School no later than the second day of instruction.
Cancellation occurs when the student gives written notice of cancellation to the Director, at the address of the School, shown on this agreement. The Student can also mail, hand deliver, fax or telegram the cancellation. The written notice of cancellation, if sent by mail, is effective when deposited in the mail, properly addressed with prepaid postage. Cancellation notices are to be addressed to: The Art of Acting Studio, 1017 N. Orange Drive, Los Angeles, CA 90038
Withdrawal from Course:
The Student has the right to withdraw from School at any time. If the Student withdraws from the course of instruction after the cancellation period, the School will remit a pro-rata refund for the unused portion of the tuition and other refundable charges if the student has completed up to 60% of training or less of the instruction. The amount of the refund is determined by deducting the registration fee from the total tuition charge, then dividing the remainder by the number of hours in the course to calculate the hourly charge. The refund is the amount in excess of what the student owes for total hours of instruction completed, excluding the non-refundable $250 registration fee.
Hypothetical Refund Example:
Students have a right to a full refund of all charges, less the $250 registration fee, if the student cancels the enrollment agreement on the first day of class or on the seventh day after signing this agreement. The amount retained by the school will not exceed the $250 (two hundred and fifty dollars) registration fee.
If a student withdraws from the program after instruction has begun the student will receive a pro rata refund for the unused portion of the tuition and other refundable charges if the student has completed 60% or less of the instruction. The date of withdrawal is the date of cancellation and is determined as the date the student notifies the school of the decision to cancel, or the last date of attendance, if the student fails to notify the school. The student will be charged for all hours attended. The refund calculation is as follows: the amount owed equals the daily charge for the program (total institutional charge, divided by the number of hours in the program), multiplied by the number of days the student attended, or was scheduled to attend, prior to withdrawing. For example, if the Student completes 50 hours of a 100-hour course, and paid $2,000 for tuition-in-full, the student would receive a refund of $1,000.<b>All refunds will be issued within 45 days of withdrawal from the course.
$2000 / 100 = 50% / 50 / $1000 / $1,000
Tuition / Total Hourly / Hours / Total Due / Total Due
Paid By / Hours Charge / Completed / to School / to Student
The School will refund money collected from a third party on the student’s behalf, such as WIA funds, if the school cancels or discontinues the course in which the student is enrolled, or if the student drops out. If any portion of the tuition was paid from the proceeds of a third party, the refund will be sent to the lender or agency that guaranteed the funds. Any remaining amount will first be used to repay any student financial aid programs from which the student received benefits, in proportion to the benefits received. Any remaining amount of money will be paid to the student.
WORKSHOPS 6-10 WEEKS
There are no cash refunds after classes commence. Any student who withdraws after this time will be issued a transferable credit good for up to one year.
Withdrawal before classes commence 100% refund less deposit
During the first week of classes 75% credit less deposit
During the second week of classes 50% credit less deposit
There are no credits after the second week of classes.
WORKSHOPS 5 WEEKS OR LESS
Workshops lasting five weeks or less must be paid in full at the time of registration. Any student who withdraws before classes commence is entitled to a class deferral good for up to one year. Once classes commence there are no refunds or deferrals issued.
No student can participate in the Weekend Introductory Program, Evening Introductory Program, or any workshop if he or she will not be in attendance during the first week of classes. ANY student missing more than 1 week of classes will be dismissed from the program or workshop he or she has registered for.
Withdrawal within 7 days of Program Start:
If you withdraw within 7 days of the program start date, you will forfeit your acceptance and will need to reapply/audition to be considered for future sessions.