Vocational Program Cancellation & Refund Policy (more than 16 weeks)

Buyer’s Right to Cancel:

Lakewood University is confident that the program you have selected will be everything we claim. To assure you of this, we provide this cancellation and refund policy. You may request cancellation in any manner, but a written request is recommended. Your

signature on this enrollment agreement indicates that you have read and understood the terms of this Agreement; that you have read and understood any literature you have received from us, and that you believe you have the ability to benefit from the program you have selected. If you officially withdraw from the program, the refund policy is as follows:

1. If Lakewood University is notified of cancellation within five calendar days from midnight of the day on which the enrollment agreement is signed, you will be refunded all money paid to the school.

2. If Lakewood University is notified of cancellation after such time, but before any assignment/test has been submitted to Lakewood University for evaluation, you will be refunded all money paid to the school, except for the $125 registration fee and the $250 technology/library fee.

3. If Lakewood University is notified of cancellation after five calendar days from midnight of the day on which the enrollment agreement is signed and after one or more assignments/test have been submitted to Lakewood University for evaluation, the refund will be calculated as noted below.

Cancellation and Refund Policy for Vocational Programs greater than 16-Weeks:

Lakewood University is confident that the course(s) you have selected will be everything we claim. To assure you of this, we provide this cancellation and refund policy. You may request cancellation in any manner, but a written request is recommended. Your signature on the enrollment form indicates that you have read and understood the terms of this Agreement that you have read and understood any literature you have received from us and that you believe you have the ability to benefit from the course you have selected. If Lakewood University is notified of cancellation within five calendar days from midnight of the day on which the enrollment agreement is signed, you will be refunded all money paid to the school. If the student officially withdraws from a course, after the 5-day cooling off period Lakewood University will retain the registration fee and application fee. The remaining tuition and refundable fees will be refunded based on the Term start date and the tuition percentage amounts below:

** Note about Tuition Refund chart: When a student cancels after completing at least one lesson assignment but less than 50 percent of the graded assignments, the institution may retain the application fee and one-time registration fee of no more than 20 percent of the tuition (not to exceed $200) and library service fees, plus a percentage of tuition paid by the student in accordance with the following schedule:

Sample Refund Calculation: A student enrolls in a course where the Total Course Tuition Price is $6,400.00. If student withdraws from the course after completing 28% of the program, the student is entitled to a refund of $3,200.00 ($6,400.00 * 50%). The school shall make the appropriate refund within thirty days of the date the school is able to determine that a student has cancelled or has been terminated from a course. Students are not permitted to withdraw from a course after the original term end date. Exceptions must receive University approval. Students are not required to return any materials in order to receive a refund. If payment is due to Lakewood University, it will be deducted from the amount paid to the school if the student is paid in full. If a student is on a monthly payment plan, they will remain on the payment plan until the amount is paid in full. If you fail to make any payment within 10 calendar days of its due date, the University may cancel this Agreement. Your entire tuition obligation will become due and payable immediately unless you cure the default within 15 calendar days of our notice to you. If you have questions about the Lakewood University refund policy, contact the Student Services Department at 1-800-517-0857 Option 2.

** PLEASE NOTE: Students whose education is funded by a third-party entity (US Federal Financial Aid, US Veteran’s Administration, MYCAA, VRRAP) will not receive any payments related to a refund. The refunded amount will be sent directly to the funding entity. The calculation above is subject to change based on the student’s external funding entity.