Cancellation: Please provide all cancellation requests to ABC Real Estate School in writing by email to rick@abcrealestateschool.com 

Refund:
Per NRS 394.449; for refund requests received before the start of a training program and within 3-days of purchase, all tuition will be refunded.

Books, educational supplies or equipment for individual use are not included in the policy for refund, and a separate refund will be paid by the institution to the student if those items were not used by the student. Material fee refund disputes will be resolved by the Administrator on a case-by-case basis.

If the course material has been accessed online and/or hard-copy materials have be sent, the material fee is non-refundable.  If the course material has not been accessed, the material fee will be calculated based on the number of days since enrollment. See calculation below.

Time Periods:

What are the Minimum Completion Time Periods for Distance Education Courses?

120 hour Course:  Time from enrollment to completion is 12 days.

30 hour Course:    Time from enrollment to completion is 3 days.

45 hour Courses:  Time from enrollment to completion is 6 days.

24 hour Course:   Time from enrollment to completion is 3 days.

18 hour Course:   Time from enrollment to completion is 3 days.

14 hour Course:   Time from enrollment to completion is 2 days.

Classroom: (not presently offered)

Time Extension:  If a student does not complete a course within the allotted time periods above, he/she will be given a time extension of 9-months from the date of enrollment to complete the course.  If a student has not successfully passed the final examination at 9-months from the date of purchase, the student must re-purchase; and complete a new class, to obtain credit.

Refund Calculation:

If a student withdraws or is expelled by ABC Real Estate School after the first 3-days of the training program and before the training program enrolled in has offered 60% of the instruction (based on Minimum Completion Time Periods above), the student will receive a prorated refund of the tuition.  No refund will be given after the training program enrolled in has offered more than 60% of the instruction.

If, for any reason, ABC Real Estate School cancels the course, a full refund will be made.

Price of tuition is based on the number of hours $1 per hour: (Example: 120 hours = $120 tuition, 14 hours = $14 tuition). The material fee is the difference between the price of the course and the tuition.

NRS 394.449
If a refund is owed, ABC Real Estate School shall pay the refund to the person or entity who paid the tuition within 15 calendar days after the:

(a) Date of cancellation by a student of his or her enrollment;

(b) Date of termination by the institution of the enrollment of a student;

(c) Last day of an authorized leave of absence if a student fails to return after the period of authorized absence; or

(d) Last day of attendance of a student, whichever is applicable.

For the purposes of this section:

(a) The period of a student’s attendance will be measured from the first day of instruction as set forth in the enrollment agreement through the student’s last day of actual attendance, regardless of absences.

(b) The period of time for a training program is the period set forth in the enrollment agreement.

(c) Tuition must be calculated using the tuition and fees set forth in the enrollment agreement and does not include books, educational supplies or equipment that is listed separately from the tuition and fees.

Example:

Sandy enrolled in a 120-hour pre-licensing course on July 1 and withdrew at the end of 6 days; on July 7. The 120-hour course can be completed in 12 days (based on the Time Periods). Tuition is $120 and course material was accessed online. Sandy attended 50% of the program (6/12 = 50%), and her refund would be calculated as follows:

  Tuition   $ 120.00

- 50% of Tuition  ($60)

=  Refund to Sandy   $60.

 

NRS 394.449

If ABC Real Estate School has substantially failed to furnish the training program agreed upon in the enrollment agreement, the institution shall refund to a student all the money the student has paid.      

As used in this section, “substantially failed to furnish” includes cancelling or changing a training program agreed upon in the enrollment agreement without:

 (a) Offering the student a fair chance to complete the same program or another program with a demonstrated possibility of placement equal to or higher than the possibility of placement of the program in which the student is enrolled within approximately the same period at no additional cost; or

(b) Obtaining the written agreement of the student to the specified changes and a statement that the student is not being coerced or forced into accepting the changes, unless the cancellation or change of a program is in response to a change in the requirements to enter an occupation.