Common use of Prompt refund Clause in Contracts

Prompt refund. In the event that the veteran, spouse, surviving spouse or child fails to enter the course, or withdraws, or is discontinued there from at any time prior to completion of the course, the unused portion of the tuition, fees and other charges paid by the individual shall be refunded promptly. Any institution which fails to forward any refund due within 40 days after such a change in status, shall be deemed, prima facie, to have failed to make a prompt refund, as required by this subparagraph. Do not sign this agreement before you read it or if it contains any blank spaces. This is a legal document. All pages of this contract are binding. Read both sides of all pages before signing. You are entitled to an exact copy of the agreement, school catalog, and any other papers you may sign and any other papers you may sign and are required to sign a statement acknowledging receipt of those.

Appears in 3 contracts

Sources: Enrollment Agreement, Enrollment Agreement, Enrollment Agreement