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HomeEducation CodeDiv. 10Pt. 59Ch. 8Art. 14§ 94924 Student Tuition Recovery Fund

§ 94924 Student Tuition Recovery Fund

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 94924 Student Tuition Recovery Fund

Key Takeaways

  • •The school must calculate a fee for each student to help pay into a special fund called the Student Tuition Recovery Fund.
  • •This fund is used to help students get their money back if their school suddenly closes or does something wrong.
  • •The money in this fund stays there until it’s needed—it doesn’t disappear at the end of the year.
  • •If the school gives you a full refund for some reason, you might not have to pay this fee. Otherwise, you can’t get this fee back.

Example

Imagine you pay tuition to a school, but the school shuts down before you finish your classes.

The Student Tuition Recovery Fund is like a safety net. The small fee you paid helps make sure you can get some of your money back if the school closes or breaks the rules.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 94924 Student Tuition Recovery Fund

(a) The bureau shall determine the amount of Student Tuition Recovery Fund assessments to be collected for each student. (b) All assessments collected pursuant to this article shall be credited to the Student Tuition Recovery Fund, along with any accrued interest, for the purpose of this article. Notwithstanding Section 13340 of the Government Code, the moneys in the Student Tuition Recovery Fund are continuously appropriated to the bureau, without regard to fiscal year, for the purposes of this article. (c) Except when an institution provides a full refund pursuant to Section 94919 or Section 94920, the Student Tuition Recovery Fund assessment is nonrefundable. (Amended by Stats. 2014, Ch. 840, Sec. 29. (SB 1247) Effective January 1, 2015. Repealed as of January 1, 2027, pursuant to Section 94950.)

Last verified: January 23, 2026

Key Terms

student tuition recoveryeducationschoolthe california bureauinstitutionassessment

Related Statutes

  • § 94882 Visiting Committee Evaluation Reimbursement
  • § 94923 Student Tuition Recovery Fund
  • § 94925 Student Tuition Recovery Fund Limits
  • § 94932 Institution Compliance Monitoring
  • § 8972 Early Primary Program Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 94924.
View Official Source