FINANCE POLICY

Tuition and Fees Payment Policy:

Tuition and Fees must be paid in full by the first day of class unless a payment arrangement is made before the start of the program with either the Vice President or Director of Admissions and Registration. A payment arrangement is a legally binding contract that requires a written Financial Agreement Form to be executed by the student and MTC.

For a payment arrangement (including any delay in paying the required down-payment), the student must pay a down-payment in an amount that varies by Program-length, or have already executed a payment arrangement, as follows:

Interest on Unpaid Balances: If a student owes a fee balance beyond 30 days after program completion, he/she shall be charged a ten percent (10%) interest fee on the total balance owed. The 10% interest charge shall recur every month on balance owed, including the added unpaid interest fees incurred monthly until both the fees owed and the interest fees are paid in full. A student account not paid in full including the recurring monthly fees, shall be forwarded to collection three (3) months after the completion date of the program in which the student was enrolled. If the student debt is sent to collection, the student shall be charged all the fees, including the collection cost. In the event, MTC takes legal action against the student for failure to pay; the student shall be liable for all legal fees and court costs if the judgment is rendered in favor of MTC.

A student shall be deemed to have enrolled in a program of study, on the date the student or their legal Guardian signed both the Enrollment Agreement Form and Financial Agreement Form, if applicable. A student may cancel his/her enrollment or withdraw from a program may receive a refund in accordance with the Refund Policy. Likewise, if the student owes the school, he/she shall be required to pay the balance owed within thirty (30) days after terminating his/her enrollment.

The student who fails to attend the program that he/she enrolled shall be deemed as “Never Attended” and withdrawn administratively by the school after 25% of the program’s clock hours have been completed. The Refund for a “Never Attended” student shall be issued per the Refund Policy. Likewise, the student shall be charged up to the date he/she was administratively withdrawn by the school.

The student whose signature appears on both the Enrollment and Financial Agreement Forms assumes the legal responsibility of financial agreement if, by the time the signature was affixed on both forms, the student was 18 years or older.

For a student who is less than eighteen (18) years of age must have a parent or the legal guardian sign their Enrollment and the Financial Agreement Forms. The parent or legal guardian whose signature appears on the Enrollment and Financial Agreement Forms assumes legal responsibility for the minor student’s financial account and must pay all the fees and tuition as stipulated in the Agreements.

The student who attended and received the training shall be held legally responsible for paying his/her tuition and fees. A student of legal age shall assume the legal responsibility in the event the sponsoring entity, company, or person fails to meet the obligation to pay the tuition and fees on behalf of the student whose signature appears on the Enrollment Agreement Form and the Financial Agreement Form on behalf of the student. This situation arises when a student fails to comply with the sponsor’s attendance or any other requirement, such as satisfactory academic performance.

Sponsors Tuition and Fees Payment Policy:

Companies, Governmental organizations, Non-government organizations, and all other business entities sponsoring students shall pay their invoice in full within Thirty days (30) from the date the sponsored student started his/her training. The Program Start Date is the date of the course commencement that the student enrolled.

MedNoc  Training College shall charge itemized fees. The cost indicated in this table does not include books. Students are required to purchase books separately or rent books from MTC. Students may buy their books at MTC or at the place of their choice.  Failure to return rented books in undamaged, the student is charged the cost to replace the book per the books price policy published on the school catalog.