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Committee clears bill letting private postsecondary schools keep up to 10% deposit
Summary
The House Education Committee on Wednesday advanced HB 97 to fix an unintended consequence of a 2023 law by allowing private postsecondary institutions to retain a deposit up to 10% of first‑term tuition when a student rescinds enrollment during the cooling‑off period.
Representative White presented House Bill 97 to the House Education Committee on a technical fix to postsecondary registration rules passed in 2023. The bill would permit private postsecondary institutions to retain a deposit not to exceed 10% of the tuition for the first term, in addition to reasonable application fees, if a student rescinds enrollment during the statutory cooling‑off period.
Why it matters: The change aims to preserve consumer protections that let students rescind contracts while also allowing schools — especially small or specialized programs — to recoup modest costs for holding a seat and preparing for an incoming student.
The presenter said HB 97 corrects an unintended interpretation of the 2023 overhaul…
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