This refund policy applies to all terminations for any reason, by either party, including student decision, course or program cancellation, or Academy closure. This policy complies with any mandated state or federal policies for each student. All refund calculations are performed, and refunds made in a timely manner.

If the student (or parent or guardian if the student is a minor) cancels the registration in person or in writing within three business days of the execution of this agreement, all monies paid herein, including the registration fee, shall be refunded by the Academy to the Student. This policy applies regardless of whether or not the student has actually started training.

Should the student be terminated or cancelled for any reason, all refunds will be made according to the following refund schedule:

1. Cancellations must be made in person or by mail.
2. All monies will be refunded if the academy does not accept the applicant or if the student cancels within three (3) business days after signing the Enrollment Agreement and making initial payment.
3. Cancellation after the third (3rd) business day, but before the first class, will result in a refund of all monies paid, with the exception of the registration fee. NOTE: IF TEXTBOOK(S) AND THE SUPPLIES KIT WERE PURCHASED FROM SUMMIT SALON ACADEMY, USED BOOKS and/or OPENED KITS ARE NON-REFUNDABLE.
4. Withdrawal after attendance has begun, but prior to 40% completion of the program, will result in a pro rata refund computed on the number of scheduled hours to the total program hours, with the exception of the registration fee and the books and kits fee. NOTE: USED BOOKS and/or OPENED KITS ARE NON-REFUNDABLE.
5. Withdrawal after completing 40% of the program’s scheduled hours will result in no refund. After this point, students are responsible for the entire cost of the program.
6. Termination Date: The termination date for refund computation purposes is the date the institution has determined that the student has withdrawn unless written notice has been received.
7. All institutional refunds will be made within 30 days of termination or receipt of cancellation notice.
8. A student can be dismissed, at the discretion of the Director and consistent with Academy policy, for insufficient progress, non-payment of costs, or for failure to comply with rules and policies established by the institution as outlined in its catalog and this agreement.
9. Students who drop and are receiving veteran’s educational benefits shall be refunded their fees based on a pro-rata formula. (Hours remaining divided by Total Required Hours multiplied by the Tuition Charged). Note: USED BOOKS and/or OPENED KITS ARE NON-REFUNDABLE.
10. All students should understand that once they have completed 40% of the scheduled hours of their academic program, they are financially obligated to the Academy for the full cost of the program.

Students who receive Title IV student financial aid must understand that even though they were awarded Title IV funds, they are only entitled to all of those funds if they complete at least 60% of the scheduled hours in each of the payment periods that the Title IV funds are requested for them by the Academy.

If the student completes less than 60% of the scheduled hours in the payment period, the Academy will perform a calculation required by the U.S. Department of Education to determine how much of the Title IV funding must be returned to the Department because the student did not earn the full amount. After this calculation, the Title IV-recipient may still owe and will be personally liable for any unpaid tuition and fees.