503-6 Student Tuition Recovery Fund CA STRF

Title:	Student Tuition Recovery Fund- CA STRF
Owner:	VP Student Accounts
Last Update/Review:	08/31/2023

Policy: The State of California established the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic loss suffered by a student in an educational program at a qualifying institution, who is or was a California resident while enrolled, or was enrolled in a residency program, if the student enrolled in the institution, prepaid tuition, and suffered an economic loss. Unless relieved of the obligation to do so, you must pay the state-imposed assessment for the STRF, or it must be paid on your behalf, if you are a student in an educational program, who is a California resident, or are enrolled in a residency program, and prepay all or part of your tuition.

You are not eligible for protection from the STRF and you are not required to pay the STRF assessment if you are not a California resident, or are not enrolled in a residency program.
It is important that you keep copies of your enrollment agreement, financial aid documents, receipts, or any other information that documents the amount paid to the school. Questions regarding the STRF may be directed to the Bureau for Private Postsecondary Education, 1747 N. Market Blvd., Suite 225, Sacramento, CA 95834, (916) 5748900 or (888) 370-7589.

Purpose: The purpose of this policy is to define the Student Tuition Recovery Fund -CA STRF.

Scope: This policy applies to all students eligible for Student Tuition Recovery Fund -CA STRF.

Document and Form(s): Not applicable.