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Disbursements & Refunds

Disbursements

Financial Aid is disbursed in two payment periods.

Payment Period 1:  Disbursed from 1 hour to 301 hours.
Payment Period 2:  Disbursed from 302 to 602 hours.

Note: The institution does not use 10% excused absence when disbursing aid. Students must complete 302 hours for Payment Period 2 funds to be disbursed.

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Refunds

Your financial aid will be applied to your balance to pay for your tuition and fees. When these charges are paid, the Business Office Administrator will refund any remaining credit balance to you.

This excess aid is for you to use for your housing, food, transportation, and other miscellaneous costs.

The Refund Processes

The refund process begins immediately after financial aid has been paid to your student account.

Refunds can be released via Paper check mailed to the address on file with the school.

Please Note: Refund checks are available for pickup. See Business Office Administrator for details.

Professional Tractor Trailer Training Program 602

Students will receive a non-college degree certificate upon successful completion of the program. To receive a CDL credential students must schedule and pass the State of Michigan CDL skills exam. U.S. Truck Driver Training School is licensed by the state of Michigan to perform the state of Michigan CDL skills exam. The program cost includes tuition, books, DOT fees, registration fees, and other fees connected with the program. The student may cancel or terminate at any time by giving notice to the institution, subject to the institution’s refund policy. The computation for a refund is based on the last date of attendance. If a student does not show up for class for three consecutive days, with no contact, the student may be terminated from the program and the cancellation of the student enrollment contract may commence unless reasonable circumstances can be presented. Refunds are prorated and based on the hours attended. A student terminated under these circumstances may apply for readmission. A student applying for readmission must furnish a written request to the Director of Educational Services for consideration. Students automatically withdrawn after 60% of the program has elapsed are not entitled to a refund (Veterans and other eligible beneficiaries are exempt from the 60% rule).

The Method of Delivery for this program is Hybrid (Excluding Veterans and other eligible beneficiaries utilizing VA Education Benefits)

  1. An applicant may cancel enrollment at any time before the commencement of class.
  2. An applicant rejected by the institution shall be entitled to a refund of all monies paid. All refunds shall be returned within 45 days.
  3. All monies paid by an applicant will be refunded if requested within three days after signing an enrollment agreement.
  4. If a student withdraws after three-day period has elapsed or if they withdraw within the first three days of class, they will be entitled to a refund of all monies paid minus a registration fee of $40.00 and any fees paid towards the DOT physical, drug test, or TIP permit, which can be credited back to the student should he or she decide to reapply later.
  5. Refunds will be made within 45 days of the date of cancellation or termination. Refunds will be calculated as of the last date of attendance. Payments made by credit card will be returned to the same Credit card. Refunds for cash or checks will be made via ACH.
  6. Special cases. In case of prolonged illness or accident, death in the family, or other circumstances that make it impractical to complete the program, the institution may make accommodations which are reasonable and fair to both parties.
  7. Students will be provided with textbooks for the program when applicable. Textbooks are non-refundable and not included in refund calculations if student termination or withdrawal occurs after the commencement of class.
  8. Credit Balance Policy: if a student has a credit balance from a TITLE IV disbursement, then a refund will be made to the student within 14 days.

After the students starts class, they will be obligated for tuition payments as follows:

For a student who terminates                                  USTDTS will pay

  1. Within the first 3 days of the program         100% of the tuition
  2. Within the first 20% of the program            80% of the tuition
  3. Within the first 30% of the program            70% of the tuition
  4. Within the first 40% of the program            60% of the tuition
  5. Within the first 50% of the program            50% of the tuition
  6. Within the first 60% of the program           40% of the tuition
  7. After 60% of the program                               0% of the tuition

VETERANS AND OTHER ELIGIBLE BENEFICIARIES REFUND POLICY

If a student eligible for veteran education and training benefits fails to enter a course, withdraws, or training is discontinued at any time prior to completion, the amount charged will be an approximate pro-rata portion of total charges for tuition, registration fees, and other charges collected by USTDTS that the length of the completed portion of the course bears to its total length less $10.00 for the registration fee.