Financial Policy
Students are
expected to keep the financial agreements made at enrollment. Students unable to meet the
agreements should contact the school immediately. Failure to keep financial arrangements
agreed upon is grounds for student termination by M. R. A. I. T.
A $35.00 service charge will be accessed if a check received as payment is
returned by the bank unpaid, for any reason. In the event that an agreed-upon payment is
more than 4 days late, a $35.00 late fee will be charged and A 2% per month compound
interest charge will be assessed. In the event that an account balance becomes 30 days
past due, the school may turn the account over to a collection agency for assistance in
collecting the debt. The student will be responsible for payment of the
collection/attorney fees incurred in the collection process.
Student account information can be released by the school to a
parent or other party that is assisting the student in payment of tuition or other fees.
Students terminating and requesting a refund within 3 days of the
date of signing the enrollment agreement may receive a full refund of all moneys paid.
Applicants who are not accepted for enrollment are entitled to receive a full refund.
Refunds for materials are subject to their return in like-new” condition within 3 days of purchase. There will be no refund allowed
for interactive materials purchased (e.g. CD-Roms).
The enrollment fee portion of the tuition guarantees a class seat
in a particular class and is therefore not refundable or transferable to another class
except as noted above. The enrollment fee is required upon registration and is included as
part of the tuition cost. All payments are non refundable.
Students
requesting termination and refund must do so in writing, mailed certified mail to the
School’s address or hand delivered. All refunds will be paid by check and mailed to
the requested address (or last address on file) within 30 days of receiving the request.
Students who terminate because of prolonged illness, accident, death in the family, or
other circumstances that make it impractical to complete the course, should request a
“special cases” settlement with the reasons for termination clearly stated with
proof attached. Refunds will be pro-rata based on the used portion less a service fee of
$50. Students terminating and obtaining a refund may not be accepted by the school for
re-entrance.
Office Hours, including admissions are 10:00 AM to 3:30 PM Monday through Friday. The office is closed for the holidays listed below.
Memorial Day: The entire weekend including through Memorial Day
Easter Sunday: Easter Sunday only.
Fourth Of July: The entire weekend including through the 4th.
Labor Day: The entire weekend including through Labor Day.
Thanksgiving: Thanksgiving Day only.
Christmas/New Year's Week: From Christmas Eve Day through
Snow Days & Other Cancellations: In the event of class
cancellation due to weather or other circumstances beyond the school’s control, the
classes will be rescheduled. Contact the office for details.
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Michigan Recording Arts Institute and Technologies
28533 Greenfield, Southfield, MI 48076
248-557-8276