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Cost of Attendance

Payment Terms and Methods of Payment

Students are responsible for paying the College the total tuition and fees for the selected program. Full payment is due and payable to Vaughn Beauty College at the time of signing the Enrollment Agreement with balance being paid prior to start date or through an approved payment plan. Please discuss payment plan options, tuition payments, and terms with the Admissions Office. Payments may be made by credit or debit card,* cash, check, or money order for students who do not qualify for any other aid. Vaughn Beauty College may, at its option and without notice, prevent the student from attending class until any applicable unpaid balance or payments are satisfied.
*The College may charge a 3% fee for paying tuition and other fees by credit or debit card.

Student Education Materials and Kit Policy
When issued to the student, the kit becomes the student's responsibility and will remain on college property until such time as the student has graduated and has paid any and all outstanding financial balance(s) with Vaughn Beauty College. The implements and products provided are to be used on manikins, clients, and/or models as assigned in order to develop required skills and speed. The student is responsible for replacing lost, missing, or broken items. Per the refund policy stated in the Enrollment Agreement, some items are not returnable.
Students have the right to purchase their own kit but it has to be equivalent to the *College’s kit and it must be purchased prior to the first day of class.

Other Costs and Fees

RE-ADMISSION OR TRANSFER STUDENTS : A student re-entering or transferring to our College will be required to pay a registration fee of $175.00. Tuition amount is calculated by dividing the current tuition cost by the total course length, then multiplied by the number of hours required.
OVERTIME POLICY: Vaughn Beauty College will charge additional tuition at the end of each *evaluation period (See Evaluation Periods found in the Satisfactory Academic and Attendance Progress Policy in the College Catalog ) for absent hours remaining at the rate of $9.50 per hour, or any part thereof, payable in advance until graduation. Overtime charges cannot be compensated with Title IV funding. Accrued hours are subtracted from scheduled hours to determine absent hours. A grace period of approximately ten percent of scheduled hours will be applied. Vaughn Beauty College may, at its option and without notice, prevent the student from attending class until any applicable unpaid balance or payments are satisfied.
WITHDRAWAL OR TERMINATION FEE: Students who withdraw or terminate prior to course completion will be charged a withdrawal fee of $150.00.
TRANSCRIPT FEE: The College may charge a $10.00 transcript fee for transcript requests.
CREDIT OR DEBIT CARD PAYMENT FEE: The College may charge a 3% fee for paying tuition and other fees by credit or debit card.
PAST DUE PAYMENT FEE: Payments not satisfied within 10 calendar days of the monthly due date may result in a late fee of $15.00.
MISSISSIPPI STATE BOARD OF COSMETOLOGY EXAMINATION AND LICENSURE FEES:
Prometric Testing - Cosmetology, Manicurist, Esthetics, Instructor Training Theory Exam Fee $95.00
MSBC - Cosmetology, Manicurist, Esthetics, or Instructor Training Practical Exam Fee $195.00
MSBC - Cosmetology, Manicurist, Esthetics, or Instructor Training Practical Exam Fee $195.00
MSBC - Instructor Licensure Fee $80.00

Notification of Rights Under FERPA for Post-secondary Institutions 

The Family Educational Rights and Privacy Act (FERPA) affords eligible students certain rights with respect to their education records. (An “eligible student” under FERPA is a student who is 18 years of age or older or who attends a postsecondary institution at any age.) These rights include: 
1.  The right to inspect and review the student's education records within 45 days after the day Vaughn Beauty College receives a request for access. A student should submit to the CEO/CFO, Manager, Admissions Office, Financial Aid Office, or other appropriate official, a written request that identifies the record(s) the student wishes to inspect. The school official will make arrangements for access and notify the student of the time and place where the records may be inspected. If the records are not maintained by the school official to whom the request was submitted, that official shall advise the student of the correct official to whom the request should be addressed.
2.  The right to request the amendment of the student’s education records that the student believes is inaccurate, misleading, or otherwise in violation of the student’s privacy rights under FERPA. A student who wishes to ask Vaughn Beauty College to amend a record should write the CEO or Education
Director, clearly identify the part of the record the student wants changed and specify why it should be changed. If Vaughn Beauty College decides not to amend the record as requested, Vaughn Beauty College will notify the student in writing of the decision and the student’s right to a hearing regarding the request for amendment. Additional information regarding the hearing procedures will be provided to the student when notified of the right to a hearing.
3.  The right to provide written consent before Vaughn Beauty College discloses personally identifiable information (PII) from the student's education records, except to the extent that FERPA authorizes disclosure without consent. Vaughn Beauty College discloses education records without a student’s prior written consent under the FERPA exception for disclosure to school officials with legitimate educational interests. A school official is typically includes a person employed by Vaughn Beauty College in an administrative, supervisory, academic, research, or support staff position (including law enforcement unit personnel and health staff); a person serving on the board of trustees; or a student serving on an official committee, such as a disciplinary or grievance committee. A school official also may include a volunteer or contractor outside of Vaughn Beauty College who performs an institutional service of function for which the school would otherwise use its own employees and who is under the direct control of the school with respect to the use and maintenance of PII from education records, such as an attorney, auditor, or collection agent or a student volunteering to assist another school official in performing his or her tasks. A school official typically has a legitimate educational interest if the official needs to review an education record in order to fulfill his or her professional responsibilities for Vaughn Beauty College.
4.  The right to file a complaint with the U.S. Department of Education concerning alleged failures by Vaughn Beauty College to comply with the
requirements of FERPA. The name and address of the office that administers FERPA is:
Family Policy Compliance Office U.S. Department of Education
400 Maryland Avenue, SW Washington, DC 20202
FERPA permits the disclosure of PII from students’ education records, without consent of the student, if thedisclosure meets certain conditions found in § 99.31 of the FERPA regulations. Except for disclosures to school officials, disclosures related to some judicial orders or lawfully issued subpoenas, disclosures of directory information, and disclosures to the student, § 99.32 of FERPA regulations requires the institution to record the disclosure. Eligible students have a right to inspect and review the record of disclosures. A post-secondary institution may disclose PII from the education records without obtaining prior written consent of the student:
-to other school officials, including teachers, within Vaughn Beauty College whom the school has determined to have legitimate educational interests. This includes contractors, consultants, volunteers, or other parties to whom the school has outsourced institutional services or functions, provided that the conditions listed in §99.31(a)(1)(i)(B)(1) - (a)(1)(i)(B)(3) are met. (§ 99.31(a)(1))
-to officials of another school where the student seeks or intends to enroll, or where the student is already enrolled if the disclosure is for purposes related to the student’s enrollment or transfer, subject to the requirements of §99.34. (§ 99.31(a)(2))
-to authorized representatives of the U. S. Comptroller General, the U.S. Attorney General, the U.S. Secretary of Education, or State and local educational authorities, such as a State postsecondary authority that is responsible for supervising the university’s State-supported education programs. Disclosures under this provision may be made, subject to the requirements of §99.35, in connection with an audit or evaluation of Federal- or State supported education programs, or for the enforcement of or compliance with Federal legal requirements that relate to those programs. These entities may make further disclosures of PII to outside entities that are designated by them as their authorized representatives to conduct any audit, evaluation, or
enforcement or compliance activity on their behalf. (§§ 99.31(a)(3) and 99.35)
-in connection with financial aid for which the student has applied or which the student has received, if the information is necessary to determine
eligibility for the aid, determine the amount of the aid, determine the conditions of the aid, or enforce the terms and conditions of the aid. (§ 99.31(a)(4))
to organizations conducting studies for, or on behalf of, the school, in order to: (a) develop, validate, or administer predictive tests; (b) administer student aid programs; or (c) improve instruction. (§ 99.31(a)(6))
-to accrediting organizations to carry out their accrediting functions. (§ 99.31(a)(7))
-to parents of an eligible student if the student is a dependent for IRS tax purposes. (§ 99.31(a)(8))
-to comply with a judicial order or lawfully issued subpoena. (§ 99.31(a)(9))• to appropriate officials in connection with a health or safety emergency, subject to § 99.36. (§ 99.31(a)(10))
-information the school has designated as “directory information” under § 99.37. (§ 99.31(a)(11))
-to a victim of an alleged perpetrator of a crime of violence or a non-forcible sex offense, subject to the requirements of § 99.39. The disclosure may only include the final results of the disciplinary proceeding with respect to that alleged crime or offense, regardless of the finding. (§
99.31(a)(13))
-to the general public, the final results of a disciplinary proceeding, subject to the requirements of § 99.39, if the school determines the student is an alleged perpetrator of a crime of violence or non-forcible sex offense and the student has committed a violation of the school’s rules or policies with respect to the allegation made against him or her. (§ 99.31(a)(14))
-to parents of a student regarding the student’s violation of any Federal, State, or local law, or of any rule or policy of the school, governing the use or possession of alcohol or a controlled substance if the school determines the student committed a disciplinary violation and the student is under the age of 21. (§99.31(a)(15))

Institutional Refund Policy 

For applicants who cancel enrollment or students who withdraw from enrollment a fair and equitable settlement will apply. The following policy will apply to all terminations for any reason, by either party, including student decision, course or program cancellation, or College closure. Any monies due the applicant or students shall be refunded within 45 days of official cancellation or withdrawal shall occur on the earlier of the dates that: 
1.  An applicant is not accepted by Vaughn Beauty College. The applicant shall be entitled to a refund of all monies paid to Vaughn Beauty College.
2.  A student (or in the case of student under legal age, his/her parent or legal guardian) cancels his/her enrollment in writing within three business days of signing the enrollment agreement. In this case all monies collected by Vaughn Beauty College shall be refunded, regardless of whether or not the student has actually started classes.
3.  A student cancels his/her enrollment after three business days of signing the Enrollment Agreement but prior to starting classes. In these cases, he/she shall be entitled to a refund of all monies paid to Vaughn Beauty College less the registration fee in the amount of $175.00.
4.  A student notifies the Vaughn Beauty College of his/her withdrawal in writing.
5.  A student on an approved Leave of Absence notifies Vaughn Beauty College that he/she will not be returning. The date of withdrawal shall be earlier of the date of expiration of the leave of absence or the date the student notifies Vaughn Beauty College that he/she will not be returning.
6.  A student is expelled by Vaughn Beauty College. The official withdrawal date will be the last day attended by the student. (Unofficial withdrawals will be determined by Vaughn Beauty College by monitoring attendance at least every 30 days.)
7.  In type 2, 3, 4, or 5, official cancellations or withdrawals, the cancellation date will be determined by the postmark on written notification, or the date said notification is delivered to the College Administrator or owner in person.

For students who enroll and begin classes but withdraw prior to course completion (after three business days of signing the Enrollment Agreement), the following schedule of tuition earned by Vaughn Beauty College applies. All refunds are based on scheduled hours:


Percent of Scheduled Time Enrolled to Total Course/ProgramTotal Tuition College Shall Receive/Retain 
.01% to 4.9%/20% 
5% to 9.9%/30% 
10% to 14.9%/40% 
15% to 24.9%/45% 
25% to 49.9%/70% 
50% and Over/100% 

All refunds will be calculated based on the students last date of attendance. Any monies due a student who withdraws shall be refunded within 45 days of a determination that a student has withdrawn, whether officially or unofficially.

○ In the case of disabling illness or injury, death in the student’s immediate family or other documented mitigating circumstances, a reasonable and fair refund settlement will be made.
○ If permanently closed or no longer offering instruction after a student has enrolled and instruction has begun, Vaughn Beauty College will provide a pro rata refund of tuition to the student.
○ If the course is canceled subsequent to a student’s enrollment and instruction has begun, Vaughn Beauty College will either provide a full refund of all monies paid or completion of the course at a later time.
○ If the course is cancelled after students have enrolled and instruction has begun, Vaughn Beauty College shall provide a pro rata refund for all students transferring to another college based on the hours accepted by the receiving college, or provide completion of the course, or provide a full
refund of all monies paid.
○ Vaughn Beauty College does not participate in any teach-out plans with other institutions. A list of students who were enrolled at the time of Vaughn Beauty College closure including the amount of each pro rata refund is submitted to Vaughn Beauty College’s accreditation agency or association.

Students who withdraw or terminate prior to course completion are charged a cancellation or administrative fee of $150.00. This refund policy applies to tuition and fees charged in the enrollment agreement. Other miscellaneous charges the student may have incurred at Vaughn Beauty College (EG:
extra kit materials, books, products, unreturned college property, etc.) will be calculated separately at the time of withdrawal. All fees are identified in the catalog and in the enrollment agreement.

Collections 
Collection procedures reflect good taste and sound ethical business practices. Collection correspondence regarding cancellation and settlement from the institution, banks, collection agencies, lawyers, or any other third parties representing Vaughn Beauty College clearly acknowledge the existence of the Withdrawal and Settlement Policy. If Promissory Notes or Enrollment Agreements for tuition are sold or discounted to third parties, the third party must comply with the Cancellation and Settlement Policy of Vaughn Beauty College. 

Return to Title IV Policy 
The Federal Return of Title IV funds formula dictates the amount of Federal Title IV aid that must be returned to the federal government by Vaughn Beauty College and/or the student. The federal formula is applicable to an eligible student receiving federal aid when that student withdraws on or before the 60% point in time in the payment period. If a student never begins attendance for the payment period, the R2T4 formula does not apply.

1.  The federal formula requires a Return of Title IV calculation if the student received or could have received (based on eligibility criteria) federal financial assistance in the form of Pell Grants, SEOG, Stafford Loans or Plus loans during the payment period. The percentage of Title IV aid earned is equal to the percentage of the payment period that was completed as of the withdrawal date, if this occurs on or before the 60% point in time. After the 60% point of the payment period, the student is considered to have earned 100% of the aid for the period. The percentage that has not been earned is calculated by subtracting the percentage of Title IV aid earned from 100%.
2.  The percentage of the payment period completed is calculated by the scheduled clock hours in the payment period as of the withdrawal date divided by the total clock hours in the payment period. The amount to be returned is calculated by subtracting the amount of Title IV assistance earned from the
amount of Title IV aid that was or could have been disbursed as of the withdrawal date.
3.  If a student receives less Title IV funds than the amount earned, Vaughn Beauty College will offer the student a disbursement of the earned aid that was not received at the time of his/her withdrawal which is a post withdrawal disbursement. Post withdrawal disbursements will be made from Pell grant funds first if eligible. If there are current educational costs still due Vaughn Beauty College at the time of withdrawal, a Pell grant post withdrawal disbursement will be credited to the student’s account. Any Pell grant funds in excess of current educational costs will be released to the student. The funds must be released as soon as possible but no more than 45 days after the date of determination. Any federal loan program funds due in a post withdrawal disbursement must be offered to the student and Vaughn Beauty College must receive the student’s permission before crediting his/her account.
4.  If a credit balance exists on the student's account after the R2T4 and institutional refund calculations are done, the credit balance must be used to pay any grant overpayment that exists based on the current withdrawal within 14 days from the date that the R2T4 calculation was performed. The overpaymentmust be eliminated prior to offering a credit balance to a student.
6. Vaughn Beauty College must return Title IV funds to the programs from which the student received aid during the payment period in the following order up to the net amount disbursed from each source:
Unsubsidized Direct Stafford Loan
Subsidized Direct Stafford Loan
Federal Perkins Loan
Federal PLUS Loan
Direct PLUS Loan
Federal Pell Grant
FSEOG
Iraq Afghanistan Service Grant
7.  Returns must be made as soon as possible to the federal programs but no later than 45 days after the date of determination.
8.  The statute requires that a student is responsible for all unearned Title IV program assistance that Vaughn Beauty College is not required to return. This is determined by subtracting the amount returned by Vaughn Beauty College from the total amount of unearned Title IV funds to be returned.

For official withdrawals: If a student wishes to withdraw from Vaughn Beauty College, he/she must notify the Manager in writing or orally. The date the notification is received is the date of determination.
For unofficial withdrawals: Vaughn Beauty College’s determination that a student is no longer in College is determined after 14 days of non-attendance.
If a student is on an official Leave of Absence and fails to return on the scheduled date, the date of withdrawal is the last day of attendance prior to the start of the Leave of Absence.