Financial Terms and Conditions
Tuition and Fees
- Standard Tuition Fee: $7,200 for the Nail Technology Program (450 hours).
- Non-Refundable Fees:Registration Fee: $100
- Books/Mindtap: $475
- Kits: $550.50
- Total Non-Refundable Fees: $1,125.50
- Additional Fees (if applicable):Foreign Diploma
- Translation Fee: $125
- Validation Fee: $265
- Total Program Cost: $8,325.50
Transcript Fee
- Digital Transcript: $25 per request.
- Snail Mail Paper Transcript: An additional $50 fee per request.
STRUCTURED LEARNING INVESTMENT (SLI) PROGRAM
Tuition Credit Framework
Louisville Beauty Academy uses Structured Learning Investments (SLIs) in place of discounts. An SLI is an earned tuition credit awarded for verified educational performance and professional competency. SLIs are not wages, compensation, rebates, or payment for promotion.
SLIs are not guaranteed and are earned only through verified completion of required activities. Failure to meet or maintain program standards may result in partial or full reversal of earned credits.
TOTAL POTENTIAL STRUCTURED LEARNING INVESTMENT
Maximum Tuition Credit Available: $4,525.50
SLI CATEGORY BREAKDOWN
1. Payment Commitment Investment
Maximum Credit: $1,000.00
Earned by paying full tuition prior to the program start date. Credit is issued after payment clears. One-time credit.
2. Attendance Integrity Investment
Maximum Credit: $1,275.50
Earned through consistent attendance and accurate biometric clock-in and clock-out records without manual corrections.
30–40 hours per week: up to $1,275.50 over approximately 15 weeks
20–30 hours per week: up to $500.00 over approximately 23 weeks
Fewer than 20 hours per week: not eligible
Attendance records are legal documentation and must remain accurate at all times.
3. Academic Mastery Investment
Maximum Credit: $500.00
Earn $100.00 per Milady CIMA theory chapter with a score of 90% or higher on the first five chapters. Verification is required through official academic records.
4. Sanitation and Safety Documentation Investment
Maximum Credit: $500.00
Earned by performing and documenting sanitation and public-health procedures, including workstation sanitation, tool disinfection, labeled disinfectant containers, floor cleaning, trash removal, laundry handling, chemical storage, PPE usage, and end-of-day sanitation resets.
Credits are awarded at $50.00 per verified sanitation documentation, up to ten submissions. One submission per week.
5. Educational Documentation and Digital Literacy Investment
Maximum Credit: $750.00
Earned through documented learning progress, professional development activities, and digital competency demonstrations.
Credits are awarded at $75.00 per verified submission, up to ten submissions. One submission per week.
6. Client Safety and Professional Conduct Investment
Maximum Credit: $500.00
Earn $100.00 per verified five-star client review referencing professionalism, safety, or conduct. Maximum of five reviews. One review per week. Reviews must be client-initiated and verifiable.
PUBLIC DOCUMENTATION DISCLOSURE
Educational documentation completed as part of professional training at Louisville Beauty Academy. Tuition credit reflects demonstrated competency.
GENERAL CONDITIONS
All Structured Learning Investment (SLI) credits are earned only after verification and may be reversed if required standards are not maintained. Documentation activities are part of educational training and assessment.
Students are responsible for retaining evidence of all SLI-related documentation. Evidence may include screenshots, photos, links, or files and must be submitted to Louisville Beauty Academy by text, email, or approved digital platform, and/or maintained in a personal digital or physical folder. Students are expected to keep this documentation as proof of competency and completion through graduation.
Participation in the SLI program does not create an employment relationship and does not affect eligibility for graduation or licensure.
Payment Policies
Payment Methods:
- Payments can be made via cash, check, money order, credit card, or through non-federal loan programs.
- Credit/Debit Card Fee: A 7% processing fee applies to card payments.
Payment Plans:
- Initial Deposit: A minimum deposit of $1,200 is required to enroll in the automatic payment plan.
- Monthly Payments: Recommended payments of $650.
- Late Payment Fees:$50 for payments under $500.
- $100 for payments under $200.
- $250 for no payment in a given month.
Unpaid Balances and Interest (Post-Enrollment: Withdrawn, Graduated, or Expelled)
- Interest and Fees on Outstanding Balances
- Accrual of Interest and Fees:
- Balances unpaid 30 days after the due date will accrue:10% annual interest rate, compounded monthly.
$50 monthly administrative fee for account management.
- Grace Period:
- A 30-day grace period applies before interest and fees begin accruing.
- Collections and Legal Accountability
- Collections Process:
- Balances unpaid 90 days after the due date may be referred to a collections agency.
- Students are responsible for all associated costs, including collection agency and legal fees.
- Post-Enrollment Financial Obligations
- Continuing Liability: Students who have withdrawn, graduated, or been expelled remain fully liable for outstanding balances.
- Defamation and Legal Action Prohibition: Students with unpaid balances:
- Waive the right to file complaints, pursue legal actions, or engage in defamatory activities against Louisville Beauty Academy until all balances are resolved.
- Violations may result in legal action for damages and recovery of legal fees.
Optional Settlement Adjustment Clause (Post-Enrollment Balances)
Louisville Beauty Academy, at its sole discretion, may offer a limited-time settlement adjustment to students who have withdrawn, graduated, or been terminated, provided the outstanding balance is paid in full within 30 to 60 calendar days from the date of separation from the program.
This settlement option:
- Is not guaranteed and is offered on a case-by-case basis.
- Is extended solely at the discretion of the school and is not an entitlement.
- Is subject to the student’s account standing, communication history, payment efforts, and overall compliance with school policies.
- May be revoked at any time without notice, and does not establish precedent for future students.
This clause is intended to support students in resolving their financial obligations in a timely manner and does not constitute a waiver of the school’s right to pursue full payment, including interest, administrative fees, or collection costs, unless otherwise agreed in writing.
Additional Fees
- Class Attendance Policy: Students with unpaid balances may be restricted from attending classes until payments are made.
- Additional Tuition Charges: $250 per week for hours completed beyond the original contract end date, payable in advance.
Acknowledgment of Structured Learning Investment (SLI) Eligibility and Disqualification
Structured Learning Investments (SLIs) are earned tuition credits designed exclusively to assist self-pay students who assume full financial responsibility for their education at Louisville Beauty Academy.
SLIs are available only to students who complete the program successfully and meet all graduation requirements, including attendance, academic mastery, sanitation compliance, documentation standards, and professional conduct obligations.
All SLIs are automatically voided and forfeited if a student:
- Withdraws from the program for any reason,
- Is terminated for noncompliance or misconduct, or
- Fails to meet graduation requirements.
SLIs are not available to students whose tuition or fees are paid, reimbursed, or subsidized by any third party, including but not limited to:
- Federal or state financial aid programs,
- Military or veteran benefits,
- Workforce or vocational rehabilitation programs,
- Employer sponsorships,
- Scholarships, grants, or external funding sources.
The involvement of third-party funding requires additional verification, reporting, compliance review, invoicing, liability management, and administrative oversight. Due to these added regulatory and operational obligations, students utilizing third-party funding are immediately and permanently disqualified from SLI eligibility, regardless of attendance level or performance.
SLIs are not scholarships, discounts, or entitlements. They are conditional tuition credits earned only after verification and are issued solely at the discretion of Louisville Beauty Academy in accordance with this Enrollment Agreement and the school catalog.
Payment Disputes & Chargebacks
- Any disputed transactions, including but not limited to credit card chargebacks, voided checks, unauthorized payment reversals, or failed transactions due to insufficient funds, will result in a handling fee of $150 per hour for administrative efforts, including but not limited to email correspondence, phone calls, document preparation, and any dispute resolution processes required. The student is also responsible for any additional banking, legal, or processing fees incurred due to the dispute. Failure to resolve disputes in a timely manner may result in legal action, collection efforts, and further financial liability. By signing this agreement, the student agrees to these terms and acknowledges responsibility for all financial obligations related to their enrollment at Louisville Beauty Academy.