Job Placement
Nova Academy is dedicated to your success as a professional Cosmetologist, Esthetician Professional, or Nail Technician. We do not guarantee job placement; however, we will assist you in finding a job after graduation through career fairs, salon tours, and refer you to job placement professionals. All placement information will be updated regularly.
Major Standard Violations
Major standard violations include using controlled substances/alcohol, destroying property, stealing, falsifying documents, committing fraud, abusing and/or causing physical harm to others, having in their possession a gun/firearm on School property, and violating local, state, and federal laws. Anytime during a student’s program, the violation of a major standard will result in termination.
TERMINATION
Reasons for termination are major standard violations, including using controlled substances/alcohol, destroying property, stealing, falsifying documents, committing fraud, abusing and/or causing physical harm to others, having in their possession a gun/firearm on School property, and violating local, state, and federal laws.
Students who are terminated have up to five school days to appeal their termination. Appeals must be in written form and address the issues that led to the termination. The appeal should be addressed to the School Director. While a student is terminated, no clock hours may be earned, and the contract graduation date will not be extended. If a terminated student fails to respond in five school days, the student’s termination will be final.
Buyer’s Right to Cancel
NOTICE OF CANCELLATION AND RIGHT TO REFUND
The refund policy applies to all terminations for any reason, by either party, including student decision, course or program cancellation, or school closure.
Enrollment can be terminated by written notice of cancellation from Nova Academy to the student or by written or verbal notice, phone, or email from the student to Nova Academy. Enrollment is defined as the time elapsed between the actual starting date and the student’s last day of scheduled attendance at Nova Academy. All monies due the student shall be refunded within 30 days of formal cancellation or formal termination by Nova Academy; which shall occur no more than 30 days from the last day of scheduled attendance or in case of leave of absences, the documented day of return. The postmark on written notification determines formal cancellation date or the date said information is delivered to a Nova Academy representative in person as described below.
Notice: All notices shall be delivered or mailed with postage prepaid, registered or certified and return receipt requested to the other party as follows:
To the student - at the address set forth on page one of the Enrollment Agreement.
Attn: Director of Admissions.
Notice of a change of address shall be given in writing, by telephone or by email. Notices may also be delivered to the party in person (in the case of Nova Academy, the individual must be the Director of Education, Business Manager, or Admissions Representative).
The postmark on written notification determines formal cancellation date or the date said information is delivered to Nova Academy representative in person.
The school shall acknowledge in writing any valid notice of cancellation within 10 days after the receipt of such notice. Any money due to the applicant or student shall be refunded within 30 business days of the official withdrawal date or the date the school discovers that the student has unofficially withdrawn.
The official withdrawal date is determined by the postmark date on written notification, the date said written or verbal notice is delivered to the school director in person, the date the email notice is sent, or the date the notice is phoned in. All miscellaneous costs that have not yet become due will be void. In case of a leave of absence, the school shall return any money due the applicant within 30 days of the last day of the student’s leave of absence if the student fails to return.
REFUND POLICY FOR PROGRAMS GREATER THAN 40 HOURS
*WITH A WRITTEN CONTRACT OR ENROLLMENT AGREEMENT
If your application is rejected, you will receive a full refund of all tuition, fees, and other charges. You will be entitled to a full refund of tuition, fees, and other charges if you give notice that you are canceling your contract within five business days after the contract or enrollment agreement is considered effective. A contract or enrollment agreement will be presumed to be effective on the date that the institution notifies you that you have been accepted into the institution and you have signed the contract or enrollment agreement. If the notification of acceptance into the institution is sent by mail, then the effective day of being accepted is the postmark on the acceptance letter.
This five-day refund policy applies regardless of when the program starts. If you give notice more than five days after you signed the contract but before the start of the program (or first lesson for an online distance education program), you will receive a refund of all tuition, fees, and other charges minus 15%, up to $50, of the total cost of the program. If you withdraw after the start of your program and it has been more than 5 days after you signed the contract, you will receive a pro-rated refund of the entire cost of your program based on your last day of attendance. You will be provided a prorated tuition, fees, and other charges refund minus your initial application fees, up to $50, and minus the lesser of 25% of the total tuition or $100. Proration is based on clock hours and how much of the program you have completed. The completion rate is the number of clock hours you actually attended divided by the number of clock hours in the program. The completion rate is calculated to the second decimal point (.XX).
You will receive written notice acknowledging your withdraw request within 10 business days after receipt of the notice, and you will receive a refund of any tuition, fees, and other charges within 30 business days of the receipt of your withdrawal. Any mailed notice is effective as of the date of the postmark if sent by mail or the day it has been hand-delivered to the school. Notice to withdraw may also be given by email or verbally, including a voicemail, to the School Manager or Student Service Leader.
If you do not withdraw in writing or contact the school about your absence and you have not attended your program or contacted the school about your absence for 14 consecutive days, you will be considered to have withdrawn from the school as of your last date of attendance. Nova Academy is responsible for sending you a written notice of cancellation if you are withdrawn for failing to attend your last known address. The confirmation from the school must state that the school has withdrawn your enrollment, and if this action was not the student's intent, the student must contact the school.
INSTITUTIONAL RETURN POLICY
A refund is due if a student has completed less than 75% of their program and is determined as follows: Divide the number of clock hours that a student actually attended by the number of clock hours of the program. The completion rate must be calculated to the second decimal point (.xx).
When a student has completed 75% of their program, the institution is able to keep the tuition, fees, and charges equal to:
*The total tuition, fees, and charges multiplied by the completion rate plus the initial application fee plus the lesser of 25% of the total tuition or $100.
The student must note that financial aid that has been previously applied to their account may have to be returned, which could result in a higher account balance. In the event the student has a balance on their account when they leave School, they will be expected to make payment in full or establish an ACH payment plan within thirty (30) days or face collections.
Applicable returns by the school may be returned in the following order:
Federal Direct Unsubsidized Student Loans
Federal Direct Subsidized Student Loans
Federal Pell Grant Program
To those funds calculated based on the Minnesota Office of Higher Education Refund Policy and the Appendix 13 Refund Calculation Worksheet of the Minnesota State Grant Manual and/or other federal, state, private or institutional student financial assistance programs and/or to the student.
RETURN OF TITLE IV FUNDS
Per federal guideline standards, a student must “earn” federal financial aid awards directly in proportion to the number of hours of the program scheduled. In other words, a student earns financial assistance as they attend school. If a student completely withdraws from school, the school must calculate the portion of the total scheduled financial assistance earned.
Divide the clock hours scheduled to have been completed as of the day the student withdrew (the last day attended as documented in the student database) by the total clock hours in the period. If this percentage is greater than 60%, the student earned 100% of the Total Title IV aid disbursed and could have been disbursed for the period. If this percentage is less than or equal to 60%, multiply the percentage of Title IV aid earned by the Total Title IV aid disbursed and that could have been disbursed. If the total Title IV aid disbursed for the period is greater than the Amount of Title IV aid earned, this amount of Title IV aid must be returned. If the Total Title IV aid disbursed for the period is less than the Amount of Title IV aid earned, this amount of Title IV aid would be a post-withdrawal disbursement. Multiply institutional charges for the period by the Percentage of unearned Title IV aid compare the amount of Title IV aid to be returned to the Amount of unearned charges. The lesser amount of the two is the school’s responsibility to return. From the total amount of Title IV aid that must be returned subtract the amount to be returned by the school. If the total is greater than zero, the student is responsible for returning that remaining balance. If the student has received personal payments of Title IV aid, he/she may be required to refund the aid to the applicable program.
The Institution must offer any post-withdrawal disbursement of loan funds within 30 days of the date the school determined the student withdrew. Nova Academy must always return any unearned Title IV funds it is responsible for returning within 45 days of the date the school determined the student withdrew.
Nova Academy must disburse any Title IV grant funds a student is due as part of a post-withdrawal disbursement within 45 days of the date the school determined the student withdrew and disburse any loan funds a student accepts within 180 days of the date the Institution determined the student withdrew.
POST-WITHDRAWAL DISBURSEMENT OF TITLE IV GRANT FUNDS
Nova Academy is permitted to credit a student's account with the post-withdrawal disbursement of Title IV grant funds without the student's permission for current charges for tuition, fees up to the amount of outstanding charges. Nova Academy must obtain a student's authorization to credit a student's account with Title IV grant funds for charges other than current charges.
MINNESOTA STATE RETURN POLICY
To determine the proportional share of Non-Title IV Financial Aid package for a refund, take the amount of funds (financial aid, cash) applied to the original institutional charges to the student to date during the student's program and for the current aid year, including any post-withdrawal disbursements of Title IV financial aid applied to institutional charges.
If funds exceed the original institutional charges, enter the amount of original institutional charges. Subtract the amount of original institutional charges the school can retain per its institutional or state-mandated refund policy. If the gross refund is not greater than zero, then no refund is due to the state financial aid programs. Subtract the amount of the institutional share of any required refund for Title IV financial aid programs. Net Refund of Institutional Charges If the net refund is not greater than zero, then no refund is due to state financial aid programs.
To determine the proportional share of the Non-Title IV Financial Aid Package for a refund, list all non-Title IV financial aid disbursed to the student to date during the student's program and for the current aid year. Take the amount disbursed by the State Financial Program times the percent of the total amount of Non-Title IV Aid disbursed, and this equals the percentage to be refunded back to the State Financial Aid Programs.
NOTICE OF RIGHT TO ACCESS
Students may request access to their files at any time. Access to these records is available to the student or parents/guardians of dependent minors by appointment under the supervision of the school. The school will respond to this request within 10 days. To request a transcript, fill out the form on our website under student, consumer information, select official & unofficial transcript request, and pay a fee.
VETERAN’S REFUND POLICY
In the event that a veteran’s beneficiary enrolls under the provisions of Title 38, US Code and/or Title 10, US Code and discontinues training before completion of the program, Nova Academy will retain ten dollars ($10) as a bona fide registration cost. All other advance payments of tuition, fees, and other charges will be refunded to the trainee on a pro-rata basis computed to the date of discontinuance of training.