TITLE 3. POSTSECONDARY EDUCATION 66000-101060›DIVISION 10. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS 94000-95010›PART 59. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS 94000-95010›CHAPTER 8. Private Postsecondary Institutions 94800-94950›ARTICLE 14. Student Tuition Recovery Fund 94923-94925
§ 94925
California Education Code · 2020-11 edition · updated 2026-10-04 · California
(a) The amount in the Student Tuition Recovery Fund shall not exceed twenty-five million dollars ($25,000,000) at any time.
(b) If the bureau has temporarily stopped collecting the Student Tuition Recovery Fund assessments because the fund has approached the twenty-five-million dollar ($25,000,000) limit in subdivision (a), the bureau shall resume collecting Student Tuition Recovery Fund assessments when the fund falls below twenty million dollars ($20,000,000).
(c) An otherwise eligible student who enrolled during a period when institutions were not required to collect Student Tuition Recovery Fund assessments is eligible for Student Tuition Recovery Fund payments despite not having paid any Student Tuition Recovery Fund assessment.
(Amended by Stats. 2016, Ch. 86, Sec. 80. (SB 1171) Effective January 1, 2017. Repealed as of January 1, 2021, pursuant to Section 94950.)
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