Effective: April 3, 2003
Latest Legislation: Senate Bill 266 - 124th General Assembly
The student tuition recovery fund is created in the custody of the treasurer of state, but not as a part of the state treasury. All revenues received from payments received under section 3332.085 of the Revised Code from schools registered by the state board of career colleges and schools and any other sources shall be deposited into the fund. The treasurer of state shall invest any portion of the fund not needed for immediate use in the same manner as in the investment of state funds. All investment earnings of the fund shall be credited to the fund. The treasurer of state shall disburse money from the fund on order of the chairperson of the student tuition recovery authority or the chairperson's designee.
All moneys and other assets acquired by the authority shall be held in trust to carry out its powers and duties and shall be used and reused to provide for the services described in this chapter.
Structure Ohio Revised Code
Title 33 | Education-Libraries
Chapter 3332 | Career Colleges and Schools
Section 3332.01 | Career Colleges and Schools Definitions.
Section 3332.02 | Exceptions to Chapter.
Section 3332.03 | State Board of Career Colleges and Schools.
Section 3332.031 | Duties of Board.
Section 3332.05 | Certificate of Registration - Program Authorization.
Section 3332.051 | Student Satisfaction Surveys.
Section 3332.071 | Disclosure Course Fees; Charging Students Prohibited.
Section 3332.08 | Surety Bond.
Section 3332.081 | Student Tuition Recovery Authority.
Section 3332.082 | Prepaid Tuition Loss Due to Closure of School - Reimbursement.
Section 3332.083 | Student Tuition Recovery Fund.
Section 3332.084 | Student Tuition Recovery Authority - Powers and Duties.
Section 3332.085 | Mandatory Payments Into Student Tuition Recovery Fund - Special Assessment.
Section 3332.09 | Limitation, Suspension, or Revocation of Registration or Authorization - Penalty.
Section 3332.091 | Complaints.
Section 3332.092 | Repaying Instructional Grants for Ineligible Students.
Section 3332.11 | Granting or Denial of Agent's Permit.
Section 3332.12 | Revocation or Suspension of Agent's Permit.
Section 3332.13 | Bond Does Not Limit nor Impair Right of Recovery.
Section 3332.14 | Requirement for Recovery.
Section 3332.15 | Issuance of Permit Does Not Constitute Approval of Program.
Section 3332.16 | Consumer Transactions Subject to Consumer Sales Practices Act.
Section 3332.18 | Effect of Child Support Default on Permit.
Section 3332.20 | Military Leave of Absence for Student on Active Duty.