49-7-144 - Disclosure about transferability of credits.
49-7-144. Disclosure about transferability of credits.
(a) No person, agent, group or entity of whatever kind, alone or in concert with others, shall operate in this state a postsecondary educational institution unless, prior to a student signing an enrollment contract or agreement, the institution provides any prospective student a written disclosure about transferability of credits in the form set forth in subdivision (b)(2).
(b) (1) The disclosure required by this section shall be on a document containing no other disclosures and shall be printed in a type not less than sixteen (16) point font. The student shall initial and date a copy of the written information to indicate that the student was given the required disclosures prior to executing an enrollment contract or agreement.
(2) The disclosure on the transferability of credits shall be as follows:
Credits earned at [name of institutions giving disclosure] may not transfer to another educational institution. Credits earned at another educational institution may not be accepted by [name of institutions giving disclosure]. You should obtain confirmation that [name of institutions giving disclosure] will accept any credits you have earned at another educational institution before you execute an enrollment contract or agreement. You should also contact any educational institutions that you may want to transfer credits earned at [name of institutions giving disclosure] to determine if such institutions will accept credits earned at [name of institutions giving disclosure] prior to executing an enrollment contract or agreement. The ability to transfer credits from [name of institutions giving disclosure] to another educational institution may be very limited. Your credits may not transfer and you may have to repeat courses previously taken at [name of institutions giving disclosure] if you enroll in another educational institution. You should never assume that credits will transfer to or from any educational institution. It is highly recommended and you are advised to make certain that you know the transfer of credit policy of [name of institutions giving disclosure] and of any other educational institutions you may in the future want to transfer the credits earned at [name of institutions giving disclosure] before you execute an enrollment contract or agreement.
(c) If a postsecondary institution does not require a student to sign an enrollment contract or agreement, then information on how to obtain the institution's transfer of credit policy shall be included in the letter of acceptance or other such document sent by the postsecondary institution to the student. The information shall be sent to the student prior to the institution's requesting any payment from the student other than an application fee or a housing deposit.
(d) Information required under this section to be disclosed in writing to prospective students shall also be posted on the institution's web site.
[Acts 2008, ch. 1103, § 1.]