Virginia Regulatory Town Hall

Proposed Text

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Action:
Fee Changes
Stage: Proposed
5/7/21  4:34 PM
 
8VAC40-31-260 Fees

A. All fees collected by council staff will be deposited in the State Treasury.

B. All fees are nonrefundable with the exception of withdrawal of an application in which case all fees will be refunded minus a nonrefundable administrative fee noted in subsection D of this section.

C. Fees must be paid with a company check and made payable to the Treasurer of Virginia.

D. The annual fee is based on the annual gross tuition received by each administrative branch of institutions certified to operate in Virginia. For out-of-state institutions certified to operate in Virginia, annual gross tuition means income generated from students enrolled at Virginia locations. The flat fee schedule is as follows:

New school orientation session, per person

$150

Initial fee for all new institutions of higher education

$6,000 $10,000

Initial fee for all new career-technical non-degree postsecondary schools

$2,500

Annual fee for all unaccredited institutions of higher education

$6,000 $10,000

Initial fee for out-of-state online institutions of higher education that are not members of NC-SARA

$10,000

Renewal fee for out-of-state online institutions of higher education that are not members of NC-SARA

$10,000

Renewal fee for all postsecondary schools with an annual gross tuition collected less than $50,000, as recorded on most recent financial statement

$250

Renewal fee for all postsecondary schools with an annual gross tuition collected greater than or equal to $50,000 but less than $100,000, as recorded on most recent financial statement

$1,000 $1,200

Renewal fee for all postsecondary schools with an annual gross tuition collected greater than or equal to $100,000 but less than $500,000, as recorded on most recent financial statement

$2,500 $3,000

Renewal fee for all postsecondary schools with an annual gross tuition collected greater than or equal to $500,000 but less than $1,000,000, as recorded on most recent financial statement

$4,000 $6,000

Renewal fee for all postsecondary schools with an annual gross tuition collected greater than or equal to $1,000,000, but less than $5,000,000, as recorded on most recent financial statement

$5,000 $7,500

Renewal fee for all postsecondary schools with an annual gross tuition collected greater than or equal to $5,000,000, as recorded on most recent financial statement

$10,000

Returned check fee

$35

Initial or renewed exemption application/request for name acknowledgement/agent registration

$300 $350

Nonrefundable administrative fee (withdrawal of application)

$500 career-technical, non-degree

$1000 $2,000 institutions of higher education

Request for change in degree level authorization

$1,000

Request duplicate certificate to operate due to school name or address change

$100

Request duplicate agent permit, to replace lost/stolen/misplaced permit

$100

Application fee for each additional site instructional location

$100 $300

Application fee for each additional program, or modification to an existing program, or program deletion

$100

E. A school that submits a payment that is returned for any reason must resubmit the required payment, any applicable late fee, and the assessed returned check fee of $35 via a money order or certified bank check only.