Finance Policy

Tuition and Fees Payment Policy:

Tuition and Fees Payment Policy:

Tuition and fees must be paid in full by the first day of class, unless a payment arrangement has been made in advance with the Director of Admissions & Registration, College Director, Vice President, or the President of MedNoc Training College.

A payment arrangement constitutes a legally binding contract that requires both the student and an MTC official to execute a written Financial Payment Plan Agreement as part of the Enrollment Agreement.

For any payment arrangement, including delays in paying the required down payment, the student must adhere to the following:

  1. Pay the Registration/Enrollment Fee, which will be included in your total tuition and fees.~~ This is not an extra fee. It is a fee to hold your seat in the classroom.
  2. Pay a down payment amount that varies depending on the length of the program, or
  3. Have executed a payment arrangement agreement. A payment plan can be set up through the Student Online Portal during enrollment.

Refund Policy

MedNoc Training College’s Refund Policy shall be based on the Oklahoma Board of Private Vocational Schools’ Refund Policy Rule at OAC 565:10-11-3. Details of MedNoc’s refund policy for cancellations and terminations are documented in both the Catalog and the Enrollment Agreement you will complete and sign during enrollment. To see details of MedNoc’s refund Policy, click [REFUND POLICY]

PROGRAM LENGTH

MINIMUM

DOWN-PAYMENT

FREQUENCY, AMOUNT & TIMING OF FUTURE PAYMENTS

Less than 80 Clock Hours

60% of the Total Program Cost

The balance due is divided by the total number of weeks in the program. Payments must be made by 4:00 PM each Monday. The entire program cost must be paid in full by the last day of the program.

80 – 450 Clock Hours

30% of the total cost Program

Pre-Nursing Courses

30% of the cost of the Course

The balance due is divided by the total number of program weeks. Each course must be paid in full before proceeding to the next course. Payments must be made by 4:00 PM each Monday. The entire program cost must be paid in full by the last day of the program.

LPN Program

$4,500 Deposit

The balance due is divided by the total number of months in the program. Each course must be paid in full before proceeding to the next course. Payments must be made by 4:00 PM each Monday. The entire program cost must be paid in full by the last day of the program.

Terms and Conditions:

  1. Payment Method: Payments are accepted via credit card, debit card, bank transfer, cashier’s check, money order, or personal check.
  2. Transaction Fee: A 4.0% processing transaction fee shall be added to each Payment made by a credit or debit card. For ACH Bank Payments, a 2.0% processing fee shall be added.
  3. Returned Payment: A $50.00 returned payment fee shall be applied to each returned Payment.
  4. Cancelled/Disputed Charge: The Student shall be charged 50% for the disputed/cancelled payment plus the $50.00 returned fee.
  5. Late Payments: A fee of $50.00 shall be applied to each Payment received more than seven (7) days after the due date.
  6. Default: If the Payment is not made within thirty (30) days of the due date, the Student shall be considered delinquent after the thirtieth (30th) day. MedNoc Training College reserves the right to take appropriate actions, including but not limited to dismissal from the Program, limiting the Student’s access to the course, withholding Program/Course Completion Certificates, Transcripts, Training Verification Forms, Training Completion Affirmation Form, and all academic records, and pursuing collections.
  7. Delinquent Account: A twenty-one (21.0%) monthly interest rate shall be applied to a delinquent account.
  8. Collections & Legal Fee: A fifty (50.0%) collection and/or Legal Fee shall be added to the total amount owed. 
  9.  Delinquent Account Service Fee: A one-time $ 500.00 delinquent account service fee shall be added to a delinquent account.   
  10. Refund Policy: Refer to the MedNoc Training College refund policy for details on eligibility and the refund process.
  11. Modification: Any modifications to this payment plan must be agreed upon in writing by both the Student or the Student’s parent or Legal Guardian and MedNoc Training College.
  12. Cancellation: In the event of Program/Course cancellation by MedNoc Training College, all payments made by the Student will be refunded in full as per the Refund Policy.
  13. Governing Law: This agreement shall be governed by and construed in accordance with the laws of Oklahoma.
  14. Jurisdiction: The jurisdiction of this contract shall be governed by Oklahoma County, Oklahoma, United States of America.

Sponsors Tuition and Fees Payment Policy:

Companies, governmental organizations, non-governmental organizations, and all other business entities sponsoring students must pay their invoice in full within five (5) days from the program start date as indicated on the Enrollment Agreement signed by the student. Students will not be eligible to take the licensing/certification exam if their account has not been paid in full.

50
PROFESSIONAL INSTRUCTORS
87
NEW COURSES EVERY YEAR
25
LIVE SESSIONS EVERY MONTH
277
PROFESSIONAL TEACHER

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