Alabama Laws
Distance Education Laws - Private Institutions
Question:
What is the calculation?
Answer:
"All private postsecondary institutions, except those enumerated in Section 16-46-3, shall be required to establish financial stability by surety acceptable to the Department of Postsecondary Education in the penal sum of not more than twenty thousand dollars ($20,000). The sum required to provide prepaid tuition liability shall be established by the Department of Postsecondary Education..."
This answer is derived from 1 section of law
Citation:
since 2016-06-23
verified through 2016-07-01