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What is the strf?

Student Tuition Recovery Fund. If you are a California resident who was financially harmed after attending a private postsecondary educational institution, you may be eligible for relief through the Student Tuition Recovery Fund (STRF).

What is the Student Tuition Recovery Fund?

The STRF is a fund administered by the Bureau for Private Postsecondary Education (Bureau) that relieves or mitigates economic loss suffered by a student while enrolled in a qualifying institution - generally, one that is approved or registered by the Bureau.

How to calculate strf?

STRF is calculated as a certain amount (STRF Rate) for each $1,000 in the sum of the charges. STRF Rate is set individually in each groups settings: The total students charges amount is rounded and each $1,000 has the amount equal to the STRF rate. Rounded to closes $1000 by standard rules (e.g., $1,600 $2,000).

Who is eligible for strf in California?

At the time of his or her enrollment, the student must have been a California resident or enrolled in a California residency program, prepaid tuition, and suffered economic loss.

How much is the STRF fee for BPPE?

Effective April 1, 2024, the Student Tuition Recovery Fund (STRF) assessment rate will change from two dollars and fifty cents ($2.50) per one thousand dollars ($1,000) of institutional charges to zero dollar ($0.00) per one thousand dollars ($1,000) of institutional charges.

bppe exempt status

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