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§ 74002. Definitions.

5 CA ADC § 74002Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 5. Education
Division 7.5. Private Postsecondary Education
Chapter 4. Institutions -- General Provisions
Article 1. Fees and Payment Schedule
5 CCR § 74002
§ 74002. Definitions.
Currentness
(a) “Annual fee” or “annual institutional fee” is the fee required by subdivision (d) of section 94930.5 of the Code.
(b) “Annual gross revenue” means all revenue such as tuition, fees, and other charges derived by an institution, during its last fiscal year ending before the due date of an annual fee payment, from any source for any education, instruction, training, or any services incident thereto. “Annual gross revenue” does not include unearned tuition and refunds. An institution shall account for “annual gross revenue” in accordance with generally accepted accounting principles.

Credits

Note: Authority cited: Sections 94803 and 94877, Education Code. Reference: Section 94930.5, Education Code.
History
1. New section filed 11-15-93 with Secretary of State pursuant to Governor's decision to overturn OAL's decision of disapproval; operative 12-15-93 (Register 93, No. 47).
2. Change without regulatory effect amending subsection (c), repealing subsections (j)-(j)(4) and amending Note filed 10-22-2001 pursuant to section 100, title 1, California Code of Regulations (Register 2001, No. 43).
3. Amendment of section heading, section and Note filed 2-1-2010 as an emergency; operative 2-1-2010 (Register 2010, No. 6). A Certificate of Compliance must be transmitted to OAL by 8-2-2010 or emergency language will be repealed by operation of law on the following day.
4. Amendment of section heading, section and Note refiled 7-30-2010 as an emergency; operative 7-30-2010 (Register 2010, No. 31). A Certificate of Compliance must be transmitted to OAL by 10-28-2010 or emergency language will be repealed by operation of law on the following day.
5. Certificate of Compliance as to 7-30-2010 order transmitted to OAL 10-7-2010 and filed 11-18-2010 (Register 2010, No. 47).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 5, § 74002, 5 CA ADC § 74002
End of Document