The possible applicability of the law of truth to a school`s registration contract is often overlooked. If a school calculates a funding fee or authorizes a study payment plan of five or more payments, the school must provide parents with disclosure of the law of truth at the time of the conclusion of the registration contract. It is important to review your school`s contract to determine if such disclosure is necessary. Clear language on the school`s ability to impose a financial obligation in the event of a student`s resignation or dismissal before the contract expires is an essential element of the registration contract. On this point, some courts have even been involved in the discussion and have set other parameters as to when the court will impose (and will not respect) the obligation for a parent to pay tuition fees after cancellation or withdrawal. Schools should carefully develop these provisions in order to comply with state law, but they should also clearly and unambiguously describe the circumstances in which they repay the down payment, reimburse tuition fees paid and/or consider waiving the obligation to study. When students choose to go to university, they have every reason to believe that the university is on their side, which leads them to academic success and a bright future. A university that exploits students at this time of optimism and asks them to sign their rights does not deserve the support of the taxpayer. Shortly after the course contract was signed, Ralph expressed his new commitment to his parent to the Century Foundation, which checked the contract documents and encouraged Ralph to reconsider his decision to register. When Ralph tried to terminate the contract, the Online Trading Academy asked him to return the contract and other materials before dismissing him from his employment. Photographs of the registration agreement show that it contained a forced arbitration clause and an agreement that “each dispute resolution procedure is conducted on an individual basis.” Tuition fees would have received an interest rate of 17.9 per cent if they had not been paid immediately. These registration contracts – formal, legalistic agreements – are generally not found in traditional higher education and contain a language that indicates the options that each signatory has in a number of situations that probably seem purely hypothetical to most participants.