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. 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.
Effective February 8, 2021, the Student Tuition Recovery Fund (STRF) assessment rate changed from zero ($0) per one thousand dollars ($1,000) of institutional charges to fifty cents ($.50) per one thousand dollars ($1,000) of institutional charges. (5, CCR Section 76120)
Institutions approved or registered with the Bureau are required to comply with the following STRF requirements:
Include STRF disclosures on both its enrollment agreement and school catalog (5 CCR Section 76215)
Collect STRF assessments (if applicable) from enrolling students who are CA residents or in a CA residency program (5 CCR Section 76120)
The student or third-party payer will pay the STRF fee at the time the first payment is made to the school (5 CCR section 76130)
Submit quarterly STRF Assessment Reporting Form and remit payment (if applicable) to the Bureau (5 CCR Section 76130)