The bill amends RCW 28B.85.230 to enhance consumer protections for students in the event of school or program closures. It establishes a student achievement council tuition recovery trust fund to provide relief to students affected by violations of consumer protection requirements by schools regulated under this chapter. The bill removes the previous language regarding voluntary or involuntary school closures and broadens the scope of the fund to cover any consumer protection violations. Additionally, it mandates that schools make cash deposits into the trust fund and outlines the council's responsibilities in managing these funds, including notifying schools of deposit schedules and settling claims.

Furthermore, the bill introduces a new section that requires institutions discontinuing operations or educational programs to either provide a teach-out opportunity for students or enter into a transfer agreement with another accredited institution. This agreement must not increase costs for students and must meet specific criteria to ensure a smooth transition. Institutions that fail to comply with these requirements are obligated to refund tuition and fees to affected students, and any institutional debt incurred by students in such cases is rendered void. This legislation aims to protect students' rights and ensure they have viable options in the event of program discontinuation.

Statutes affected:
Original bill: 28B.85.230