Financial Security

The registrar may require some institutions to provide security - a financial instrument guaranteeing payment to the Ministry of Advanced Education if the institution cannot or will not reimburse amounts paid from the Fund. This determination is made after an institution applies for certification or re-certification.

• 8.1 Determining whether security is required
• 8.2 Determining the amount of security
• 8.3 Acceptable types of security
• 8.4 Reimbursing amounts paid from the Fund