Explore Our Money-Back Guarantee Programs
The Money-Back Guarantee (MBG) Program is a tuition refund initiative created by the Florida Legislature in 2021 through the Reimagining Education and Career Help (REACH) Act (Florida Statute 1011.803).
The program provides eligible students with a full tuition refund if they are unable to secure employment in their field of study within six (6) months of graduation from an eligible program. An offer of employment in the field of study is considered securing a job, even if the graduate chooses not to accept the position.
At Lake-Sumter State College (LSSC), the MBG Program currently applies to the following programs:
- Associate in Science in Nursing (CIP 1351380100)
- College Credit Certificate in Medical Information Coding and Billing (CIP 0351071404)
- College Credit Certificate Electrical Utility Lineworker Basic (CIP 0646030303)
Students who are enrolled in one of these qualifying programs are automatically considered participants in the MBG Program and do not need to complete a separate application to join.
Program Eligibility Requirements
To remain eligible for the MBG Program, students must:
- Enrollment & Academic Performance
- Maintain continuous, full-time enrollment (per the LSSC Catalog).
- Successfully complete all program requirements within the published program timeframe.
- Meet minimum grade and performance standards as required by the program, including completion of all required courses with a grade of C or better.
- Remain in good standing throughout the program, meaning students cannot have sanctions from a conduct violation or move into an academic warning, probation, or suspension status.
- Maintain continuous, full-time enrollment (per the LSSC Catalog).
- Professional Credentials & Exams
- Pass all credential or licensure exams associated with the program.
- Career Development Requirements
- Complete the Self-Paced Canvas MBG Module with support of the LSSC Office of Career Development, which includes the following:
- Student Career Plan during the first semester of enrollment.
- A professional résumé and cover letter.
- Interview preparation and a minimum of one mock interview.
- Provide verifiable documentation of attendance at a minimum of one Career Development event or workshop while enrolled.
- Complete the Self-Paced Canvas MBG Module with support of the LSSC Office of Career Development, which includes the following:
- Job Search Documentation & Career Planning
- Actively seek employment in the field of study for at least six (6) months after program completion.
- Provide documentation of job search efforts: this should include submission of a minimum of 25 applications and participation in a minimum of 10 “good faith” interviews.
- Provide verifiable documentation that they have registered with Employ Florida and worked with the institution’s Career Services Office and/or local Career Source office/employment support agency to search for employment in the field of interest.
- Provide evidence of working with the institution’s Career Services Office and/or local career source/employment support agencies.
- Understand that an offer of employment in the field of study is considered securing a job, even if the graduate chooses not to accept the position.
- Financial & Other Standing
- Be in good financial standing with the college.
- Be legally eligible for employment in the U.S.; if a criminal background or other barrier disqualifies employment in the field, the student is not eligible.
- Where applicable, pass required background checks or drug screening required by employers.
- Students cannot be enrolled in a stackable program or continuing coursework in an advanced degree.
- Application Timing & Other Administrative Requirements
- Students in qualifying programs are automatically enrolled in the MBG Program.
- Apply for the MBG refund no later than 240 days after the eligible degree or certificate is conferred (this includes six months of job searching plus up to 60 days to apply).
Tuition Refund Process
Graduates who meet all MBG Program requirements and are unable to secure employment (or receive an offer, even if declined) in their field of study within six (6) months of program completion may apply for a full tuition refund.
The refund is for out-of-pocket resident tuition only; fees and other expenses (lab fees, uniform fees, student activity fees, financial aid fees, testing/examination fees, textbooks, etc.) are excluded.
Refund eligibility will be verified by the Office of Career Development and the Registrar’s Office.
Eligible Programs
College Credit Certificate
Medical Information Coding and Billing