405/2003

O.C. 1067/2003

November 7, 2003

Degree Authorization Act

Degree Authorization Regulation

[Last amended September 1, 2024 by B.C. Reg. 208/2024]

405_2003_pit

Interpretation

In this regulation:

Act means the Degree Authorization Act ;

consent holder means a person to whom the minister gives consent under

section 4 of the Act in respect of a program;

program means each program leading to a degree proposed by an applicant for consent or in respect of which consent has been given to a consent holder;

security has the same meaning as "bond" as defined in the Bonding Act ;

unearned revenue means prepaid tuition fees and deposits on tuition paid by or on behalf of a student that are not yet earned by the applicant for consent or consent holder because the portion of the program to which the fees or deposits relate has not been delivered, but does not include

registration fees of less than $100,

payments received directly from a student's employer, or

Security

For the purposes of

section 4 (4) (

a) of the Act, security is prescribed respecting all applicants for consent and consent holders, except for the following:

Trinity Western University;

Seminary of Christ the King;

a public post-secondary institution.

An applicant for consent must give security for a program that is

acceptable security under

section 7.403 of the Bonding Regulations, and

subject to subsection (3), in an amount that is calculated by

making a projection of unearned revenue for 12 consecutive calendar months beginning on the month during which the applicant gives security,

identifying the highest monthly amount of unearned revenue from the projections made under subparagraph (i), and

iii

multiplying the highest monthly amount identified under subparagraph (ii) by 0.75.

The amount of security given in respect of all programs must be at least $100 000.

A consent holder must maintain security for a program that is

acceptable security under

section 7.403 the Bonding Regulations, and

subject to subsection (5), in an amount that is calculated by

making a projection of unearned revenue

for 12 consecutive calendar months beginning on the month during which the consent holder gave security under subsection (2),

for each calendar month beginning on the August 1 following the date consent is given and ending on July 31 of the subsequent year, or

for each calendar month during a subsequent year, beginning on August 1 and ending on the following July 31

whichever is applicable,

identifying the highest monthly amount of unearned revenue from the projections made under subparagraph (i), and

iii

multiplying the highest monthly amount identified in accordance with subparagraph (ii) by 0.75.

The amount of security maintained must

if for any month the actual unearned revenue of the consent holder is expected to exceed the amount of unearned revenue projected and calculated under subsection (4) (b), be immediately re-calculated and adjusted by multiplying the expected actual unearned revenue for that month by 0.75, and

be at least $100 000 in respect of all programs.

A consent holder must

notify the minister of a re-calculation and adjustment of the amount of security under subsection (5) (a), and

provide evidence that is satisfactory to the minister that security is being maintained in accordance with this section, annually and when requested by the minister.

Application fees

An applicant for consent must pay to the Minister of Finance, for an item described in column 1 of the table below, the fee set out in column 2 opposite that item.

Column 1 Item

Column 2 Fee

Application for consent to do a thing described in

section 3 (1) [confer or grant degrees] of the Act

$10 000

Application for renewal of consent to do a thing described in

section 3 (1) of the Act

$7 500

Application for consent to do a thing described in

section 3 (2) [use the word "university"] of the Act

$15 000

Application for renewal of consent to do a thing described in

section 3 (2) of the Act

$10 000

Conduct of review for quality assessment

$6 000 in respect of the chair of the quality assessment panel

$4 500 in respect of each member of the quality assessment panel

[en. B.C. Reg. 208/2024.]

Annual fees

On August 31 of each calendar year in which a consent is in force, a consent holder must pay an annual fee to the Minister of Finance.

The annual fee referred to in subsection (1) is

$5 000, plus

$3.25 for each student enrolled in a program of the consent holder for all or part of the period from August 1 of the previous calendar year until July 31 of the calendar year in which the fee must be paid.

[en. B.C. Reg. 208/2024.]

[Provisions relevant to the enactment of this regulation: Degree Authorization Act , S.B.C. 2002, c. 24, s. 9.]