Can I get my deposit back from a school if the form says “no refunds”?

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Can I get my deposit back from a school if the form says “no refunds”?

I put a deposit down in for a spot for the school year starting next month. I told the school in early this month that my son wouldn’t be attending. Is there ant way to get my deposit back? I spoke to one director who said he would give me a credit for when my son wanted to attend. I said I would like to transfer my credit to someone else (I would get cash from them) who is attending.

Asked on August 29, 2012 under Business Law, New Jersey

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

So many parents put down deposits for their children but generally speaking, if the form says no refunds you may be stuck.  Unless you have some thing in writing from a person who can make that promise at the school it may be a lost cause.  And transferring is probably not an option.  Good luck.


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