Training Completion Assurance Fund (TCAF)

The Training Completion Assurance Fund protects students enrolled in an approved vocational program who are impacted by a premature closing of a participating Private Career College by providing them the option to either complete their training at an alternate institution, or receive a partial refund for prepaid unearned fees. The data is included in the annual Training Completion Assurance Fund report provides information related to disbursement of funds to students and the number of colleges closed in the associated year.