THIS AGREEMENT INCLUDES AN ARBITRATION PROVISION. UNLESS YOU REJECT IT, IT WILL HAVE A SUBSTANTIAL EFFECT ON YOUR RIGHTS IN THE EVENT OF A DISPUTE WITH US. FOR EXAMPLE, IF WE REQUIRE YOU TO ARBITRATE ANY DISPUTE, YOU WILL NOT HAVE THE RIGHT TO A JURY TRIAL OR THE RIGHT TO PARTICIPATE IN A CLASS ACTION IN COURT OR IN ARBITRATION. ADDITIONALLY, THE ARBITRATION CLAUSE DOES NOT APPLY IF, AS OF THE DATE OF THIS CONTRACT, YOU ARE A MEMBER OF THE ARMED FORCES OR A DEPENDENT OF SUCH MEMBER COVERED BY THE FEDERAL MILITARY LENDING ACT.

In this Retail Installment Agreement (the “Agreement”), the words, “you” and “your” mean the Student [and cosigner, if applicable if Student is under 18] who signs this Agreement. The word “School” means .

A. DESCRIPTION OF SERVICES SOLD ON CREDIT:
Educational Services for the Enrollment Period beginning and ending on .

B. CASH PRICE:
The “Cash Price” is $. The Cash Price is the price at which School offers to sell for cash that portion of the School's educational services provided to you and that are being funded through this Agreement.

C. AMOUNT FINANCED (estimated):
The “Amount Financed” means the Cash Price of the portion of the educational services that you are financing under this Agreement. Since you might add or drop classes during the Academic Year, and since you might receive additional federal financial aid after you sign this Agreement, the Amount Financed is an estimate based upon all available information currently known to School. The attached Truth in Lending Act Disclosure Statement (“Disclosure”) contains an itemization of the Amount Financed and other information about this extension of credit. The Disclosure is incorporated by reference in this Agreement. In the event the actual Amount Financed is greater than the estimated amount, you will receive a revised Disclosure and another 30 day period in which to accept the terms.

D. FINANCE CHARGE:
There is no Finance Charge.

E. TOTAL SALE PRICE:
The Total Sale Price of $ is the sum of the Cash Price and the Finance Charge.

F. ACCOUNT BALANCE:
"Account Balance" means the Amount Financed under this Agreement, as adjusted from time to time for payments of principal.

G. PROMISE TO PAY:
In consideration for educational services that you have purchased from School, you promise to pay the Amount Financed under this Agreement. If you withdraw or cancel your Enrollment from the School prior to the termination of this Agreement, you promise to continue making payments as scheduled until your Account Balance has been satisfied.

If you are less than eighteen (18) years of age, you understand and agree that you must repay the Amount Financed, and that a parent or legal guardian will sign this Agreement as co-signer.

H. SUSPENSION OF ENROLLMENT AND OTHER SERVICES DUE TO NON-PAYMENT:
You agree to make all scheduled payments. You acknowledge that under this Agreement, the educational services provided to you are provided as an ongoing and continuing service. You agree that your enrollment at the School is contingent on timely making payments due and owing under this Agreement and that if you fail to make any scheduled payment, the School may deny you access to classes, school computers, or any other school services, to the extent permitted by applicable law. In addition, the School may ultimately administratively withdraw your enrollment at the School if you do not meet all of your obligations under this Agreement. You understand and acknowledge that your continued enrollment at the School is a term and condition of this Agreement.

I. TERMS OF PAYMENT:
You agree to make payments in person, electronically through the Student Portal or Virtual Campus, by calling , or by mail to our address shown below:

Payments will be applied to your current scheduled installment payment, and then any remainder to the next scheduled installment payment. To the extent permitted by applicable law, the School may accept late payments, partial payments or payments marked "payment in full" or having similar language, without waiving its rights under this Agreement.

J. SUBSEQUENT ACADEMIC YEAR:
The payments and amounts reflected in this Agreement may be based on and cover various periods of attendance at the School and may not reflect all the payments required to complete your degree program. Depending on your program, you may be required to pay additional tuition and fees for a subsequent academic year(s) that would exceed the Amount Financed associated with this Agreement. You understand that before you start your subsequent academic year(s), a Financial Aid Advisor will contact you to review your funding sources. The School's schedule of tuition and fees for its various degree programs is posted on its website at https://www.coloradotech.edu. Note that this schedule is updated periodically and may not be the schedule that was in effect at the date of your enrollment. Your program costs may also vary depending on your situation and the application of transfer or other credit. Please consult your Financial Aid advisor at for information concerning your total degree program costs and financial aid eligibility.

K. DEFAULT; ENTIRE BALANCE DUE:
You may be in default if you fail to make any part of an installment payment and such installment payment remains unpaid on the 30th calendar date after the due date.

Upon default, subject to any notice and right to cure period required by applicable law and after the application of the School's institutional refund policy, the Account Balance will be due and payable in full immediately.

L. RIGHT TO PREPAY:
You have the right to prepay all or any part of the Account Balance at any time without penalty.

M. WAIVER:
School will not lose any rights under this Agreement if it delays taking action for any reason. Any change to this Agreement must be in writing and signed by the School.

N. ASSIGNMENT:
You may not assign this Agreement or any of its benefits and obligations. School may assign this Agreement at any time.

O. APPLICABLE LAW:
This Agreement shall be governed by the laws of the State of , except to the extent federal law is applicable. Note: For California and Colorado residents, this Agreement (except for the Arbitration Agreement) shall be governed by the laws of the State of California or Colorado, respectively.

P. CREDIT INVESTIGATION:
You understand that if you fail to fulfill your obligations under this Agreement, including, but not limited to, making late payments, missing payments or defaulting on your repayment obligations under this Agreement, School may disclose that you have defaulted, or otherwise failed to fulfill your obligations under this Agreement, along with other relevant information, to credit bureau organizations and others who may lawfully receive such information. You also understand and agree that School or any parties authorized by School may check your credit and employment history in connection with this Agreement and for future extensions of credit that you may apply and for any other purpose authorized or permitted under applicable law.

Q. COLLECTION FEES:
If your Account Balance is in default we may refer you to a collection agency to collect the outstanding debt.

California and Pennsylvania Residents: We may collect the actual and reasonable costs of collection if you fail to communicate with us for 45 days after a payment default.

R. ARBITRATION AGREEMENT:
Any disputes, claims, or controversies between you and School arising out of or relating to (i) this Agreement; (ii) any relationship resulting from this Agreement, or any activities in connection with the Agreement (including, without limitation, the Application, the disclosures provided or required to be provided in connection with this Agreement, including, without limitation, the Truth in Lending Disclosure Statements, or the underwriting, servicing or collection of the amounts financed under this Agreement); (iii) any services related to this Agreement; (iv) any claim, no matter how described, pleaded or styled, relating, in any manner, to any act or omission regarding in any way the obligations of the parties to this Agreement; or (v) any objection to arbitrability or the existence, scope, validity, construction, or enforceability of this Arbitration Agreement, shall be resolved pursuant to this Section R (the "Arbitration Agreement"). Notwithstanding the preceding sentence, the parties' agreement to arbitrate does not include a claim of less than $5,000 brought in a small claims court or other similar court with limited jurisdictional amount and expedited procedure. For purposes of this Section R, the term "School" includes the School, its officers, directors, and employees, and its affiliates, subsidiaries, and parents, and any officers, directors, agents and employees of such entities. “You” means the Buyer and Co-Signer (if applicable). However, this Arbitration Clause does not apply to you if, as of the date of this Agreement, you are a member of the Armed Forces or a dependent of such member entitled to protection under the Federal Military Lending Act.

RIGHT TO REJECT: You may reject this Arbitration Agreement by mailing a signed rejection notice to Perdoceo Education Corporation, Attn: Legal, 1750 E Golf Rd, Schaumburg IL, 60173 within 30 calendar days after you sign this Agreement. Any rejection notice must include your name, address, e-mail address, telephone number and loan or account number.

Choice of Arbitration Provider and Arbitration Rules - Unless the parties agree to an alternative, the arbitration shall be administered by the American Arbitration Association ("AAA") before a single arbitrator and under the AAA's Consumer Arbitration Rules, and applicable supplementary rules and procedures of the AAA, in effect at the time the arbitration is brought. Information about the arbitration process can be obtained from AAA at www.adr.org, or 1-800-778-7879. Location of arbitration – All in-person hearings and conferences in the arbitration shall take place in a locale within the federal judicial district in which you reside, unless you and School agree otherwise. If your claim is for $10,000 or less, you may choose whether the arbitration will be conducted solely on the basis of documents submitted to the arbitrator, through a telephonic hearing or by an in-person hearing as established by the AAA Rules. If your claim exceeds $10,000, the right to a hearing will be determined by the AAA rules. Choice of Law - The arbitrator shall apply federal law to the fullest extent possible, and the substantive and procedural provisions of the Federal Arbitration Act (9 U.S.C. §§1-16) shall govern this Arbitration Agreement and any and all issues relating to the enforcement of the Arbitration Agreement and the arbitrability of claims between the parties. Costs, fees, and expenses of arbitration - Each party shall bear the expense of its own counsel, experts, witnesses, and preparation and presentation of proofs. All fees and expenses of the arbitrator and administrative fees and expenses of the arbitration shall be paid by the parties as provided by the Consumer Arbitration Rules of the AAA governing the proceeding, to the extent applicable, or by specific ruling by the arbitrator, or by agreement of the parties. Relief and remedies - The arbitrator shall have the authority to award monetary damages and may grant any non-monetary remedy or relief available by applicable law and rules of the arbitration forum governing the proceeding and within the scope of this Agreement. The arbitrator will have no authority to award consequential damages, indirect damages, treble damages or punitive damages, or any monetary damages not measured by the prevailing party's economic damages except as expressly permitted under the substantive law applicable to a party's claim. The arbitrator will have no authority to award attorney's fees except as expressly provided by this Agreement or authorized by law or the rules of the arbitration forum. If the arbitrator determines that any claim or defense is frivolous or wrongfully intended to oppress the other party, the arbitrator may award sanctions in the form of fees and expenses reasonably incurred by the other party (including arbitration administration fees, arbitrator's fees, and attorney, expert and witness fees), to the extent such fees and expenses could be imposed under Rule 11 of the Federal Rules of Civil Procedure. Class and consolidated actions - There shall be no right or authority for any claims within the scope of this Arbitration Agreement to be arbitrated or litigated on a class basis or for the claims of more than one Student to be arbitrated or litigated jointly or consolidated with any other Student's claims. Arbitrator's Award – At the request of either party, the arbitrator shall render a written award briefly setting forth his or her essential findings and conclusions. Judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction. Severability and right to waive - If any part or parts of this Arbitration Agreement are found to be invalid or unenforceable by a decision of a tribunal of competent jurisdiction, then such specific part or parts shall be of no force and effect and shall be severed, but the remainder of this Arbitration Agreement shall continue in full force and effect. Any or all of the limitations set forth in this Arbitration Agreement may be specifically waived by the party against whom the claim is asserted. Such waiver shall not waive or affect any other portion of this Arbitration Agreement.

THIS ARBITRATION AGREEMENT LIMITS CERTAIN RIGHTS, INCLUDING THE RIGHT TO MAINTAIN A COURT ACTION, THE RIGHT TO A JURY TRIAL, THE RIGHT TO PARTICIPATE IN ANY FORM OF CLASS OR JOINT CLAIM, THE RIGHT TO ENGAGE IN DISCOVERY, EXCEPT AS PROVIDED IN THE APPLICABLE ARBITRATION RULES, AND THE RIGHT TO CERTAIN REMEDIES AND FORMS OF RELIEF. OTHER RIGHTS THAT YOU OR SCHOOL WOULD HAVE IN COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATION.

S. ADDITIONAL PROVISIONS:
Changes to Your Information: You agree to notify School of any change in your name, address, phone number, e-mail address, and/or applicable school enrollment status within ten (10) days of such occurrence.

Communicating with you: You consent to School, its affiliates, agents, representatives, assignees and service providers (collectively, the “Messaging Parties”) communicating with you, in connection with your Application or this Agreement, using any phone number or e-mail address that you provided in the Application, or using any phone number or e-mail address that you provide in the future. You agree that the Messaging Parties may communicate with you using any current or future means of communication, including, but not limited to, automated telephone dialing equipment, artificial or pre-recorded voice messages, SMS text messages, e-mail directed to you at a mobile telephone service, or e-mail otherwise directed to you. THE MESSAGING PARTIES MAY USE SUCH MEANS OF COMMUNICATION EVEN IF YOU WILL INCUR COSTS TO RECEIVE SUCH PHONE MESSAGES, TEXT MESSAGES, OR E-MAILS. To the extent you have the right under applicable law to revoke this authorization, you agree you may do so only by email to PrivacyMatters@perdoceoed.com

Truthfulness of Information: You represent that you have not made any false written statement with respect to this Agreement.

Enforceability: If any provision of this Agreement is determined to be unenforceable or is prohibited by law, such provision shall be considered ineffective without invalidating the remaining provisions of this Agreement.

Bankruptcy: You understand that your Agreement may be subject to limitations on dischargeability in bankruptcy established by Section 523(a)(8) of the United States Bankruptcy Code. Further, any communication with us required or permitted under the Federal Bankruptcy Code must be in writing, must include your name and the date of this Agreement and must be sent to us at Perdoceo Education Corporation, Attn: Student Accounts Admin Team, 1750 E Golf Rd, Schaumburg IL, 60173 or any subsequent address we provide.

Military Lending Act: The Military Lending Act provides protections for certain members of the Armed Forces and their dependents (“Covered Borrowers”). The provisions of this section apply to Covered Borrowers.

Statement of MAPR: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an Annual Percentage Rate of 36%. This rate must include, as applicable to the credit transaction or account: (1) the costs associated with credit insurance premiums; (2) fees for ancillary products sold in connection with the credit transaction; (3) any application fee charged (other than certain application fees for specified credit transactions or accounts); and (4) any participation fee charged (other than certain participation fees for a credit card account).

Oral Disclosures: Before accepting this Contract, in order to hear important disclosures and payment information about this Contract, you may call (833) 670-9871.