How long is the contract valid?
The contract is valid for 10 years from the beneficiary’s projected enrollment date. As a result, if the student is held back a grade, or decides to wait a few years before enrolling in college, the contract benefits will be available when the beneficiary does enroll. The 10-year contract period will be extended for any time during which a beneficiary is enlisted in military service. The contract may be extended for another 10-year period upon Board approval. The Board may assess renewal fees at that time. Tuition, local fee, and dormitory benefits not extended prior to the 10-year expiration period will be forfeited.
Find out the length of your agreement and ask about any additional renewal fees. Will the contract be automatically renewed or will you be able to reconsider when your current contract expires? Find out if the company is bonded and insured. Ask for the name of the insurance and bonding company and verify. What is your success rate? Ask for referrals and follow up on them. Request contact information for at least three or four successful candidates and call them to gauge their experiences. What information do you require from applicants? Do not provide your Social Insurance Number or credit card number. If a photograph or video is required, you must decide how comfortable you are with supplying these items. You will have to write in your wishes, interests and requirements (not to mention your dislikes) in detail on the form, because this information will provide the criteria used to find a match. Will personal information be kept confidential? Ask how many people will be seeing your pro
• Will the contract be automatically renewed or will you be able to reconsider when it expires? • What information does the company require from applicants? Take a look at the application and the personal questions posed to applicants. • Will personal information be kept confidential? Ask how many people will be seeing your profile, photograph or video and be aware of the company’s policy on releasing personal information, such as telephone numbers and addresses, before meeting potential dates. • Is the company bonded and insured? Ask for the name of the insurance and bonding company, and verify. • How long have they been in business? Ask for at least three referrals and follow up on them. Questionnaire Quick Tips Applicants are often required to write their wishes, interests and requirements in detail on a dating services application form. Here are some tips: • Be as clear as possible – this information will provide the criteria used to find a match. If you’re uncomfortable with certa
