32-06-01-07. Financial requirements.

1. Fee transparency. The sponsor or establishment shall provide an apprentice with a clear, itemized, written disclosure of all program costs, including tuition, fees, books, kits, and supplies prior to signing the apprenticeship agreement.

2. Cost limitations. The sponsor or establishment shall adhere to maximum allowable tuition and fee structures established by the board.

3. Payment plans. Prior to signing the apprenticeship agreement, the sponsor or establishment shall provide a written, reasonable, interest-free payment plan option for any program costs.