1. (a) For small schools, if a certificate of approval is issued for more than one year, the renewal fee is $1,001, which may be paid with $501 the first year and $250 on the anniversary date of the certificate for each subsequent year.
2. (b) For all other schools, the renewal fee is based on the gross amount minus refunds of annual student tuition and fees. The Commission will establish the renewal fee on an annual basis, based upon the cost of administration of the chapter. The renewal fee will be set in accordance with the provisions of §132.201 of the Texas Education Code.
3. (c) For all schools, the Commission shall assess a penalty of 10% of the renewal fee, not less than $200 or more than $1,000, if the school fails to file a complete application for renewal at least 30 days before the expiration date of the certificate of approval.

Source Note:The provisions of this §807.152 adopted to be effective August 28, 2006, 31 TexReg 6803; amended to be effective September 17, 2007, 32 TexReg 6378.