Van Education Center Texas School Catalog

Van Education Center
4801 Riverbend Rd., #203
Boulder, CO 80301
1-800-509-0854 or 1-303-499-1621
Van Education Center/Texas is approved and regulated by Texas Real Estate Commission (TREC)

The mission of Van Education Center/Texas (VanEd) is to create quality distance-learning real estate education courses that meet the needs of students and the requirements of the real estate industry. A goal of VanEd is to help real estate agents maintain professional competency in order to protect the public interest.

Table of Contents

  1. School Ownership and Faculty
  2. Enrollment and Fees
  3. Grading Policy
  4. Refund Policy
  5. Termination and Complaint Procedures
  6. Inactive Status
  7. Course Content
  8. Preparation for the State Examination

I. School Ownership and Faculty

Van Education, LLC ("the School"), is owned and operated by C. Vann Hilty and Burton Lee. VanEd Texas is operated by Silver Buffalo Consulting, Inc. The School faculty is available to registered students by email at texasinfo@vaned.com or on the Internet at http://www.vaned-texas.com. All email communications shall be answered as promptly as possible and no later than the next business day. At present, the School offers core courses that meet the prelicense education requirements of the Texas Real Estate Commission to apply to take the test for a salesperson's license. These courses also satisfy SAE requirements. The courses are:
  1. Principles of Real Estate [equivalent 60 classroom hours]
  2. Law of Agency [equivalent 30 classroom hours]
  3. Law of Contracts [equivalent 30 classroom hours]
  4. Real Estate Investments [equivalent 30 classroom hours]
  5. Real Estate Mathematics [equivalent 30 classroom hours]
  6. Real Estate Finance [equivalent 30 classroom hours]
  7. Property Management [equivalent 30 classroom hours]
  8. Real Estate Law [equivalent 30 classroom hours]
  9. Real Estate Appraisal [equivalent 30 classroom hours]
Please refer to the TREC website for details on all requirements for a license application at http://www.trec.state.tx.us/licenses/salesapp.asp

Texas real estate license law requires an applicant for a real estate license to be at least 18 years of age, a citizen of the United States (or a lawfully admitted alien,) and a legal resident of Texas. The School will accept any student who is at least 17 years old.

II. Enrollment and Fees

Tuition for the 210 credit-hour real estate prelicensing education courses is $685.00. Tuition and may be paid by check, Discover, Visa or MasterCard. The tuition includes Texas Real Estate, 9th Edition, Charles J. Jacobus, as well as the VanEd online course work. Tuition for individual Core Courses is assessed at $115 per 30 credit-hour increments.

A $25.00 service charge will be assessed upon the return of any check.

III. Grading Policy

Students must complete all quizzes, exercises, unit exams and the final exams that correspond with each course. The student must correctly answer at least a 75 percent of the final exam questions to pass each course. All exams are taken online with the grades being posted immediately. In the event a student does not pass, the student may re-take the exams.

Because courses are offered through distance learning (individualized instruction method), students can work at their own pace. However, the refund policy is based on the student studying at least 16 hours per week, with all courses being completed within thirteen weeks. (See refund policy below.) Please note that students who can maintain this schedule have a better chance of retaining the information and passing the state exam than those who spread their study over a longer period of time.

The School maintains a Student Progress Report showing the commencement date, date of receipt of Completion Certificate, date each exam was taken, and scores given. The student, upon request, will be given a copy of his progress report.

IV. Refund Policies

General Refund Provisions
  1. To receive a refund, any textbook provided by the School must be returned at the student's expense. Refunds will be issued when the School receives the textbook, provided it is in its original condition as determined solely by the School. Failure to return the textbook, or returning a textbook in unsuitable condition will result in a $50 reduction in the refund amount. (Note: If the text was sent outside the continental United States, and is not returned as indicated above, the reduction in the refund will be equal to the cost of shipping incurred by the School + $50.)
  2. There shall be a full refund of payment if the School terminates a student enrollment per Section V below, subject to the book return provision.
  3. For all School programs and courses, students may request a full refund within two (2) calendar days after payment is received. The refund amount may be reduced subject to the textbook return provision.
  4. There shall be a full refund of payment in the event the School discontinues a course / program before the student could have reasonably completed the course / program, subject to the book return provision.
  5. Should the School cease to operate, students shall receive a full refund for any course for which the student is not entitled to a Certificate of Completion.
  6. The School will consider requests to transfer a course registration to another student provided that a Certificate of Completion has not been issued. The student will be assessed a $25 administrative fee. All transfers will be irrevocable.
Program Specific Refund Provisions

210 hour & 180 hour Programs:
If a student has paid the full cost of the course in one payment at the beginning of the program, beyond two (2) calendar days from the payment date, a $150 administrative fee will be deducted from any refund. Refund amounts are calculated daily on a straight-line basis until the refund amount reaches "0" on the 92nd day after payment is received. An example is shown below for a $680 payment:

Days from Payment Date      Refund Amount (assumes textbook return)
0 - 2$680
3$530 ($635 minus $150 admin fee)
33$353.33
63 $176.67
93 and beyondno refund

Installment Payments: If a student elects to make installment payments toward the cost of any program, the refund for cancellation during the first two days after the initial payment date will be the amount paid less a $50 administrative fee and less $50 for the cost of the text. If the text is returned to the School consistent with the provisions of paragraph 1 of General Refund Provisions, the refund will not be reduced by the text cost.

All other courses / programs:
Beyond two (2) calendar days from the payment date, no refunds will be issued unless the School ceases to operate or cancels the course / program as provided in General Provisions (4) and (5) above.

V. Termination and Complaint Procedures

Students may have their enrollment terminated by the School for the following reasons:
  1. Nonpayment of tuition
  2. Student gives notice to the School to terminate
  3. Disruptive behavior during personal instruction
  4. The School, at its sole option, may terminate a student if it determines the student is not using the course material in the manner in which it was designed. If the School uses this option, the total fee shall be refunded, subject to the book return policy detailed above.
  5. Students who have a complaint concerning the School should communicate with the School in an attempt to resolve the complaint. If no resolution is possible, the student may file their complaint with the Real Estate Commission of Texas.

VI. Inactive Status

Students who wish to reactivate shall notify the School, providing such updated information as the School may request. There is a $75 administrative reactivation fee. The cost of providing updated materials shall be borne by the Student.

For a student to reactivate, the student shall communicate with the School by email, or letter, stating the student's intent to pursue his or her real estate education. The student shall have 2 months from re-activation to complete the course work.

VII. Course Content

Goals The goal of the School is twofold:
  1. To prepare a non-licensed individual for the state of Texas Salesperson real estate license exam by completing the Texas Real Estate Commission educational requirements and
  2. To help prepare a non-licensed individual for a career in real estate.
Upon completion of the course, the student will have a basic working knowledge of the real estate industry.

Previous Training

If you have a transcript from another educational institution that shows real estate related courses; you are encouraged to check with the Texas Real Estate Commission to determine if any prelicense education requirements can be met by those courses. Any additional courses can be taken from VanEd.

Transferability

The School does not guarantee the transferability of its credits to any other educational institution. It is solely up to the receiving school to determine whether credits will be accepted.

Placement Assistance

The School does not provide assistance or counseling for graduates in arranging interviews with real estate brokerages.

Delays in Course Completion:

While we impose no time limit on your completion of courses, course content will change periodically as new laws, cases, procedures and forms come into being. Therefore, if you take more than 6 months to complete courses, it is possible that a course you have already completed may have changed. As a result, we encourage you to complete the course material as rapidly as possible. If there has been a substantial delay, we encourage you to review courses already completed for changes.

VIII. Preparation for the State Examination

License examinations are administered by PSI. Once your application has been received, processed and accepted, a Candidate Information Brochure (CIB) will be mailed to you within 48 hours. The CIB will provide all the information and instructions for making a reservation to take the examination. The CIB also contains study material and instructions about licensing (Note: you may download a copy of the CIB from PSI's web site).