....and when the school file bankruptcy, suddenly the students' money "kept" separatly goes in the pocket of the last guy closing the door (usually the manager)!
that way you are safe, the cops can not get the hand on it if it looks as though they are going to jail!
Hope this helps
H.
posted 22nd August 2003 20:08
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There are schools that have a separate student fees account. The money is kept separate from the money used to run the FTO. That way they know that the money is available for them and you are safe because they can't get their hands on it if it looks as though they are going out of business.
Hope this helps
AP