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If a student withdraws or graduates and has a positive balance of less than $5.00, the balance may be receipted into the school lunch fund where the school lunch program funds are maintained. If a student withdraws or graduates with a positive balance greater than $5.00, the parent shall be notified by mail and given the option of receiving a refund within 30 days. If no response is received within 90 days, the account will be closed and the funds will no longer be available.

No refund will be issued for funds under $5.00 unless specifically requested by the parent. Unclaimed balances will be transferred to the school lunch fund where the school lunch program funds are maintained. These funds will be reported to the City of Cape Coral with all corresponding backup (names and amounts) and forwarded to the Florida Treasure Chest for report of unclaimed property.

Approved by Cape Coral Charter School Authority School Board on August 14, 2018