McGuffey SD Awards Professional Services Contract to Penn Commercial Inc Dba Penn Commercial Business/technicial School (July 2026)

$16.00 per clock hour of instruction per student plus $2,382.70 year-one fee for textbooks, student kits and supplies per student; tuition may increase up to 4% annually; $16.00 per instructional hour for any teach-out period

PROFESSIONAL_SERVICES

Effective upon last signature for the 2026–2027 school year through the 2030–2031 school year, unless earlier terminated; teach-out obligations extend until all affected students complete the Cosmetology program

2031-06-30

Base term runs from the 2026–2027 through 2030–2031 school years with 60-day termination by either party; Penn Commercial may raise tuition up to 4% annually; contingent teach-out provisions survive any rejection of Sections 1–16 and remain effective until all enrolled students complete the program. No automatic renewal is specified.

Agreement