This offers many advantages, not the least of which is the reduction in the time spent tracking down paper agreements. If your school has already completed its online contract or is considering doing so, it is important to implement the following practices to ensure that your agreement is binding and enforceable: Why are enrollment contracts common at for-profit universities? The initial impetus seems to have been consumer protection. We found a number of states that require private post-secondary schools to provide students with a contract that specifies the name and duration of the educational program the student enrolls in, the cost, and the reimbursement policy. Several states include additional disclosure informing the student that the program does not guarantee employment. Some include a cancellation process for students who change their minds, such as Texas (three days) and California (seven days). . . .