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FORM 12 PRIVATE EDUCATION ACT (No. 21 of 2009) PRIVATE EDUCATION REGULATIONS ADVISORY NOTE TO STUDENTS You are strongly encouraged to thoroughly research on the private education institution (PEI)
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Obtain a 421i student contract form from the appropriate office or website.
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Fill in all personal information accurately, including full name, student ID number, and contact information.
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Review the terms and conditions of the contract thoroughly to ensure understanding.
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Sign and date the contract at the designated spaces.
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Submit the completed contract to the necessary office or department for processing.

Who needs 421i student contract?

01
Students who are participating in a program or course that requires a 421i student contract.
02
Institutions and organizations that require students to sign a 421i student contract for legal or administrative purposes.
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The 421i student contract is a legal document that outlines the terms and conditions under which students are eligible for certain tax benefits or exemptions related to educational properties and services in New York City.
Students who are claiming benefits under the 421i program, which typically applies to full-time students residing in specific property types that qualify for tax exemption or relief, are required to file the 421i student contract.
To fill out the 421i student contract, students must provide personal information, including their name, address, and educational institution, and confirm their full-time student status. Specific sections of the contract will require supporting documentation to verify enrollment.
The purpose of the 421i student contract is to ensure that full-time students can appropriately claim property tax benefits or exemptions, thereby making housing more affordable for those pursuing education.
The 421i student contract must report students' names, addresses, dates of birth, educational institution details, and proof of enrollment as a full-time student.
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