|(a) The Commission may approve specific admission requirements for seminars and small schools. (b) Small schools with programs with course time of 40 hours or less, individual class offerings, and seminars are not required to grant credit for previous education and training. (c) The school shall make appropriate adjustments to the program length and price based upon credit granted for previous education and training, where warranted. (d) For a school having specific term-beginning dates, a school may not start students after the third day of classes during any given term, except in those cases where appropriate credit for previous education and training has been given according to the Act and this chapter. (e) A continuously enrolled student has the right to graduate under the academic requirements stated in the catalog in effect at the time of the student's enrollment.