1. The fees imposed pursuant to this section must be collected by the Administrator and deposited in the State Treasury to the credit of the State General Fund, and no fees so collected are subject to refund.
2. The fees are:
3. In addition, the Administrator shall collect from each licensed postsecondary educational institution a fee of $4 for each student from which the institution has received tuition or registration fees. The institution shall collect this fee from each such student at the time of the student’s initial enrollment with the institution. On or before the first day of January, April, July and October, the institution shall transmit to the Administrator the fees collected pursuant to this subsection during the preceding quarter. The Administrator shall deposit the fees so transmitted with the State Treasurer for credit to the State General Fund.