A license expires on the last day of the calendar year and may be renewed upon application to the director as prescribed by the director’s regulations. Each application for an original or    renewal school license must be accompanied by a fee of twenty-five dollars, and each application for an original or renewal instructor’s license must be accompanied by a fee of ten dollars. These fees must be deposited in the state treasury in the state highway fund. License fees may not be refunded in the event any license is rejected, suspended, or revoked.