Common use of Late Fees and Additional Charges Clause in Contracts

Late Fees and Additional Charges. A $25.00 late fee is assessed if payment has not been received by the close of school on the date due. If the account remains xxxxx- xxxxx, an additional finance charge of 10% will be assessed on the balance due and will be added on the first of each month until the balance is paid in full. After two weeks, the student may not be allowed to return to school until full payment is received. Re-