Common use of Payment Policy Clause in Contracts

Payment Policy. A tuition check must be received at the preschool by the first of every month in which a payment is due, according to the selected payment option. If tuition is not received by the expected date a reminder will be issued. A 10% late fee will be charged to payments not received by the 7th of the month. If payment is not received by the 10th of the month it is due, the child will not be allowed to attend preschool until payment is received. The same process applies to late fees and special charges.

Appears in 6 contracts

Samples: Tuition Policy Agreement, Tuition Policy Agreement, Tuition Policy Agreement

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