PROGRAM COSTS AND PAYMENT TERMS Sample Clauses

PROGRAM COSTS AND PAYMENT TERMS. A. PROGRAM FEES. The Student is accepted with the expectation that the Student will complete the entire Program. The Program Fee is $6,560 per month, defined as monthly tuition plus therapy and professional fees. If the participant arrives during a month, pro-rated tuition for the arrival month (based on the single month rate) is due upon enrollment. In addition to the first month’s tuition, there is a one time non- refundable Enrollment Fee of $2,500 dollars chargeable to and payable (cash or credit card) by the Sponsor after confirmation by Swift River of the scheduled arrival date of the student. This fee is utilized for administrative and other related internal expenses associated with the personal evaluation and screening process done by Swift River as provided in Section 2 of this Agreement. If Student graduates from the Program during a month, the remaining portion of the final month's tuition, less any incidental or damage expenses incurred by Student, will be refunded. Sponsor is responsible for ensuring payment is made on time, regardless of whether or not a monthly invoice or statement is provided by Swift River. ▇▇▇▇▇▇▇ agrees to pay all attorney fees, court costs, filing fees, and charges or commissions that may be assessed by any collection agency retained to pursue collection of any outstanding sums. Sponsor acknowledges that except as provided herein, this Enrollment Fee is needed for Swift River to budget for the Program as well as the fact that Student will be filling one of a limited number of openings in the Program. Sponsor acknowledges that an additional deposit of $13,120 is due upon enrollment for all entering seniors and students reaching their 18th birthday during their program. This deposit shall be forfeited if the student is withdrawn before program completion without the Director’s consent.