Common use of Holding Fee Clause in Contracts

Holding Fee. If a family is looking to take an extended break from enrollment, such as through the summer months, a holding fee will be required in order to secure space upon return. The holding fee will be charged on a weekly basis and is equal to one half of the classroom’s full-time rate. Families who choose to waive the holding fee are not guaranteed that a space will be available upon requested return date.

Appears in 2 contracts

Sources: Enrollment Contract, Enrollment Contract