Common use of LATE PAYMENT POLICY Clause in Contracts

LATE PAYMENT POLICY. Tuition payments due on the 1st of each month are considered delinquent after the 10th of the month when a $150 late fee will be assessed. An NSF check/ACH debit is considered a late payment and an additional $25 returned payment fee will be assessed. After two NSF’s, ACH payments will no longer be accepted. Cash or money orders will be the only acceptable form of payment. For your convenience, OCS allows the yearly tuition to be paid in 12 monthly payments, beginning in June. Families are making a commitment to a full semester of tuition for each semester the student attends OCS. There will be no tuition or fee refunds for non- attendance or any other reasons.

LATE PAYMENT POLICY. Tuition payments due on the 1st of each month are considered delinquent after the 10th of the month when a $150 late fee will be assessed. An NSF check/ACH debit is considered a late payment and an additional $25 returned payment fee will be assessed. After two NSF’s, ACH payments will no longer be accepted. Cash or money orders will be the only acceptable form of payment. For your convenience, OCS allows the yearly tuition to be paid in 12 monthly payments, beginning in June. Families are making a commitment to a full semester of tuition for each semester the student attends OCS. There will be no tuition or fee refunds for non- non-attendance or any other reasons.