If a student is not 18 years old, a parent or legal guardian must co-sign the document. If a student is 18 or older, the student must sign the contract, the parent may not sign for the student. The additional tuition will be divided between the remaining payments. A reduction in tuition may be reduced evenly between the two remaining installment payments. No new contract in needed.
Tuition is due the dates indicated above.
There is no grace period. Any student who did not pay timely in the previous semester will not be allowed to use the installment credit plan for the current semester. This denial is in effect if the default was for one payment or more, and regardless of the amount of the default.