If you fail to make a monthly payment for the Deferred Tuition Agreement, you will need to refer to the terms listed on the contract when you apply with our financing provider. They will list the options in the contract - make sure you read through them carefully and arrange a call with them in case anything is confusing. We do not get involved in the collection process directly.   If you fail to make a monthly payment for the monthly payment plan financing, you will be given a courtesy notice. After 5 days of grace period, your enrollment will be terminated until your payment is provided to us again.