Tuition and Payment Plan Policies
The total tuition for the school year is divided into four or eight equal payments. Each payment does not cover the tuition for the payment period; rather, it is 1/4 or 1/8 of the total tuition based upon the payment plan.
There is a 15-day grace period after each scheduled due date. Payments received after the grace period will be automatically assessed a $25.00 late fee. Changes to payment plan will be assessed a $25.00 fee.
For families who have more than one family member enrolled in lessons for the entire academic year, a tuition discount will be given. A 5% discount will be given for the second member and a 10% discount for any additional family members. The discount will be assessed upon the lowest value tuition and is not applicable to any fees. Accounts must remain current to retain a family discount.
There will be a $25.00 fee for a returned check.
I understand that I am financially responsible for tuition costs and fees while attending The New School for Music Study. I shall be liable for any and all costs of collection, including an additional 33.33% fee if my account is forwarded to a collection agency for collection. I further understand that there shall be an additional 1.5% interest charged monthly on any balance past 30 days outstanding. In addition, I further understand that I will also be responsible for paying any reasonable attorney's fees, plus court costs.
Tuition must be paid in full for student participation in the Spring Recitals.