MLA depends on you to pay all owed money in a timely manner. Without your cooperation in this matter the school cannot function. In addition, we cannot afford to spend the large amount of time or money it takes to deal with late payments and returned checks.
We do not send invoices for tuition payments. Tuition payments are due on the 1st of each month, as per your contract schedule. You have a grace period until the 5th of the month to make payment; after that, it's late. A late fee of $25 per family will be assessed if your tuition is not in the red box in the office by 3:00pm on the 5th of the month (if it is late, please automatically include the $25 late fee in your payment). You only will receive an invoice by email if your payment is late.
Tuition unpaid for 1 (one) month is in arrears and will be accessed interest at the rate of 1% per month. Tuition in arrears merits a broken contract. The Directors will consider dismissal action for all students with broken contracts. If you miss a payment, the Directors strongly urge you to contact the Office Manager to make arrangements to bring your account up-to-date.
Late fees and interest also apply to after-school payments. After-school bills are invoiced via email on the first day of school each month; payment is due on the fifth school day. After-school payments not made by the fifteenth of the month will be considered late, and will incur a $25 late fee per family. Please automatically include the fee when you make your payment.
The charge for each and every check returned NSF from the bank is $50 plus charges applied to MLA by our bank. If your check is returned NSF from the bank, you must pay the original amount plus all charges in cash or a cashier's check. If a total of 2 (two) checks are returned NSF in any 1 (one) school year, all future payments must be made in cash or with a cashier's check. Please use your notice from your bank to realize you have a returned check. Do not wait for us to contact you.
All late fees and NSF charges must be paid prior to enrolling your child for the next school year or releasing student records.
Please note clearly in the memo section of your check the fees for which the check is written. For your own protection, do not put cash into the red box without first obtaining a written receipt.
Please do not ask us to hold postdated checks. Put it into the red box when you know it will clear the bank, and include any late fees, if applicable.
Please understand that although we do not want to be inhuman in our approach to money, we cannot afford the time or the cost involved in being less than business-like. Thank you for your attention in this matter. Your cooperation will make the Office Manager's life much easier, and help to ensure the survival of MLA. Please call or stop by the office with any questions.