GENERAL CODE FOR FINANCES

 

 

 

Finances

New: 1st Tuition Installment for School Year 2008-2009 will begin with July 1, 2008 and the last Tuition Installment for School Year 2008-2009 will be April 1, 2009.

 

TUITION PAYMENTS

Tuition may be paid using the following methods:

 

a.      Annually – Tuition may be paid in full at the beginning of the school year. There is no discount for early payment tuition.

b.     Monthly – Your annual tuition may be paid in ten (10) equal installments beginning in July and ending in April. For students registering after July, payments are prorated for the month in which enrollment occurs.

c.      Website - Payment can also be made at The Beverly Institute Website under the link payments.

d.      Check payments: NO CHECKS ACCEPTED!

e.      Cash- Cash payment will not be accepted throughout the school year.  Payment may only be remitted in check, money order, and/or payment through the website only.

PAYMENTS: will be made: on the 1st of each month. It will be paid no later than 5:30 pm by the 1st of each month. A $ 20.00 late fee will be added to any payments paid after the 3rd of each month. If fees have not been paid by 7th day of the month, services will be suspended until fees are paid in full. If the 3rd fall on Saturday or Sunday, payments made by the close of the business day on Monday will be accepted without penalty.

OVERTIME: Overtime is considered any time outside the agreed time interval. Any students drop-off before contracted hours of 6:30 a.m. and pick-up after 3:30 p.m. will be charged an overtime fee. The following charge ($10.00) will be assessed for overtime incurred, payable the same week of service. The provider is under no obligation to provide an extension of time if it will conflict with plans. Late arrival does not justify late departure.                       

HOLIDAYS: The School will be closed on any federal holiday, Thanksgiving Break, Christmas Break, and any holiday observed by public school, but the monthly fee for your child will remain in effect.

FINAL PAYMENTS: Last tuition payment may only be remitted in cash, money order, cashier’s check, or through the website.  No personal checks are accepted for any payment of fees in April - June.

2. ADDITIONAL FEES

DISCIPLINARY PROBLEMS: In the result of disciplinary problems and a pupil is required to work from home and the parent would like for the child to continue with the School program, a holding and service fee of $150.00 will be assessed for each month the child is out.

 

OTHER FEES: Lab fees, activity fees, and athletic fees will be announced throughout the year.  These fees have individual deadlines. 

 

BOOK AND COMPUTER FEE: Book and Computer fee is non-refundable after the 1st week of school. All textbooks and Computer pieces issued to students are the property of the Beverly Institute and cannot be returned unless parents pay full price for each item. All other fees (athletic, lab, etc), will only be refunded if a sport course or activity is cancelled.

 

TEXTBOOKS AND COMPUTER SUPPLIES: Books and Computer materials – Textbooks and Computer Parts are the responsibility of the student and must be purchased by the parent before the first day of each new school year.

Students must have their supplies (notebook, paper, writing utensils, and other items required).  Students will be given a materials list for each class during orientation.

 

TEXTBOOK AND COMPUTER FEES: The Beverly Institute may suspend a pupil from school activities if the pupil fails to pay for lost or damaged books. Parents/guardians of a child who fails to pay for a textbook are liable for attorney's fees and court costs incurred by the district in pursuit of restitution.

 

RETURNED CHECKS

Checks are not accepted at The Beverly Institute but under special occasions. If a check is returned, your account will be charged a $25 returned check fee.  Two returned checks will result in your account being designated as a “cash only” account. 

Should we receive two (2) return checks from your bank, you check writing privileges will be revoked.  Thereafter, all payments (i.e., field trips, contributions, etc..) must be made with cash, money order, or cashier’s check.

 

3. REFUNDS

MONTHLY TUITION

Monthly Tuition that has been paid will only be refunded in full if the student has been enrolled less than five days in any month.  (If payment was paid with a personal check, 10 to 15 day will be needed to process the refund to assure bank clearance of the check.)

Students leaving after 5th day of enrollment will be charged the daily rate for each day in attendance.

Refunds are granted for the following reasons only:

a.      Job relocation outside of the greater Jacksonville and Orange Park areas.

b.     Military transfer outside of the greater Jacksonville, Orange Park, or Mayport areas.

c.      Emergency situations agreed upon by the administration of TBI

OVERPAYMENT

Refunds for overpayment and credits will be issued within two (2) business days if the overpayment was remitted in cash, money order or cashier’s check. If the overpayment was paid with a personal check, 10 to 15 day will be needed to process the refund to make sure the check clears the bank.

Refunds from overpayment and credits will not be issued unless the student’s account is current.  In the event that there is a balance on the account, other than tuition within the first five (5) days of the month, the refund will be applied first to the student’s account.  If any credit remains after that the account is made current, the refund will be issued immediately.

4. DELINQUENT TUITION

Prompt payment of tuition is essential to the operation of The Beverly Institute financial obligation. Communication of fanatical hardship to office is greatly appreciated. If payment of tuition is not received within fourth (4) days of when it is due, parents are given written notification form the school office. In the event that payment becomes delinquent more the seven (7) days, the parents will be notified that their child(ren) will not be allowed to continue to attend class until their account is current.

 

REPORT CARD POLICY

Report cards, transcripts and other student records are withheld from students and parents with delinquent accounts (including fees).  All outstanding financial obligations must be met before your child’s grades and school records will be released.