The Prometheus Academy - Monthly Tuition Procedures
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For Prometheus parents making a monthly tuition payment:
- Prometheus sends to each parent a Letter of Agreement and Guidelines that lists the classes for the student and the calculation for the monthly payment tuition.
- A parent signs the Prometheus Academy Letter of Agreement.
- They return the signed letter of agreement to the Prometheus Academy.
- The Prometheus Academy deposits your charge preauthorization into a safety deposit box at JP Morgan Chase bank.
- Prometheus sends an email to each parent with a link to a Monthly PayPal page.
Each student has a specific monthly payment that must be made before the second day of every month.
- Each month, the tuition is due on the first day. Your options are:
- Do nothing. The check is removed from its safe deposit box and presented to
the bank cashier for deposit on the second business day of the month.
- Make a PayPal payment on the web or make a payment at the Prometheus fron desk for your student(s).
The corresponding charge from the safety deposit box and destroyed in a shredder.
What Happens Each Month for the Monthly Tuition Payments:
- On the 20th day of the month, you receive an email, reminding you that your student's monthly tuition payment is due on the first day of the next month.
- Parents can pay at the front desk or by PayPal, up to the end of the first day of the month.
- On the second business day, The check is removed from its safe deposit box and presented to the bank cashier for deposit.
- For the parents who paid in Step #2, we shed their pre-dated check for that month.
Note: The tuition must be paid by September 29th. October tuition is due on the 1st.
Note: The monthly PayPal tuition amount increases by 3% for January through December 2017. This reflects the new Prometheus Academy policy of passing on the cost of using PayPal to parents.
Note: The Prometheus Academy charges these late monthly payment fees:
$25- late first time, $75-second occurence, and $150-3rd occurence.
Note: The Prometheus Academy extends the opportunity to pay student tuition in monthly payments as a courtesy. It reserves the right to revoke the monthly tuition agreement when parents do not adhere to the monthly payment policy and request the entire semester tuition be paid immediately.