Common use of Minimum Enrollment Clause in Contracts

Minimum Enrollment. The minimum enrollment for financial viability depends on the financial status of the school at the moment. It is expected that the minimum enrollment for financial viability is approximately 180 students, or about an average of 20 students per class, extending for longer than six months. A more precise estimate will be available three months prior to school opening. As enrollment approaches the minimum for financial viability, the Board of Directors shall take action including, but not limited to, the following:  Increase enrollment demand through a marketing campaign.  Increase fund-raising from external sources through the PFA.  Request voluntary donations from parents.  Eliminate or defer expenses.  Prepare for the termination of operation as necessary.

Appears in 2 contracts

Sources: Performance Certificate, Performance Certificate

Minimum Enrollment. The minimum enrollment for financial viability depends on the financial status of the school at the moment. It is expected that the minimum enrollment for financial viability is approximately 180 students, or about an average of 20 students per class, extending for longer than six months. A more precise estimate will be available three months prior to school opening. As enrollment approaches the minimum for financial viability, the Board of Directors shall take action including, but not limited to, the following: Increase enrollment demand through a marketing campaign. Increase fund-raising from external sources through the PFA. Request voluntary donations from parents. Eliminate or defer expenses. Prepare for the termination of operation as necessary.

Appears in 1 contract

Sources: Performance Certificate