Monthly Installment. In the event that a Parent/Guardian pays the school fees or portion thereof on installment basis, with outstanding balances from the entire or total school fees of the same school year, or has not fully paid the school fees thereof shall be subject to the following terms, conditions, and obligations: (i) Withdrawal within the first half (1st to 2nd Quarter) of the school year shall be billed with a half or fifty percent (50%) of the total school fees, including any incurred late charges or applicable surcharges if any; or (ii) Withdrawal within the second half (3rd to 4th Quarter) of the school year shall be billed in full or one hundred percent (100%) of the total school fees, including any incurred late charges or applicable surcharges if any.
Appears in 3 contracts
Sources: School Agreement, School Agreement, School Agreement