The time that you have reserved for your student is yours and will not be given to anyone else and even if you do not use this time, you still agree to pay the tuition amount agreed upon. Tuition is based on the yearly time you reserved broken down into equal monthly payment so that there will not be an extra charge for the months that have 5 weeks in them. Deductions and/or credits will not be given for days missed or the days the school is closed. Tuition payment is due no later that the 5th of each month unless other arrangements have been made. If the 5th falls on a Saturday, Sunday, or a day school is closed, tuition will be due on the next day KIDS Etc. Preschool is open. Late payment of tuition and/or failure to pay tuition is grounds for dismissal of the student and KIDS Etc. Preschool reserves the right to dismiss any student for late payment of tuition and/or failure to pay tuition. KIDS Etc. Preschool will abide by the prices quoted on this contract as long as your student is enrolled with us. Price changes will only occur if you pull your student out and then re-enroll them later. Late Pick Up Fee: Students are to be picked up on or before closing time. Unless otherwise posted, KIDS Etc. Preschool's closing time is 6:00 p.m. MST. If students are picked up after closing time, a late-pick-up fee of three dollars ($5.00) per minute, per student will be charged from the time of closing until the student is picked up. Late Payments: If payment is not received on the due date, a late fee of fifty dollars ($50.00) will be charged per week every week after the due date until the day payment is received in full. Bounced Check: If your tuition check is dishonored for any reason, a thirty-five dollar ($35.00) fee will be charged and the account will be placed on a cash only status, which means payment for tuition will only be accepted in the form of cash or money orders. If collections and/or legal proceedings are instituted to collect tuition and/or fees due under this agreement, you agree to pay all costs of such proceedings, including reasonable attorney's fees.