Administrative Fees
What are extra enrollments worth?
With Your Tuition SolutionSM, many families can finance their tutoring right in the enrollment conference while they are excited and ready to go. How many times have you seen a family have second thoughts as you tried to finalize ID and income documentation over several days?
Simplify, simplify
Families can be concerned or confused by variable rates, fifteen-year terms, and/or supplemental fees. Multi-page loan documents can be intimidating or shift the conversation from tutoring to financing details. A fixed rate simple interest loan has a rate that's equal to the APR, so there is no confusion or surprise. The note form contains just one page to review and sign. Simple and comfortable with nothing to take the focus off tutoring and the child's academic needs.
Do you accept payment by credit card?
Many Centers find that the cost of Your Tuition Solution (3%) is similar to what they pay for processing "rewards" credit cards. It is a cost of doing business and a relatively small one when incremental enrollments result.