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Late Payment Policy and Procedure
Students and/or parents are required to make payment for Course Fees and Miscellaneous Fees
by the scheduled due dates as stated in the PEI Standard Student Contract. NYAC considers any
payment made more than 7 days after the due date(s) in Schedule B for Course Fees, or more
than 7 days after the due date(s) in the invoices for Miscellaneous Fees, as late. A late payment
fee may be imposed for such cases. Failure to settle outstanding Course Fees, Miscellaneous
Fees, and late charges may result in NYAC exercising its right to cancel the student’s registration
and suspend related student services.
