I know it sounds like a lot right? But the problem is if you don't enforce it, especially the first time, the parents get the impression they can explain their way out of it the next time. You could consider giving some grace with the amount, however, if you do I would let them know you are only doing this once so that they are appreciative of your good will.

I once had a parent who was late paying tuition every week for the two years she was a client. Totally MY fault! I should never have allowed it to happen. Now I am very clear about my policies and send out regular reminders so that there is no excuse for them or me not to follow the policies.

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