By submitting this enrollment form and providing my payment information, I authorize the International Institute of Cosmetology (“the School”) and its payment processor (Square) to:
Charge my card or bank account today for the initial payment required for enrollment; and if applicable, automatically debit the same card or bank account for all scheduled installment payments under the payment plan I selected and continue debits until the total balance owed for the program is paid in full.
I understand and agree that: My payment method information will be stored by Square for recurring billing. Ialso understand that by selecting a payment plan:
I must complete all installment payments as scheduled. Payment plans are interest-free, but missed or late payments may result in penalties, financial holds, or termination from the program.
I must maintain a valid debit/credit card or ACH account on file throughout the entire payment plan period.
I understand and agree that, I am responsible for ensuring that sufficient funds are available in my account on each scheduled payment date.
A late fee of $20.00 may be assessed for any installment more than five (5) days late, consistent with the School’s catalog. A $25.00 returned payment/ACH fee will be charged for any failed bank draft or returned payment. If any payment fails, Square may automatically retry the payment using my saved payment method.
Withdrawal or termination will be handled according to the School’s official Withdrawal and Settlement Policy as published in the most recent school catalog found
Here