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What is the biannual contract option?

biannual contract option
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What is the biannual contract option?

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You may prepay tuition (August–January and/or February–July). Each six-month option includes one Summer session. These prepayments garner a cash discount of 15 percent. Please note, that no amount of the payment made is refundable or transferable. This payment plan differs from others available at Fountainhead, in that in exchange for the prepayment, the entire amount prepaid is nonrefundable and nontransferable. If you choose to pay the biannual contract by the month, you will receive the equivalent cash discount of 12 percent. Payments are done via electronic debit. You may not drop days while on the biannual contract, but you may add days if there is availability. Once you have added days to your contract, they can not be dropped until the end of the contract.

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