Why does AIS charge an administrative fee for using the payment plan options?
There is a cost to the school to administer the many payment plans we offer. The costs are made up of expenses associated with mailings, phone calls, administrative fees, overtime of staff, lost interest and uncollected tuition. The administrative fees are charged to allow the school to have the revenue as if all payments were made in full and on time. These plans are now used by approximately 60 percent of all the students. Even with an administrative fee, the school will only collect about 90 percent of the total revenue we would have collected if all tuition was be paid in full on July 1.
