Late payment policy.

Late Payment Policy

Late payments

All invoices must be paid within 10 days of the invoice date, unless an alternative payment arrangement has been agreed with Studio 7 Theatre Arts in advance.

If an invoice remains unpaid after the payment deadline:

• A 10% late payment fee, calculated from the original invoice total, will be added to the outstanding balance.
• A further 10% of the original invoice total will be added for each additional 14-day (2-week) period that payment remains outstanding.

Late fees are not compounded. Each late fee will always be calculated using the original invoice amount, rather than the increased outstanding balance.

Example: if the original invoice total is £100, each late payment charge would be £10, regardless of how many previous late fees have been added.

Payment reminders are sent as a courtesy. It remains the parent/guardian's responsibility to ensure invoices are paid by the stated deadline.

Any queries or disputes regarding an invoice should be raised by email before the payment deadline.

If you cannot pay on time

If you are unable to make payment by the due date, please contact Studio 7 Theatre Arts by email as soon as possible. Alternative payment arrangements may be considered at our discretion and must be agreed in writing.

Where an agreed payment plan is in place and payments are made as agreed, late fees will not be applied.

Accounts that remain outstanding

If an account remains outstanding for one month, the student may be withdrawn from their classes and their place may be offered to another student.

Withdrawal from classes due to non-payment does not cancel any outstanding fees or late payment charges already incurred.

Students with outstanding fees may not be permitted to enter examinations, festivals, performances, workshops, private lessons or other additional Studio 7 activities until their account has been brought up to date.

If a student is withdrawn due to non-payment, their previous class place cannot be guaranteed should they wish to return. All outstanding fees must be settled before re-enrolment.