CONTRACT TERMINATION POLICY
Swimmers (except the Senior program) may, with 30 days written notice, terminate a contract with Team Swim Academy. The following will apply to all terminated contracts:
Final date to submit a written notice of termination is May 1, 2019 (notice must be received by business manager Julie Sturman no later than May 1, 2019) for termination of a contract to take place at the conclusion of the month of May. All contracts will be ineligible for termination after May 30th, meaning that written notification must be received by May 1 in order to terminate.
At the time of termination, all fundraising commitments and/or volunteer obligations must be paid in full in addition to any other outstanding balances including but not limited to swim meet fees.
A termination fee of 15% of the remaining contract balance (monthly payments) must be paid to be released from a contract. A full month’s payment will be applied for payments that are due between the notice of termination and the end of 30 days. Example: If written notification is received April 15th, full dues will be applied on May 1st. 15% of payments for June, July, and August would then be due to terminate the contract and the remaining monthly payments.
Contract Pricing per Training Group
Families have the choice of paying contract fees upfront, or they may divide them into 12 monthly payments. (If completing late registration, the contract fee will be pro-rated, and payments will be divided among the remaining billing periods for the season. Please note contracts are priced by season, which typically run 11 months: September until the end of July/early August. However, contract payments are divided into 12 payments, allowing families the greatest amount of time to pay-off contract fees. Families are welcome at any time to login to their team accounts to make additional payments toward their contract balance so that they may pay it off in fewer than 12 months. Please note, however, payments made are stored as a team credit and applied to each month's invoice, which may include meet fees or other team fees. Keep that in mind when making additional payments.
Contract pricing can be found here. Please be aware that the price reflected for each practice group is a contract price, NOT a monthly fee. What is shown under the monthly payments is a payment plan offered for each contract. Payments may be made ahead of time or all at once if monthly payments are not desired.