Payment Plans
This Payment Plan Terms & Conditions Agreement by and between NP Preceptor, LLC ("NP Preceptor") and you ("Student").
The Parties agree as follows:
NP Preceptor agrees to coordinate Student's requested clinical rotation (“Rotation”), which is defined as medical internships/clerkships that Student will need for credit hours to complete their higher education program. Rotation can be completed in clinic setting and/or hospital setting. A final evaluation of Student's performance during Clinical Rotation will be completed at end of Rotation.
Student represents and warrants that s/he is in good standing with his or her university/program in order to complete Rotation credit hours in full and intends on completing the payment for the Clinical Rotation as defined by the Payment Terms selected by Student.
Upon Student’s selection of a Payment Plan, both Student and NP Preceptor will receive payment terms with payment amounts and deadlines via email.
Student agrees to the Payment Plan selected in the specified amounts. If the Payment Plan is not adhered to and not made in full by said date, Student agrees to authorize NP Preceptor to charge the remaining balance to the credit card information added to their online NP Preceptor student profile.
NP Preceptor and Student agree to the following financing fees.
1 Installment Payment Plan: 0% additional financing fee.
3 Installment Payment Plan: 15% additional financing fee (based on the amount of the remaining rotation balance).
12 Installment Payment Plan: 33% additional financing fee (based on the amount of the remaining rotation balance).
All financing fees will be evenly dispersed amongst the payments included in the chosen payment plan.
Eligibility
1 Installment Payment Plan: All students are eligible for this payment plan.
3 Installment Payment Plan: Students who select a payment plan at least 5 weeks before their Rotation Start Date are eligible for this payment plan.
12 Installment Payment Plan: Students who select a payment plan at least 6 weeks before their Rotation Start Date are eligible for this payment plan. The cost of the rotation must be greater than $1,499.99 before any fees to qualify for this plan. This plan is offered on a limited basis.
*A payment plan is not officially selected until the first payment of the plan is successfully processed.
**Please Note: NP Preceptor may revoke payment plan privileges for any student at any time.
FAILURE TO MAKE PAYMENT, INCLUDING PARTIAL PAYMENTS RELATED TO A SELECTED PAYMENT PLAN, WILL RESULT IN LOSS OF THE ROTATION, ROTATION FINAL EVALUATION AND CREDIT HOURS, AND FORFEITURE OF THE INITIAL ROTATION DEPOSIT.
ADDITIONALLY, FAILURE TO MAKE FULL PAYMENT VIA ALTERNATIVE METHODS OR A SECONDARY METHOD OF PAYMENT WILL RESULT IN LOSS OF ALL FUTURE CLINICAL ROTATION HOURS AND ALL FUTURE STUDENT EVALUATIONS. NPHUB ALSO MAINTAINS THE RIGHT TO MAKE CONTACT WITH THE STUDENT’S UNIVERSITY TO INVALIDATE ALL CLINICAL ROTATION HOURS RECEIVED WITHOUT PROPER PAYMENT.