Quote Originally Posted by cdngirl View Post
Good for you in coming up with a solution so quickly. I like how you call it enrollment fee as opposed to deposit which implies you will get it back later no matter what. Asking for 2 weeks upfront can be a big deal to some families but telling them they will get it back their last two weeks gives them peace of mind, and wrongly I kind of used it as a selling point. I wish I had used your idea sooner, it would have avoided some clients I had over the years.
You can change it going forward though. It's really hard to change a contractual term like this for existing client's because that's not the agreement they came under. But if all your current client's have already been with you over a year, then you could make the change immediately, issue the revised policy and reassure them that it won't negatively affect them having already completed the required term.

Otherwise, just change your master documents and anyone new coming in, comes under the new terms. Over time, those you have now who aren't under the new terms, will pass the one year anniversary or move on, leaving their replacement to accept the new terms.