What is the penalty for late payment of the renewal fee?

• A. A $25 late fee in addition to the annual fee.
• B. No late fee; only interest accrues.
• C. A 5% penalty on the renewal fee.
• D. A $17.50 late fee in addition to the annual fee.

Answer: (D)

Late renewal penalties are charged as a fixed amount in addition to the regular renewal fee. In this policy, if you pay after the due date, you owe a flat $17.50 as a late fee on top of the annual renewal fee. This flat fee helps cover administrative costs and discourages late payments, rather than applying interest or a percentage of the fee. The other options describe different amounts or no late fee, but the official rule specifies a $17.50 late fee, so you would pay the standard renewal fee plus $17.50.