Part way through the school year, a family's level of qualification for Financial Aid changes. Or a family moves from A.M. to P.M., or a family needs to change their payment method. How can we alter the contract to reflect this?
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Currently the contract would not be able to be modified as the moment it is submitted by the family, all major fields become locked. If the school only has one contract within their database (per answer above), the school will need to delete the original contract and assign them a new one.
If a school has multiple contracts, then they could assign a second appropriate contract to the record so there is a visible record of the initial/now expired contract. (Modifying a contract after it has been signed is not a good idea from a legal standpoint).