what does a 15 day grace period mean
Grace period A grace period is a period immediately after the deadline for an obligation during which a late fee, or other action that would have been taken as a result of failing to meet the deadline, is waived provided that the obligation is satisfied during the grace period. Grace periods can range from a number of minutes to a number of days or longer, and can apply in situations including arrival at a job, paying a bill, or meeting a government or legal requirement.
Summer vacation In England and Wales, summer holidays for state schools usually last from the second half of July through to early September which gives a duration of six or seven weeks. In addition, all schools in England and Wales have three one-week-long half-term breaks for each of the three terms, one in the autumn term, one in the spring term and one in the summer term. State schools have two weeks off for Christmas and Easter, which brings the total number of weeks off for state school students per year to 13.