Academic Year & Fall Term Applications/Agreements. (Detailed in Table 5)
(i) If the Resident’s written cancellation request is received by the Residence Manager on or before July 15 (Deadline 1), whether the Resident has been accepted into Residence or not, the Resident will receive a full refund of the Deposit and any Residence Fees paid to date.
(ii) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after July 15 (Deadline 1) but on or before August 12 (Deadline 2), then the Resident’s Deposit will be forfeited. The Resident will receive a full refund of any Residence Fees paid to date.
(iii) If the Resident is on the wait list for Residence and the Residence Manager receives a written cancellation request before the Resident is accepted to Residence, then the Resident will be refunded the full Deposit.
(iv) If the Resident is on the wait list and a space becomes available after July 15 (Deadline 1), the Resident will be offered a space in Residence and asked to confirm the status of the Resident’s Residence acceptance within 24 hours. After confirmation to the Residence, all regular cancellation policies and payment deadlines apply.
(v) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after August 15 (Deadline 2), but on or before the first day of the Term (Deadline 3), then the Resident will be charged a late cancellation fee. The cancellation fee will be equivalent to 45 days of Residence Fees.
(vi) If the Residence Manager receives the Resident’s written cancellation request after the first day of the Term (Deadline 3) and on or before November 15 (Deadline 4), then the Resident will be charged for each day they occupy a Residence room plus a cancellation fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The cancellation fee will be equivalent to 60 days of Residence Fees.
(vii) If the Residence Manager receives the Resident’s written cancellation request after November 15 (Deadline 5), then the Resident will be charged for each day they occupy a Residence room plus a cancellation fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The cancellation fee will be equivalent to 90 days of Residence Fees.
