Common use of Contract Cancellation by Resident Clause in Contracts

Contract Cancellation by Resident. The University may, in its sole and exclusive discretion, release a Resident from this Contract upon receipt of a signed release request form (“Contract Release Request”), payment of the cancellation penalty set forth below and approval by the Senior Director of University Housing. Residents who cancel a Contract will receive a prorated refund of their University Housing rate and board meal plan rate (if applicable) paid for the Contract Period. For Students to receive a prorated refund of their University Housing rate and board meal plan rate (if applicable) paid for the Contract Period, they must cancel prior to December 1 for the fall semester; April 15 for the winter semester; June 15 for the summer I semester; or August 15 for the summer II or summer III semester. Students who have been awarded a University Housing grant will forfeit the remainder of the grant if they cancel their Contract but remain enrolled at the University.

Contract Cancellation by Resident. The University may, in its sole and exclusive discretion, release a Resident from this Contract upon receipt of a signed release request form (“Contract Release Request”), payment of the cancellation penalty set forth below and approval by the Senior Director of University Housing. Residents who cancel a Contract will receive a prorated refund of their University Housing rate and board meal plan rate (if applicable) paid for the Contract Period. For University Students and Affiliated Students to receive a prorated refund of their University Housing rate and board meal plan rate (if applicable) paid for the Contract Period, they must cancel prior to December 1 for the fall semester; April 15 for the winter semester; June 15 for the summer I semester; or August 15 for the summer II or summer III semester. University Students and Affiliated Students who have been awarded a University Housing grant will forfeit the remainder of the grant if they cancel their Contract but remain enrolled at the University.