Payment of the Licence Fee. 5.1 The Licence Fee is due at the start of the period. We offer the following payment plan options: 5.1.1 One annual payment on enrolment; 5.1.2 Three termly payments at the start of each term; 5.1.3 By monthly online payment plan (split equally across eight monthly instalments). 5.2 You will receive an invoice from us setting out the amount payable. A payment plan, or payment in full must be paid before you can move into residence. 5.3 The Licence Fee is for the fixed period stated and remains payable if you do not use the Room due to work experience, study tours, illness and other absences. You may claim back the meal cost element of the fee for any period away on study tours or educational exchanges (contact Student Finance). 5.4 You must contact our Student Finance Team straight away if, for any reason, you are unable to make payment in line with your agreed payment plan, so that we can discuss payment options with you, including any residential bursaries or access funds that may apply. 5.5 You agree that if you are more than fourteen days late in making payment of the Licence Fee in line with your agreed payment plan, you may be charged a late payment fee, which will be no greater than interest on the outstanding amount from the date it was late of 3% above the Bank of England Base Interest Rate. 5.6 If you fail to pay in line with your agreed payment plan, the full Licence Fee becomes immediately payable within fourteen days of our written demand for payment. If you fail to make payment within this fourteen-day period and have not made alternative arrangements with our Student Finance Team, we may end the Licence Agreement by serving on you a notice to vacate the Room. You will remain liable for payment of the outstanding amount of the Licence Fee, as set out in clause 9.4. 5.7 Where a guarantor (whether a parent/guardian or other guarantor) has guaranteed the financial obligations in the Licence Agreement, we will require payment from the guarantor should there be any failure to pay the Licence Fee payments or other charges due under the Licence Agreement. 5.8 Any outstanding debt will be subject to our debt recovery procedure and we may pass any unpaid fees or other charges to a debt collection agency. Any outstanding debt will be recoverable from the parent/guardian who has signed the Licence to Occupy, for students under 18, and against the student or their guarantor for students aged 18 and over.
Appears in 2 contracts
Samples: Higher Education Student Accommodation Licence Agreement, Higher Education Student Accommodation Licence Agreement
Payment of the Licence Fee. 5.1 The Licence Fee is due at the start of the period. We offer the following payment plan options:
5.1.1 One annual payment on enrolment;
5.1.2 Three termly payments at the start of each term;
5.1.3 By monthly online payment plan (split equally across eight monthly instalments).
5.2 You will receive an invoice from us setting out the amount payable. A payment plan, or payment in full must be paid before you can move into residence.
5.3 The Licence Fee is for the fixed period stated and remains payable if you do not use the Room due to work experience, study tours, illness and other absences. You may claim back the meal cost element of the fee for any period away on study tours or educational exchanges (contact claim forms are available from Student Finance).
5.4 You must contact our Student Finance Team straight away if, for any reason, you are unable to make payment in line with your agreed payment plan, so that we can discuss payment options with you, including any residential bursaries or access funds that may apply.
5.5 You agree that if you are more than fourteen days late in making payment of the Licence Fee in line with your agreed payment plan, you may be charged a late payment fee, which will be no greater than interest on the outstanding amount from the date it was late of 3% above the Bank of England Base Interest Rate.
5.6 If you fail to pay in line with your agreed payment plan, the full Licence Fee becomes immediately payable within fourteen days of our written demand for payment. If you fail to make payment within this fourteen-day period and have not made alternative arrangements with our Student Finance Team, we may end the Licence Agreement by serving on you a notice to vacate the Room. You will remain liable for payment of the outstanding amount of the Licence Fee, as set out in clause 9.4.
5.7 Where a guarantor (whether a parent/guardian or other guarantor) has guaranteed the financial obligations in the Licence Agreement, we will require payment from the guarantor should there be any failure to pay the Licence Fee payments or other charges due under the Licence Agreement.
5.8 Any outstanding debt will be subject to our debt recovery procedure and we may pass any unpaid fees or other charges to a debt collection agency. Any outstanding debt will be recoverable from the parent/guardian who has signed the Licence to Occupy, for students under 18, and against the student or their guarantor for students aged 18 and over.
Appears in 2 contracts
Samples: Higher Education Student Accommodation Licence Agreement, Student Accommodation Licence Agreement
Payment of the Licence Fee. 5.1 The Licence Fee is due at the start of the period. We offer the following payment plan options:
5.1.1 One annual payment on enrolment;
5.1.2 Three termly payments at the start of each term;
5.1.3 By monthly online payment plan (split equally across eight monthly instalments).
5.2 You will receive an invoice from us setting out the amount payable. A payment plan, or payment in full must be paid before you can move in to residence. Failure to make payment or establish a payment plan before moving into residenceaccommodation could result in you being denied access to your room.
5.3 The Licence Fee is for the fixed period stated and remains payable if you do not use the Room due to work experience, study tours, illness and other absences. You may claim back the meal cost element of the fee for any period away on study tours or educational exchanges (contact Student Finance).
5.4 You must contact our Student Finance Team straight away if, for any reason, you are unable to make payment in line with your agreed payment plan, so that we can discuss payment options with you, including any residential bursaries or access funds that may apply.
5.5 You agree that if you are more than fourteen days late in making payment of the Licence Fee in line with your agreed payment plan, you may be charged a late payment fee, which will be no greater than interest on the outstanding amount from the date it was late of 3% above the Bank of England Base Interest Rate.
5.6 If you fail to pay in line with your agreed payment plan, the full Licence Fee becomes immediately payable within fourteen days of our written demand for payment. If you fail to make payment within this fourteen-day period and have not made alternative arrangements with our Student Finance Team, we may end the Licence Agreement by serving on you a notice to vacate the Room. You will remain liable for payment of the outstanding amount of the Licence Fee, as set out in clause 9.4.
5.7 Where a guarantor (whether a parent/guardian or other guarantor) has guaranteed the financial obligations in the Licence Agreement, we will require payment from the guarantor should there be any failure to pay the Licence Fee payments or other charges due under the Licence Agreement.
5.8 Any outstanding debt will be subject to our debt recovery procedure and we may pass any unpaid fees or other charges to a debt collection agency. Any outstanding debt will be recoverable from the parent/guardian who has signed the Licence to Occupy, for students under 18, and against the student or their guarantor for students aged 18 and over.
Appears in 1 contract
Payment of the Licence Fee. 5.1 The Licence Fee is due at the start of the period. We offer the following payment plan options:
5.1.1 One annual payment on enrolment;
5.1.2 Three termly payments at the start of each term;
5.1.3 By monthly online payment plan (split equally across eight monthly instalments).
5.2 You will receive an invoice from us setting out the amount payable. A payment plan, or payment in full of the first term, must be paid before you can move into residence.
5.3 The Licence Fee is for the fixed period stated and remains payable if you do not use the Room due to work experience, study tours, illness and other absences. You may claim back the meal cost element of the fee for any period away on study tours or educational exchanges (contact claim forms are available from Student Finance).
5.4 You must contact our Student Finance Team straight away if, for any reason, you are unable to make payment in line with your agreed payment plan, so that we can discuss payment options with you, including any residential bursaries or access funds that may apply.
5.5 You agree that if you are more than fourteen days late in making payment of the Licence Fee in line with your agreed payment plan, you may be charged a late payment fee, which will be no greater than interest on the outstanding amount from the date it was late of 3% above the Bank of England Base Interest Rate.
5.6 If you fail to pay in line with your agreed payment plan, the full Licence Fee becomes immediately payable within fourteen days of our written demand for payment. If you fail to make payment within this fourteen-fourteen- day period and have not made alternative arrangements with our Student Finance Team, we may end the Licence Agreement by serving on you a notice to vacate the Room. You will remain liable for payment of the outstanding amount of the Licence Fee, as set out in clause 9.4.
5.7 Where a guarantor (whether a parent/guardian or other guarantor) has guaranteed the financial obligations in the Licence Agreement, we will require payment from the guarantor should there be any failure to pay the Licence Fee payments or other charges due under the Licence Agreement.
5.8 Any outstanding debt will be subject to our debt recovery procedure and we may pass any unpaid fees or other charges to a debt collection agency. Any outstanding debt will be recoverable from the parent/guardian who has signed the Licence to Occupy, for students under 18, and against the student or their guarantor for students aged 18 and over.
Appears in 1 contract
Samples: Higher Education Student Accommodation Licence Agreement