Student Agrees As Follows Sample Clauses

Student Agrees As Follows. 1. To live in the room type with the board plan and other accommodations specified and selected in his/her Naismith Hall Room & Board Agreement Addendum. All STUDENTS of Naismith Hall are required to have a board plan. Failure to pick up a room key does not relieve the STUDENT from the terms and conditions of this Agreement. 2. To pay a $50 non-refundable processing fee at the time the ADDENDUM is signed. The $50 processing fee will not be refunded. Please refer to the Contract Cancellation Provisions in Article C., 1. 3. To pay the total amount due hereunder, including all state and local taxes in accordance with one of the payment schedules noted below. All payments are to be sent to Naismith Hall, 0000 Xxxxxxxx Xxxxx, Xxxxxxxx, Xxxxxx 00000 or to wherever else the AGENT may so designate. (a) Option 1: Ten equal installments Starting July 15th, 2017 and continuing for the next 10 months ending on April 15th 2018. NO MONTHLY STATEMENTS will be sent to STUDENTS. (b) Option 2: Receive a 2% discount by prepaying each semester’s fees. Fall Semester payment due on or before July 15, 2017 and Spring Semester Payment due on or before January 15, 2018. If payment is not received by the due date, the contract reverts to Option 1 and no discount is received. (c) Option 3: For those STUDENTS receiving financial aid and/or scholarships, the STUDENT may pay the total amount due hereunder in two equal installments, the first due on or before August 31st and the second due on or before January 31st in the Academic Year. In order to be eligible for this payment schedule the STUDENT must remit a $400 payment, that will be credited to the STUDENT Account, must sign a release form so the Naismith Hall Business Office can communicate with the Financial Aid Office and obtain Financial Aid Information about the STUDENT and provide AGENT with copies of his/her financial aid and/or scholarship award document(s). Note that Financial Aid is NOT paid directly to Naismith Hall, it is paid to the STUDENT and it is the Student’s responsibility to pay Naismith Hall. Please contact AGENT if you wish this option. 4. Installment payments are to be paid by ACH, money order, personal check drawn on a United States bank, cash, or credit card (with a 3.5% processing fee added). However, should any check or ACH be dishonored or returned by the bank or any other institution for any reason or any credit card used be declined, challenged or charged back, either on a temporary basis or for any rea...
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