Common use of Termination by the Student Clause in Contracts

Termination by the Student. If Student wishes to terminate this contract before Occupancy, Student must notify University in advance pursuant to the notice requirements. A First-Year Student cannot terminate this contract before Occupancy or after Occupancy unless University released Student from the live-on requirement under this contract. As outlined in 14, a Student must submit a petition and be granted an official release. Except for First-Year Students, University will treat a Student’s failure to enroll in classes and occupy the assigned space by the end of the first week of the Available Period of Occupancy each semester as Student’s termination prior to Occupancy. The following financial consequences will apply to any Student termination: • The $50 application charge will not be refunded. • The $250 deposit will be applied to any charges owed to CU Boulder and any remainder will be refunded. • Any other financial responsibilities already paid by Student pursuant to this contract will be refunded or credited to Student’s account to the extent they are refundable.