Common use of Termination Charge Policy Clause in Contracts

Termination Charge Policy. A student whose License Agreement is revoked due to a separation from the University is subject to the Termination Charge Policy and the financial assessments outlined below. All housing deposits on file will be forfeited. Students who are suspended or expelled from the University, or on a medical leave of absence or withdrawn from the University will have their current and any active future License Agreements, as well as any housing applications, revoked. Upon re-entry to the University, the student must reapply for housing and will be considered for housing accordingly, based upon eligibility and availability. Fall and Spring Semester Date of Official Withdrawal from University Percentage of Room Charge Adjustment 1st week 100% of term room charge credited* 2nd week 90% of term room charge credited* 3rd week 80% of term room charge credited* 4th week 60% of term room charge credited* 5th week 40% of term room charge credited* After 5th week+ 0% of term room charge credited Summer Session I and II Date of Official Withdrawal from University Percentage of Room Charge Adjustment 1st week 100% of term room charge credited* 2nd week 75% of term room charge credited* 3rd week 50% of term room charge credited* 4th week 25% of term room charge credited* After 4th week+ 0% of term room charge credited +Students withdrawing after the referenced week incur a 100% room charge for the term. *This credit may be prorated based on the daily charges for time the room was actually used.

Appears in 3 contracts

Samples: www.northeastern.edu, www.northeastern.edu, www.northeastern.edu

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Termination Charge Policy. A student whose License Agreement is revoked due to a separation from the University is subject to the Termination Charge Policy and the financial assessments outlined below. All housing deposits on file will be forfeited. Students who are suspended or expelled from the University, or on a medical leave of absence or withdrawn from the University will have their current and any active future License Agreements, as well as any housing applications, revoked. Upon re-entry to the University, the student must reapply for housing and will be considered for housing accordingly, based upon eligibility and availability. Fall and Spring Semester Date of Official Withdrawal from University Percentage of Room Charge Adjustment 1st week 100% of term room charge credited* 2nd week 90% of term room charge credited* 3rd week 80% of term room charge credited* 4th week 60% of term room charge credited* 5th week 40% of term room charge credited* After 5th week+ 0% of term room charge credited Summer Session I and II Date of Official Withdrawal from University Percentage of Room Charge Adjustment 1st week 100% of term room charge credited* 2nd week 75% of term room charge credited* 3rd week 50% of term room charge credited* 4th week 25% of term room charge credited* After 4th week+ 0% of term room charge credited +Students withdrawing after the referenced week incur a 100% room charge for the term. *This credit may be prorated based on the daily charges for time the room was actually useddetermined to be occupied.

Appears in 2 contracts

Samples: www.northeastern.edu, www.northeastern.edu

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Termination Charge Policy. A student whose License Agreement is revoked due to a separation from the University is subject to the Termination Charge Policy and the financial assessments outlined below. All housing deposits on file will be forfeited. Students who are suspended or expelled from the Universitysuspended, or expelled, on a medical leave of absence absence, or withdrawn from the University will have their current and any active future License Agreements, as well as any housing applications, revoked. Upon re-entry admittance to the University, the student must reapply for housing and will be considered for housing accordingly, based upon eligibility and availability. Fall and Spring Semester Date of Official Withdrawal from University Percentage of Room Charge Adjustment 1st week 100% of term room charge credited* 2nd week 90% of term room charge credited* 3rd week 80% of term room charge credited* 4th week 60% of term room charge credited* 5th week 40% of term room charge credited* After 5th week+ 0% of term room charge credited Summer Session I and II Date of Official Withdrawal from University Percentage of Room Charge Adjustment 1st week 100% of term room charge credited* 2nd week 75% of term room charge credited* 3rd week 50% of term room charge credited* 4th week 25% of term room charge credited* After 4th week+ 0% of term room charge credited +Students These students withdrawing after the referenced fourth week incur a 100% room charge for the term. *This credit may can also be prorated based on the daily charges for of time the room was actually used.

Appears in 2 contracts

Samples: www.northeastern.edu, www.northeastern.edu

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