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RESIDENCE FEES & DEPOSITS
1. Residence fees for the 2011-2012 academic year are: $9,884.00 for a small single room, $11,126.00 for a medium single room and $12,260.00 for a suite. These fees include a 19-meal per week meal plan and a weekly linen service. The residence contract is for the period of September 5, 2011 until 48 hours after the resident's final exam or May 4, 2012, whichever comes first.
2. Fees and Instalments:
| |
Small Room |
Medium Room |
Suite |
| 1st Instalment Residence Fee: |
$4,942.00 |
$5,563.00 |
$6,130.00 |
| Damage deposit |
250.00 |
250.00 |
250.00 |
| Key deposit |
100.00 |
100.00 |
100.00 |
| Student Council fee |
10.00 |
10.00 |
10.00 |
| Total amount of 1st Instalment due upon arrival. Cheque to be dated September 5, 2011 |
$5,302.00 |
$5,923.00 |
$6,490.00 |
| |
Small Room |
Medium Room |
Suite |
| 2nd Instalment Residence Fee: |
$4,942.00 |
$5,563.00 |
$6,130.00 |
| Less room deposit |
500.00 |
500.00 |
500.00 |
| Total amount of 2nd Instalment due upon arrival with cheque post-dated January 2, 2012 |
$4,442.00 |
$5,603.00 |
$5,630.00 |
Fee Schedule: First installment of feeds is due upon arrival (September 5, 2011). The second installment is due on January 2, 2012. A $25.00 service charge will apply for all N.S.F. cheques. Interest charges will apply for late payment.
3. Applications and Room Deposit: All applications for residency must be accompanied with a $500.00 room deposit. This deposit shall be allocated towards the 2nd instalment of fees. Upon acceptance into residency, the $500.00 room deposit is non-refundable if withdrawal of application is made. If you are not accepted into residency, this deposit will be returned.
4. Withdrawing from Residence: Because residence fees are set for the entire academic year, from September to May rather than by the week or month, students are accepted to residence on the understanding that they will remain in residence for the full academic session. Before moving into residence, please understand that you are contracting for a specific long-term period, and that operation of the residence depends on a stable resident census.
THERE ARE FINANCIAL CONSEQUENCES ENTAILED IN WITHDRAWING FROM RESIDENCE BEFORE THE END OF THE 2011-2012 FALL-WINTER SESSION.
Students who leave residence during session will be required to pay any accrued residence fees to the actual date of withdrawal. Students who vacate their residence space without giving 15 days prior withdrawal notice, and/or following proper procedures including completing room check and turning in keys promptly, will continue to be billed until such time as the required notice is given and a proper check-out has taken place. The $500.00 room deposit will not be applied to this amount and will be retained as a penalty fee.
5. Damage/Caution Deposit: $250.00 payable upon arrival. This deposit is refunded in full if there is no damage done to the residence premises. A refund or a portion thereof will be issued by cheque within 30 days of your departure.
6. Key Deposit: A deposit of $100.00 is required upon receipt of your keys. This amount will be refunded in full provided your keys have not been lost or damaged. A refund or a portion thereof will be issued within 30 days of your departure. Loss of keys or stolen keys must be reported to the office immediately. The cost of replacing keys is $100.00.
7. Student Council Fee: $10.00 payable upon arrival.
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