Initial Deposit

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Application Fee and Initial Deposit

  1. Initial Deposit Home Purchase
  2. Initial Deposit Calculator

Initial Deposit Home Purchase

A $75 non-refundable Application Fee is required at the time of application. A $400 Initial Deposit is due at the time of application. The Initial Deposit will automatically be applied after the spring portion of the contract is completed, or the student may choose to roll this payment over to the next fall contract period during Priority Room Selection in October. Refund of the $400 Initial Deposit, due to cancellation prior to occupancy, is determined in the following chart. Students are required to contract for a Dining Plan in addition to a room.

Initial Deposit means the initial deposit by the Depositor and the Administrative Agent of the aggregate sum of $1,000 into the Down Trust in connection with the formation thereof. The deposits were initially small (2,00010,000 lei), but later, the minimum initial deposit was 20,000 lei, while the maximum was 160,000 lei. This example is from Wikipedia and may be reused under a CC BY-SA license.

Once the contract has been signed, even if it is after the cancellation dates below, it becomes a binding agreement, a contract between the student (and his/her Guarantor, if required) and the University. All cancellation requests must be submitted to University Student Housing in writing by the student.

Initial Deposit Cancellation Schedule (Prior To Occupancy)

In the FBS CopyTrade app, Investors can start with $1 deposit. But there’s a very important thing that needs to be taken into account when deciding on the initial deposit. The profit depends on the coefficient. It is calculated as the Investor’s funds divided by Trader’s equity. Deposits are applied at the beginning of each month. If you want to make deposits at the end of each month, then please subtract the first deposit from the initial savings amount. For example, if you had $1,000 saved up and wanted to deposit $100 at the end of the month you would set your initial deposit to.

CONTRACTDEADLINEREFUND
Fall and SpringMay 1, 2021$400.00
Spring OnlyJanuary 4, 2021$400.00

Contract Term

Students must select the contract term for the period of occupancy that they intend to reside in the Residence Halls. The following contract terms are available:

CONTRACTOCCUPANCY PERIODAVAILABILITY
Academic Year
Residence Hall
August 15, 2021 – May 11, 2022All classifications
Academic Year
Apartment/Suite
August 15, 2021 – May 11, 2022Sophomore classification or above
12 MonthAugust 15, 2021 – August 5, 2022Sophomore classification / 21 year or above in West Village or All Classifications in Coleman Hall only
Spring 2021January 14, 2021 – May 12, 2021Spring 2021 new admits

Additional Deposit

InitialInitial deposit home purchase

Residents who reserve space in Carpenter/Wells, Murray Hall, Gordon Hall, Talkington Hall, West Village, or Honors Hall are required to pay a $250 Additional Deposit, in addition to the $400 Initial Deposit. It is due at the time a contract is completed. This fee is non-refundable if the contract is cancelled at any time before the end of the contract period.

Initial Deposit Calculator

Both the Initial Deposit and the Additional Deposit will automatically be applied as a credit after the spring portion of the contract is completed, or the student may choose to roll this payment over to the next fall contract period during Priority Room Selection in October.