What is an installment?
The typical lease term is approximately 11.5 months of occupancy which coincides with the university’s academic calendar. The resident is charged a total rent amount for the contracted occupancy period. The lease agreement will reflect the total rent amount typically divided into 12 equal installments due August 1 - July 1. These installments do not represent a monthly rent amount and are not prorated.
Do you send me a bill every month?
No, bills are not sent to residents each month, but you may see payment reminders posted around the property.
How can I make a payment?
We accept checks, money orders and cashier’s checks in our office made payable to the community name. As an alternative payment option we also accept credit card, debit cards and ACH payments online here for your convenience. We are unable to accept cash.
When are the installments due?
Installments are due on the 1st of each month per the payment schedule outlined in the lease agreement.