Buy-Out of Occupancy License Agreement Policy
Residence Life and Housing
A student wanting to be released from his/her Occupancy License Agreement for any other reason than graduation must participate in the Buy-Out option (available at the end of the Fall Semester only) by paying 35% of room charges for the subsequent semester. A student cannot participate in the buy-out option for the current semester. All buy-outs must be filed by the published deadline. Students who participate in the Buy-Out are not eligible for a refund of their deposit.
- Fill out Petition for Release form available in the Office of Residence Life and Housing.
- Return form to the Office of Residence Life and Housing with documentation (if appropriate) by the established deadline.
- The Buy-Out charge will be added directly to the student’s account unless another arrangement for payment is made with the Director of Residence Life and Housing.