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At the end of your apartment lease, turn in your keys. You may be charged extra rent after the ending date of the lease if you delay, or you could be charged a fee for having the locks changed.Â
Ask your college if you’ll be assessed a nonresident fee if you move off campus. If so, factor this into your cost analysis when determining whether living off campus will save you money.
Ask your college if you’ll be assessed a nonresident fee if you move off campus. If so, factor this into your cost analysis when determining whether living off campus will save you money.
If you live off campus, you’ll be required to pay your rent and security deposit up front, but your financial aid funds will not be available until the first day of classes. Plan ahead and make sure you’ll have other funds available to cover these payments without your financial aid.Â
Obviously, it’s a lot cheaper to live off campus if you share expenses with roommates. Protect yourself by making sure that each roommate’s name is on the lease and on the utility accounts so you don’t risk being stuck with all the liability if someone doesn’t pay up. It happens all the time, even among friends
When you rent an off-campus apartment with other roommates, it’s in your best interest to be sure they’re going to be able to pay their share of the rent, utilities, and other expenses. If they’re unable to pay, you could be stuck with their share of the costs in addition to your own. Ask each potential roommate about how they expect to pay their share, and if you’re not satisfied with the answer, think twice about moving in together.
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