RESIDENTIAL LIVING GUIDE 14 Cancellation of Agreement The Residence Hall Contract will be cancelled during the academic year for the following reasons only: resident graduates from Nova Southeastern University, leaves for a required academic internship, withdraws from NSU or is suspended, dismissed, or expelled for academic or disciplinary reasons. The resident must comply with Nova Southeastern University cancellation rules. In the event that one of the above cancellation criteria is met, the resident: y y Shall inform the Office of Residence Life and Housing within 24 hours of the occurrence in writing; y y Shall promptly and properly complete the checkout process; y y Shall vacate the premises no later than 24 hours after notification; y y Shall pay all amounts due and owing There will be no housing refunds after the start of the tenth week of the academic term. If a resident exhibits inappropriate behavior according to Nova Southeastern University standards that constitutes a detriment to orderly community living, or otherwise affects the health, safety or welfare of other students, the Director of Residential Life and Housing and/or her/his designee may change the room assignment or cancel this Residence Hall Contract immediately without refund. Nova Southeastern University reserves the right, in its sole discretion, to determine that past behavior is such that cancellation of the Residence Hall Contract would best serve the interests of Nova Southeastern University, the resident, and/or other residents. If a student is either not registered or enrolled during any part of the academic year or has failed to timely make any payment to Nova Southeastern University, the student will be removed from housing and will be obligated to pay all housing fees due and owing through the date of removal. Failure to check out properly, as defined above, will result in a $100 assessment. Failure to timely out properly will result in a $100 improper checkout charge. If a student chooses to leave the residence halls during the course of the year, prior to the termination of the Residence Hall Housing Contract, the student is still financially responsible for the entire academic year and forfeits all housing fees and deposits. Exceptions to this policy may be granted only by the Director of Residential Life and Housing, pending the demonstration of extenuating circumstances. Housing Release Process Buyout of Agreement In order to be eligible for a Residence Hall Contract Buyout, the resident must submit a written request and fill out an online Contract Release Request Form to the Office of Residential Life and Housing and not be in breach of any of the provisions of this Contract or related Nova Southeastern University policies. A resident will be assessed 50% of the remaining contract balance and all accrued charges based on the day of official checkout of the room. In the event that a Residence Hall Contract Buyout occurs the resident: 1. Shall promptly and properly complete the checkout process; 2. Shall vacate the premises no later than 24 hours after anticipated checkout date; 3. Shall pay all amounts due and owing. Failure to check out properly, as defined in the Residential Living Guide, will result in a $100 improper check out Failure to follow proper procedures in the event of a buyout of the Contract will result in the imposition of a cancellation fee. All housing contracts will be considered active until the Office of Residential Life and Housing grants a written release.