Canceling Housing
Please make sure you have read and understand the specific Terms & Conditions in your housing contract before you submit it. These terms are important and the housing contract, included in your housing applications, is a legally binding document.
This page is intended to provide an overview of Loyola's housing cancellation policies but should not be considered an alternative or replacement to the Terms and Conditions of the housing contract.
The general schedule for refunds is below:
Fall Semester
Cancel by May 1 - $200 cancellation fee (Returning Students with an assignment)*
Cancel by 2nd week of classes - 60% credit
Cancel by 5th week of classes - 50% credit
Cancel after 5th week of classes - 0% credit
*Any student receiving an assignment after May 1, will have 72 hours after initial assignment email is sent to cancel their housing without penalty. After the 72 hour period is complete, the normal penalty schedule resumes beginning with 60% credit and so forth.
Spring Semester
Cancel by November 13 - $200 cancellation fee (New Spring Applicants Only)
Cancel by 2nd week of classes - 60% credit (Jan 29)
Cancel by 5th week of classes - 50% credit
Cancel after 5th week of classes - 0% credit
Your housing contact is a year long contract. If you choose to terminate that contract before the academic year ends, you will be responsible for financial penalties as listed in in the above schedule.
Academic Year Contracts
All housing contracts are for the full academic year (Fall and Spring). Residential Life does not provide Fall-only housing options. Students enrolling only for the Spring term may apply for housing as available, in which case the housing agreement will only apply to the Spring term.
New students- including newly admitted first-year, transfer, Exchange, and intensive English students as well as returning re-admit students- are required to submit a housing deposit prior to receiving a room assignment. This deposit is non-refundable under any circumstance and will post as a credit toward the student's university account.
New students who withdraw or decline their admission prior to move-in will not be penalized, even if a room assignment has already been provided.
Once moved in, the student is subject to regular cancellation penalties per the cancellation schedule outlined in the housing contract.
Returning students are not required to submit a housing deposit. All housing costs will be placed directly on the student's university account. Returning students have the option to choose housing early through the annual Room Selection process. Students who are otherwise eligible to move off-campus may cancel their housing without penalty until the established cancellation deadline (currently May 1). All cancellations must be received in writing at the Office of Residential Life to be considered valid. Cancellations received after the deadline are subject to the cancellation schedule outlined in the housing contract.
Returning students who apply for housing late will be provided a housing assignment as quickly as possible and will always be notified via email once the assignment is set. Students received an assignment after the initial cancellation deadline will be provided 72 hours from the time of notification to decline the assignment without penalty. After 72 hours the standard cancellation policy takes effect. Requests must be received in writing to reslife@loyno.edu.
Students will never be penalized for cancelling housing due to graduation or participation in special academic programs like Study Abroad.
When completing the cancellation application in your Residence account:
- Graduating seniors should select the "graduating" option and upload a copy of the graduation application email.
- Study Abroad participants should select the "study abroad" option and upload a copy of their acceptance letter.
Loyola requires every student to live on campus for three (3) academic years, or until attaining Senior standing. Campus residents are also required to take advantage of the many dining options on campus by carrying a meal plan. Click here for information about appeals for exemption from the residency requirement.
Questions?
If you have questions about cancellation policies or costs, please contact us!