"The Housing License Agreement (HLA) is for a full academic year (Fall and Spring semesters). There are no Fall-only license options. Students who plan to graduate in December 2014 should find alternative housing. Students will be held financially liable for charges for the entire year of living in the residence halls if they sign up to live on campus for the 2014-2015 academic year, even if they are no longer a student at the Academy of Art University in Spring 2015 (including students who withdraw)."
Here’s a scenario for you. At the beginning of the next academic year, I will be paying the $500 deposit, the $4,500 for fall housing, and the $4,500 for spring housing. If I graduate in the fall, I will NOT be reimbursed at all. The school will keep the $4,500 I originally paid for spring housing, I will move out, and another student will take my place, who will pay for their own housing fee of $4,500 that semester. This way, the school is able to make a 150% profit with their new “policy.” They are already increasing our tuition as it is, so how much more do they need to milk us?
I am enjoying my education here, but I am hating this fucking school for taking advantage of its students like this.