Housing Prepayment Policy
As EKU Housing continues to improve our processes in order to give our students the best possible on campus living experience, we have decided to do away with the Housing deposit. In its place, we will be introducing a non-refundable pre-payment. The $200 prepayment is paid online during the application process. All students choosing to live within EKU Housing for will be required to pay this pre-payment before being able to select their room. This pre-payment will go towards the outstanding housing payment that will be due for the first semester each Academic Year. If a student continues to stay with housing from Fall into Spring, they will not need to pay a new Prepayment. Only the first semester of each Academic Year requires a prepayment.
EKU Housing is informing all current residential students of this change now to allow as much time as possible to adjust your finances and to expect this expense in February/March. If you have any questions or concerns regarding this process, please feel free to call us at 859-622-1515 or contact us by email.
Frequently Asked Questions:
Why are you increasing fees?
EKU Housing is not increasing fees. In fact, we are reducing your overall fee. For example, if a student’s housing charges are $2,500 for the semester, your bill, once the semester begins, will only reflect a balance of $2,300. EKU Housing is effectively reducing the overall amount paid by not requiring a deposit on file. The pre-payment will be applied to your semester housing fee once the student arrives for that semester.
When should I complete the pre-payment?
Students are required to complete the pre-payment during the Housing Application / Housing Re-Contracting process. Students can make this payment during the application process. Students will not be able to complete the application process without making the pre-payment.
Why was this communication sent?
EKU Housing sent this communication to give students and their families notice that this change was coming so they could prepare for the pre-payment in advance.
Will my financial aid cover this housing application pre-payment?
Typically students will apply for housing prior to receiving their Financial Aid Awards. If this is the case, then you are unable to cover the pre-payment using any Financial Aid. However if students wait to pay the pre-payment (and thus, do not reserve an assignment) until after they receive any Financial Aid Awards, they are then able to pay the pre-payment. If your aid has not been awarded yet, you can pay the pre-payment now and then reimburse yourself once your aid is available
How often will I need to complete the application pre-payment?
Students will complete the pre-payment once each academic year with most students completing the pre-payment after filling out their fall semester housing application.
What other reasoning went into making this decision?
In the past, students would hold their on campus room assignment until just before the semester began and either not attend EKU or live off campus. We call these students “no-shows.” Student no-shows occupy available rooms you may want to occupy. The pre-payment may help students who are eligible to live off campus commit to living on or off campus and not holding spots you want.
Lastly, research of our peer institutions within Kentucky and national benchmark institutions show a trend of universities moving towards an application pre-payment process and no longer processing deposits.