Proposed Revisions to 940.22 - Room Reserve Deposit and Refund Schedule
Board Policy:
1. Presidents and chancellors may
establish room reserve deposits according to the following procedures:
Procedures:
1. Room deposits may not exceed $100.00.
2. The entire deposit must be applied against
the required room and board charges when the student registers.
3. Room deposits must be refunded as follows:
a. 100% if the student cancels the reservation
in writing by July 15.
b. 50% if the student cancels the reservation
in writing by August 15.
c. No refund will be paid for notices received
after August 15.
4. Deposits will be retained in the auxiliary
accounts.
History:
Item 26-009-R0180,
Room reserve deposit and refund schedule, Montana University System, January 7,
1980, as revised October 29, 1982.