Parkside Student Residence

All requests for early release must be made in writing to the Manager and requests for release will be responded to in writing within 7 business days of receipt. The resident will be released from the Residence Agreement subject to applicable penalties if one of the following applies:

1. (a) Resident is denied admission to Centennial College
2. (b) Resident is denied study permit/Visa
3. (c) Resident is withdrawn from or is not enrolled in classes PRIOR to the start of the Residence Agreement with secondary verification of non-enrollment made on the 30th class day of the semester.
4. (d) Resident is able to obtain a replacement for their lease who meets all requirements set out in Paragraph 1 and who has not previously applied to live at respective college. The manager must approve all lease replacements.

If approved, upon the termination of this Agreement, the Resident may be entitled to a partial refund of the residence fees, without interest. The refund will be in the form of a cheque mailed to the Resident’s permanent address on file. Refunds will be calculated on a pro-rated daily basis if the Agreement term has already begun. All cancellations will be charged an administrative fee equal to their Security Deposit. Residents who do not meet one of the above criteria for release are held responsible for their Agreement until such a time that they satisfy one of the criteria for release.

If during the term of this Residence Agreement a resident no longer meets the eligibility requirements set out in Paragraph 1 by withdrawing (both voluntarily or involuntarily) they will be required to vacate their assigned room immediately. This does not limit or reduce the resident’s financial obligations as outlined on Page 1 of the Residence Agreement until such a time that they satisfy one of the criteria for release.

There is no payable fee to cancel an Agreement without first meeting one of the above terms and conditions. Residents moving out of college prior to the end of their Agreement duration will be held to their payments unless they can provide official documentation illustrating the above conditions have been met. It is the responsibility of the resident to provide this documentation to property staff in a timely manner.