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Frequently Asked Questions
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If your question relates to lease generation, please visit the Housing Frequently Asked Questions web page: http://facilities.princeton.edu/housing/b_graduate/faq.htm. For rates, visit: http://facilities.princeton.edu/housing/c_staff/rental_rates.htm

Following are frequently asked questions regarding rental payments:

Directory of Frequently Asked Questions
 
1.) How do I pay for my rent?
2.) What if I live in an apartment during July and August when I do not receive a stipend/paycheck?
3.) When is the rent due?
4.) Where do I send rent payments?
5.) Who do I contact to ask question regarding rent payment?
6.) What if I owe rent when I am ready to vacate my apartment?
7.) Does my security deposit go towards by first month’s rents?
8.) Do I pay another security deposit when I move from one apartment to another even if the monthly rental payments are different?
9.) How long does it take for my security deposit to be sent to my forwarding address?
 
 

1.)
How do I pay for my rent?
 
If you are a graduate student receiving a Princeton stipend or an employee on payroll, your rent is deducted from your monthly stipend. The deduction code on your pay stub will show as “RN”.

If you are not receiving a monthly stipend/paycheck from the University, or if your stipend/paycheck is not sufficient to cover the full monthly rental charge, it is your responsibility to pay these charges by cash or check each month directly to the Rent Department located at 701 Carnegie Center, Suite 161 Princeton, NJ 08540 . Please note that you will not receive an advance billing notice of the monthly rent due. Note that once we have confirmed that you are not receiving a monthly stipend, coupons will be sent to you to facilitate the monthly payment process.

 
2.)
What if I live in an apartment during July and August when I do not receive a stipend/paycheck?
 
If you receive a stipend or salary on a ten month basis, the Rent Department will deduct monthly rental payments due for September through June. However, this means you are required to submit direct payments for your rent during July and August each year to cover charges during the summer when stipend or salary is not available for us to make deductions.

 
3.)
When is the rent due?
 
Rent payments are due on the first of each month. Your monthly pay will reflect the fact that rent was deducted for the month in which you are being paid. We do not deduct rent in advance of the month due. Therefore, your September pay will show that the payment of rent for September.

 
4.)
Where do I send rent payments?
 
Checks can be dropped off or mailed to the Rent Department, 701 Carnegie Center, Suite 161 Princeton, NJ 08540. If paying by cash, please see the Cashier, also located on the 3rd floor, New South.

 
5.)
Who do I contact to ask question regarding rent payment?
 
Question should be sent to Evelyn Wysocki at elwysock@princeton.edu. The Rent Department will be able to assist you with questions regarding the amount of rent due or deducted from your stipend. All other questions regarding terms of your lease should be directed to the Housing Department, MacMillan Building, 609-258-3721. Housing site: http://facilities.princeton.edu/housing/

 
6.) What if I owe rent when I am ready to vacate my apartment?
 
You are responsible for making all payments due during the term of the lease. If you vacate with an open balance, the amount will be deducted from your security deposit.

 
7.) Does my security deposit go towards by first month’s rents?
 
No. The security deposit is placed in an interest bearing bank account. When you vacate your apartment, your security deposit will be returned to you less any damages to your apartment and/or unpaid rent.

 
8.) Do I pay another security deposit when I move from one apartment to another even if the monthly rental payments are different?
 
The Housing Department will authorize us to transfer your deposit to your new lease. You may be required to submit additional funding if your new apartment has a higher monthly rate.

 
9.) How long does it take for my security deposit to be sent to my forwarding address?
 
The Housing Department is responsible for notifying the Rent Department that your lease has ended and that you are entitled to receive your deposit (less damages and/or unpaid rent).After receiving notice, it will take approximately 4 weeks until you receive your deposit. Please remember to give a forwarding address to the Housing Department in order to facilitate the refunding process.

 
 
   
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