The Foundation Tower, East Lansing

Security Deposit

• A refundable security deposit equal to 1.5 months' rent is required once for residents who qualify without a guarantor.

Pay In Instalment

• The total rent for the term is divided into equal monthly instalments.
• Instalments are due on the first of each month during the residence.
• Instalment amounts are not prorated, including when a resident moves in after the first of the month or moves out before the last day of the month.

Mode Of Payment

• Rent may be paid online through the resident portal by ACH, debit card, or credit card.
• Cash payments are not accepted.
• Convenience fees may be charged for online payments.

Guarantor Requirement

• A guarantor is not required if the applicant qualifies independently by earning 3 times the monthly rent.
• Pay stubs are required for self-qualification.

Additional Fees

• Utility Fee: $45–$50 per month, depending on the floor plan; covers all utilities.
• Application Fee: $30 per application.
• Administration Fee: $200 per application.
• Pet Fee: $300 per pet, non-refundable, due at move-in.
• Pet Rent: $20 per pet per month.
• Rent Plus: $10 per occurrence.
• Damage Liability Waiver (DLW): $17 per month; opt-out is available with proof of outside liability coverage.
• Late Fee: $150 per occurrence.
• Transfer Unit Fee: $350 per occurrence.
• Transfer Bedroom Fee: $350 per occurrence.
• Reletting Fee: 1 month's rent per occurrence.
• Assignment Fee: $350 per occurrence.

Delayed Arrivals & travel restrictions

• If you are unable to travel due to government-imposed travel restrictions, please contact the team with the relevant supporting documentation. We will facilitate the request to review your circumstances and explore the possibility of cancellation/contract amendment. Requests are considered individually, and any outcome will depend on the property's review and applicable booking terms.

University Course Cancellation/Modification

• If your course has been cancelled by your university, please reach out to the team with the relevant supporting documentation. We will liaise with the property team to review your request on a case-by-case basis for cancellation. The resolution will be subject to the property's assessment and the terms of your booking.

Deferring Studies

• If you have deferred your studies, please contact the team and share your updated university documentation. We will notify the property team to review your request for cancellation/contract amendment. Requests are assessed individually, and the final outcome will be subject to the property's review and booking terms.