Billing and Contracts

The fine print is important, so in addition to the questions below, be sure to look at our Terms & Conditions.

Prior to occupancy, returning third-year and fourth-year students may cancel their room assignment but you will be charged a cancellation fee which escalates throughout the summer. The charge is based on the date that the cancellation request is submitted through MyHomeAtPenn. Once a resident takes occupancy or picks up keys, the agreement cannot be cancelled.

First-year, second-year, transfer and exchange students are required to live on campus and may only cancel if they are no longer planning to attend the University.

Rent will be posted on your SFS bill. For the Fall semester, the first bill is sent by early July. For the Spring semester, the bill is available in early December.