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re: LSU charging 75% penalty to all students who moved out of dorms for CoronaVirus (updated)

Posted on 3/19/20 at 11:15 am to
Posted by ldts
Member since Aug 2015
2677 posts
Posted on 3/19/20 at 11:15 am to
quote:

ECA is $3900 annually. 22% returned would be $865. Which is pretty close to the $748 they're reportedly refunding.


ECA is 3980 per semester for a 4 bedroom apartment.
That's 7960 for the year. Using the 2/9 left over as per your 7/9s contention would leave a refund of 1768.89 With a 75% deduction this comes to 442. Yes they are giving this penalty.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 3/19/20 at 11:18 am to
quote:

ECA is 3980 per semester for a 4 bedroom apartment.
That's 7960 for the year. Using the 2/9 left over as per your 7/9s contention would leave a refund of 1768.89 With a 75% deduction this comes to 442. Yes they are giving this penalty.



I'm here to eat my crow. Took a quick glance at the rates and ignored the semester tag.

OP is correct. Would have done a better job linking the housing contract that outlines this.

Poor form by ResLife...they deserve the hell they should get.
Posted by bbap
Baton Rouge, LA
Member since Feb 2006
96054 posts
Posted on 3/19/20 at 1:21 pm to
quote:

ECA is 3980 per semester for a 4 bedroom apartment.
That's 7960 for the year. Using the 2/9 left over as per your 7/9s contention would leave a refund of 1768.89 With a 75% deduction this comes to 442. Yes they are giving this penalty.




I understand your math but neither of your amounts (refund with and without penalty) come close to the amount they are reportedly refunding. Something is weird here.
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