What does “per installment” mean?

I'm looking at different student housings and it says "... beginning at $735.00 per installment." What does this mean?

1 Answer

  • Apparently, there are several different kinds of housing available, and the cheapest is $735 for each "installment." How much money that totals depends on how frequent the "installments" are. Sometimes the rental is "by the year," with four "installments," one each three months. Sometimes the installments are "monthly." Look at the information carefully to determine how many "installments" there will be, and when they will come due. If that detail is not evident, contact the housing office directly and get clarification from someone on the staff. They'll gladly explain how things work.

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