3.++Housing

HOUSING
Students will find adequate housing by renting an apartment or other housing. You may share an apartment with another person. You cannot be living rent free with family or friends. Students may choose to purchase a home as well. (SOL.GOVT. 15a, 16c, 17)

Requirements:

 * List what services/benefits are included in the rent, the location of the apartment, and other information necessary for housing.
 * Completed apartment add or application. If the student cannot obtain an application, then they should find a sample application by typing “sample housing application” in a search engine.
 * If sharing an apartment with another senior, you must give their name.
 * (If necessary) Obtain a loan application from a bank or financial company. Determine interest rates on your mortgage and monthly payments. EXTRA CREDIT: How will your length of payment change if you pay bi-monthly, add an extra 10% per month, or pay an extra payment per year? Why is this so? (Use the sites below to determine your answers.)

Resources:

 * Mortgage Payment Calculator
 * Apartment Finder
 * Apartment Guide
 * 8 Things You Need to Apply for an Apartment