FULL TIME COLLEGE STUDENTS (ENROLLED FULL TIME)
We rent many off-campus student housing properties. If you are a full-time student, it is very likely that you cannot qualify to rent a property because of your limited income and little or no credit and rental history. To accommodate the needs of our full-time student applicants we have developed the following guidelines for application approval. Our student applicants should restrict their search the student rental sections of our website. Those properties are owned by our clients who are prepared to accept student renters with co-signers.
Co-signers are required for full-time students. Co-signers must be living in the United States, are preferably closely related to the student applicant and must be willing to sign the lease agreeing to bear the financial responsibility of the lease, including property damage, without being permitted to reside at the property. Co-signers are required to provide a current Transunion credit report dated within the last 30 days, and have a minimum credit score of 650. Special exceptions may be made for international students to allow them to rent a property without a co-signer if they pay a double deposit.
Please note: You may be a full-time student and want to rent a property without a co-signer or a property that isn’t on our student rental sections of the website. This is possible, but in that case you would have to apply and qualify on the conventional scoring standards. You must complete a full rental application, provide those documents and pay the fees.
If you are renting with roommates on a joint and several lease (please ask your leasing agent about whether the property you are interested in requires a joint and several lease or individual room lease), then all roommates must have co-signers or all qualify without co-signers.
If you intend to rent with roomates, but some of your roomates are not full time students, then you need to discuss this with the Director of Property Management to determine your application process. This process can vary depending on the property, who it is owned by, and the nature of your application.
In order to process your application, we need you to provide us the following two items:
1. Completed Student Application- We must have a separate completed application for anyone 18+ years old that will be living at the property. Please make sure to complete all fields as we only process fully completed applications. All information requested on the student application is required including dates of birth, social security numbers and photo identification numbers. DO NOT SUBMIT AN APPLICATION WITHOUT THIS INFORMATION.
2. A separate email to your leasing agent containing copy of a state issued photo ID for both tenant and cosigner. e.g. driver’s license, passport, military ID
3. A copy of your Co-signer's TransUnion credit report dated within 30 days of the application submission.
4. Proof of student status. This can be your acceptance letter, or something from the registrar's office stating your student status for the upcoming school year.
CRIMINAL HISTORY
Criminal history is given an individual assessment and is either considered qualified or unqualified based on those facts separate from the scoring of financial matters. In order to fully consider your criminal history, please provide any information you feel is necessary to understand the context of your convictions. Examples of information you may want to provide for consideration include the circumstances surrounding the criminal conduct, your age at the time of the conduct and evidence of rehabilitation. As we evaluate an applicant’s criminal history, special attention is paid to violent and sexual offenses. We base our decisions related to criminal history on our business concern for the safety of other residents and our staff. Only convictions are considered, arrests without conviction are not considered when evaluating an application. Convictions for the manufacture and distribution of illegal drugs (no matter how long since the conviction) will result in application denial.
**If you have more questions before proceeding please reach out to the leasing agent you are working with by calling 570-505-3347 and selecting the option for looking for a rental property.