We are less than a mile away from campus!
Yes! We do have a gate system in place.
Your contract is based on a total amount that is divided into 12 equal installments for convenience. Your first installment will be due August 1 and the last on July 1.
We do not prorate rental installments. The entire contract amount is due to each resident and split into monthly installments, not by the duration of which you stayed in the unit. For example, you will be charged the same on the 15th of the month, that you would be charged on the 1st of the month. This also does not change the dates that your installation is due by.
Installments are due by the first of each month and are considered late on the fourth. You can pay this through your resident portal with a debit/credit card or e-check. Alternatively, you can bring in or mail a physical check or money order to the leasing office.
We do not offer any short-term leases at this time. All leases are 12-month leases that end on July 30.
All leases are 12-month installments beginning on August 16 and ending on July 30. If you need to get out of your lease early, you can relet your unit by finding somebody to take over the remainder of your lease.
The following items are not included in your installment:
·Rental liability insurance – Rental liability insurance is required for allresidents at University Edge Waco. Residents may provide their own third-party insurance to be contracted directly, or you may opt-in to University Edge Waco’s liability waiver program for an additional $12.95/month. You will automatically be charged for the liability waiver program unless you provide proof of third-party insurance that meets our requirements as described in your lease. Rental liability insurance does not cover your personal belongings. You must obtain your own personal policy to protect your belongings.
•Utilities
•Community Fee
Optional add-ons
•Pet rent
•Furniture packages
•Parking (General and Reserved options are available)
An individual lease is a per-bed lease. You sign a lease for a bed space in the apartment and share common areas with roommates. This means you are only responsible for your own installments. This allows you to live with roommates without having to worry about whether they are going to pay on time.
A guarantor is a co-signer for your lease agreement. Because students often do not have an income, having a guarantor allows us to qualify you for a lease based on your guarantor’s income.
You will list the name and email of your guarantor during the application process, and your guarantor will receive an email to fill out their portion of the application. Contact the University Edge Waco team for more information on whether you will need a guarantor.
For a guarantor to qualify, they must meet the following qualifications:
1. Must earn 3x the monthly installment
2. Must not have filed for bankruptcy in the past seven years
3. Must have a credit score of 600
We require all residents at University Edge Waco to guarantee their lease in one of the following two ways:
1. Sign with a guarantor that meets the qualifications above
2. Prepay two rent installments, which are applied to the last two months ofyour lease term (conditions apply; please speak with a team member formore information and to see if you qualify for this option)
3. Utilize the LEAP program offered by University Edge Waco
If you do not provide someone to act as a guarantor on your behalf, or you cannot prepay two installments, you will be enrolled into the LEAP program by our leasing team. LEAP acts as your guarantor for a monthly fee of $42, which is added to your rent payment. Contact the University Edge Waco team for additional information.
We need your Social Security number to run standard credit and criminal background checks.
University Edge Waco is using software from Entrata to keep your personal information secure. All your data, including your name, email, birth date, and Social Security number, are secured using encryption techniques that banks use to keep your financial information private. Data is transferred via an SSL/TLS connection using 2048-bit encryption between your computer and Entrata’s servers.
The apartments do not come furnished. We do have furniture packages available on select apartments.
The Premium upgraded apartments come with granite countertops.
We will provide the common area furniture and bedroom furniture.
The common area furniture includes:
•Couch
•End Table
•Coffee Table
•TV Stand / Entertainment Center
•Dining Table
•Dining Chairs
The bedroom furniture includes:
•Mattress
•Bedframe
•Desk
•Desk Chair