A: The license term for the 11.5 month period is August 1 through July 15. The semester rent is displayed for your bursar billing reference (fall semester period is August 1 through December 31 and spring semester period is January 1 through July 15). The pricing matrix includes annual costs for the entire 11.5 month license for your reference as well. The Security Deposit amount reflects the deposit due before or upon move in. This will be returned to you after you move out as long as you vacate the apartment in its original condition.