Frequently Asked Questions

Please view the Application Process to view all current information regarding the Housing Application Process for the Milwaukee Institute of Art & Design.

Rent for the academic year can be found on the Pricing Page.

This amount is to be paid in two equal installments in August and January.

Tenants are automatically enrolled in landlord sponsored insurance at a cost of $70 per semester. This insurance satisfies the lease requirement.  There is an Opt-Out option available. 

Rent at Two50Two is in addition to MIAD  tuition and fees and there are no payment plans available.

Yes, all tenants are required to carry liability insurance at a minimum coverage of $100,000 per incident. Tenants are automatically enrolled, at their cost, in landlord sponsored insurance which meets the lease requirement.  Insurance cost is $70.00 per semesteer. Tenants may opt-out of the landlord sponsored insurance program by completing the Opt-Out form and submitting proof of insurance coverage that meets the requirements.  Policies must name 252, LLC and General Capital Management as additional insured. Opt-Out form is available at two50two.com under HELPFUL DOWNLOADS.  Please contact talk@two50two.com with any questions.

If you are NEW to MIAD, you will be sent a lease after the Landlord has approved your application and you have made your MIAD tuition deposit. Leases are sent out to all tenants and cosigners via email for electronic signature. At the time that the lease is signed, it will be necessary to pay the $225 security deposit. 

If you are RETURNING to MIAD, once your application has been approved, you and your cosigner will be sent a lease. At the time that the lease is signed, it will be necessary to pay a $225 deposit for your 2024/2025 lease. Security deposits may NOT be rolled over. 

Rent due dates vary based upon your financial aid status. 

NOT RECEIVING FINANCIAL AID

Your rent for the first semester is due on the first of August.

RECEIVING FINANCIAL AID

If you are receiving a financial aid refund check, MIAD will deduct your tuition and fees and the balance left will be disbursed  to you or to your parent, after which you must immediately pay your Two50Two rent. Please refer to the Deferment of Rent Agreement that is part of your lease. 

There are several ways to make your rent payment. 

• Online via your tenant portal account using an e-check is the most efficient method. The link to the tenant portal is at the top of this page. When using the tenant portal, do NOT select any of the “Auto Pay” options when making your payment. Please contact talk@two50two with questions. 
• Credit card payments can also be made from your tenant portal account, however there are fees charged by a third-party processor for using this method. 
• Check or money  order made out to “252, LLC” can also be used. This check or money order can be mailed c/o General Capital Management 6938 N. Santa Monica Blvd, Fox Point, WI 53217 or hand delivered to the 252 Office. Cash is NOT an acceptable form of payment. 

Students can expect to receive their financial aid checks for the first semester in mid-September. 

For more information on credit release  dates contact the MIAD Office of Student Accounts or the MIAD Financial Aid Office.

You will be notified by email when charges for the semester’s rent have been posted to your account. 

You can also find out your balance due by logging into your tenant portal account. Paper statements will NOT be sent. 

Students without enough financial aid to cover the entire amount of rent must make payment of any remaining balance within 15 days from  the date Landlord was notified that your financial aid was disbursed. 

Late payments will be assessed a monthly fee of 3% on the balance due. Tenants are also subject to legal notice and eviction. Tenants with past due balances will be on a MIAD account lock and will not be permitted to register for classes or receive records and transcripts. 

Your rent includes the use of a bed in a double or triple bedroom, shared use of bathrooms, living room and kitchen; as well as gas, electric, water, sewer, trash collection, recycling, and internet service. Your rent also covers the use of lounges, study rooms, Luxer secure package system and the lobby. There are laundry facilities available for use on each floor.

Second semester rent is due on January 3rd if you are not receiving financial aid. 

If you are receiving a financial aid refund check your rent is due to 252, LLC fifteen (15) days from the date Landlord is notified that your financial aid was disbursed. 

All financial aid questions can be answered by the MIAD Financial Aid Office at 414-847-3270 or email finaid@miad.edu.

252 management will contact you and will charge you a late fee. If you do not pay your rent, you may be evicted and will still be responsible for the full amount. Leases are issued for the academic year, tenants and cosigners are responsible for the full amount of rent. Tenants with  past due balances will be on a MIAD account lock and will not be permitted to register for classes or receive records and transcripts.  

All tenants must pay a security deposit of $225 at the time they sign their lease agreement. Tenants will not be permitted to move into the  apartments until the security deposit is paid. Security deposits from a previous term may not be rolled over to a new lease period.  

Please direct questions to the community support staff at General Capital Management by contacting them at talk@two50two.