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If an individual decides to give up a permit, the amount of the remaining terms may be refunded. The permit, or remnants thereof, or the transferable permit, or remnants thereof, must be removed and returned to Parking Services before a refund is granted. Individuals unable to comply with this requirement shall be required to submit a signed written statement that the permit(s) has been destroyed. Any outstanding violations will be deducted from the refund. No refund will be made for any semester after fifteen (15) class days have elapsed.