Application Fee
An application fee is a charge that individuals must pay when submitting an application for a service, program, or opportunity. This fee is commonly associated with processes like college admissions, job applications, or rental agreements. It helps organizations cover administrative costs related to reviewing applications.
The amount of the application fee can vary widely depending on the institution or service. For example, many universities charge an application fee to prospective students, while some landlords may require a fee to process rental applications. In some cases, waivers may be available for those who demonstrate financial need.