Spilled coffee on work laptop and I have no clue what to expect

Tldr: spilled coffee on work laptop and the keys don't work properly anymore

I work for my university as a co-op student and from what I researched, it's more expensive to replace keys/repair liquid damage than to get a new one. Several of my friends said they'll likely be a bit more lenient with me because I'm a co-op student, but I feel really bad and I'm not sure what to expect from the university. Do workplaces get warranties to reduce cost of damage?

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