New Room & Board Rates

2006 – 07 2007 – 08

7-Meal Option $3,161 $2,955

10-Meal Option

$3,301 $3,086

12-Meal Option

$3,426 $3,203

15-Meal Option $3,562 $3,330

Room and board rates will increase 6.95 percent for the 2007-08 school year for students living in Greek Court and residence halls.

The Board of Trustees approved the increase Friday to pay for rising utilities, increasing minimum wage, full-time salary increases, food expenses and ongoing improvements in the residence halls.

“I am pleased to tell you that the rate for this year is lower than it has been in the past several years,” said Dan Nadler, vice president for student affairs.

The 2006-07 rates increased by 7.5 percent, and the 2005-06 rates increased by 7.7 percent.

Next year, a seven-meal plan option will go from $2,955 to $3,161 per semester and a 15-meal plan option will go from $3,330 to $3,562 per semester.

University Apartments will also see an approximate 3-percent increase in housing ranging from $104 to $116 for a nine-and-a-half-month lease depending on the apartment.

University Court housing will increase for the first time in two years by 4 to 5 percent. Rate increases will range from $96 to $127 per semester depending on the apartment.

“Housing and dining has worked extremely hard to keep expenses down so students get the value of each and every dollar that they spend,” Nadler said.

He added that the university tries to keep competitive prices for off-campus housing options.

About 40 percent of students live on-campus, said Mark Hudson, director of housing and dining.

In other business, the board approved three major purchase items including a chiller for Klehm Hall and two five-year contracts for a telephone/voice service and a video service.

Robert Webb, BOT vice chair, congratulated and thanked Jeff Cooley, vice president for business affairs, and his office for their hard work in settling the two service contracts.

“The finance committee has examined both of these proposals and they appear to be very favorable to the university,” Webb said.

The telephone service contract is not to exceed $5.1 million during five years, and the video service contract is not to exceed $1.55 million during five years.

The board also approved the revised University Mission Statement, and two honorary degrees were awarded to Sue C. Payton and Jan Tarble for their accomplishments.