The Eastern Michigan University Board of Regents approved a 4.5 percent increase in room and board rates at a special meeting Aug. 2.
The average cost increase for the academic year will amount to $274 and is effective fall 2005.
The standard 20-meal, double occupancy room will increase from $6,082 to $6,356. Single occupancy, room and board rates will be $8,122.
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HOUSING RATES: Eastern Michigan University room
and board rates on campus will increase 4.5 percent
for 2005-06. The increase is for residence halls,
which includes The Village (above, foreground) and
the Towers (background). |
The increase in the rate will help housing and dining services meet its budgeted occupancy goals, meet debt payment obligations, fund basic facilities needs, maintain current levels of service and maintain a reserve fund balance of at least $1 million, according to Jim Vick, vice president for student affairs.
The average room-and-board rate increase among state institutions is 4.3 percent, with increases ranging from a decrease of 2.61 percent to as much as a 7.8 percent increase. Northern Michigan University has the highest approved increase at 7.8 percent, while Western Michigan University raised its rate by 5 percent.
Of the 13 state universities and colleges reporting, EMU's annual total cost for housing and dining ($6,358) for 2005-06 ranks ninth and is below the state average of $6,436.
EMU currently has 14 residence halls and 530 apartments. More than 3,700 students will live in university residence halls and apartments for the 2005-06 academic year, including an estimated 1,800 first-time students.
