EMU Board of Regents approves 4.5 percent rate increase for housing and dining
YPSILANTI - The Eastern Michigan University Board of Regents approved a 4.5 percent increase in room and board rates at a special meeting today.
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.
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.
The average room and board rate increase among state institutions is 4.3 percent, with increases ranging from –2.61 to 7.80 percent. Northern Michigan University has the highest approved increase at 7.80 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 student.
Eastern Michigan University is a public, comprehensive university that offers programs in the arts, sciences and professions. EMU prepares students with the intellectual skills and practical experiences to succeed in their careers and lives, and to be better citizens.
Eastern Michigan University is a public, comprehensive university that offers programs in the arts, sciences and professions. EMU prepares students with the intellectual skills and practical experiences to succeed in their career and lives, and to be better citizens.
Editor's Note: Looking for an expert source for a story? Check out EMU's Eastern Experts online at www.emich.edu/univcomm/easternexperts.