Proposal will raise IU residence hall rates an average of 5%

INDIANAPOLIS — Residence hall rates at Indiana University will go up by an average of 5.2 percent for most students if a new rate structure approved in committee Thursday is approved by the full board of trustees today.

Senior Vice President and Chief Financial Officer Neil Theobald said the costs of renovations to Briscoe Quad and Tulip Tree married student housing are a major factor in the need to increase residence hall rates and that neither facility, built in the 1960s, had been renovated until recently.