INDIANAPOLIS — Students at Indiana University are likely to pay a little more for housing next school year.

A request to approve residence hall rates at Indiana University’s Bloomington, Indianapolis, South Bend and southeast campuses passed unanimously in committee Thursday afternoon and will now go before the board of trustees for approval today.

For the Bloomington campus, the request before the board of trustees’ finance, audit and strategic planning committee was a weighted average rate increase for room and board of 2.6 percent. MaryFrances McCourt, IU chief financial officer, said that would equate to an average increase of about $245 per year.

What students actually pay will depend on their specific housing accommodations and meal plans, said IU spokesman Mark Land.

IU’s Residential Programs and Services Office asked that meal plans at all levels increase by $50, which translates to an increase of between 1.2 percent and 1.5 percent, McCourt said.

The requested increase for room and board for the Bloomington campus is based on several factors, such as an expected 2 percent increase in salaries, utilities, repairs and maintenance. Another reason for the increase is to help with funding for the Wells Quad project that will return several administrative buildings on the south side of campus back to residential use.

© 2024 HeraldTimesOnline, Bloomington, IN