WBIW.com News - local

Brought to you by WBIW News and Network Indiana

IU To Raise Room-And-Board Rates By 3.5 Percent

Last updated on Thursday, February 21, 2013

(BLOOMINGTON) - Indiana University’s trustees have approved rate increases that will boost the cost of the Bloomington campus’ most popular room-and-board package by 3.5 percent.

The new rate structure approved Friday will raise rates for other apartments and residence halls as little as a half-percent to as much as 5 percent, depending on the housing accommodations.

The Herald-Times reports that Interim Chief Financial Officer and Treasurer Mary Frances McCourt says the increases are needed to cover inflation, student life programming and other needs.

Under the increases, IU's most prevalent room-and-board package will rise to $9,161 for the 2013-14 academic.

Nearly two-thirds of IU students living on campus chose that option, which includes an air-conditioned, double-occupancy room in a mid-amenity residence hall and a standard meal plan.

1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com

© Ad-Venture Media, Inc. All Rights Reserved.

Click here to go back to previous page