Last modified: Friday, March 4, 2005
IU Bloomington housing rates to increase by 3.55 percent
Rates remain the third-lowest in the Big Ten
BLOOMINGTON, Ind. -- Indiana University's Bloomington campus will remain the third-lowest for room-and-board rates among Big Ten universities. IU trustees today (March 4) approved a package of housing and meal rates for the 2005-06 academic year with an overall average increase of 3.55 percent.
For individual students, housing rate increases will vary from 1 percent to 4 percent, depending on location and type of housing. IU Bloomington offers traditional dormitory housing as well as theme-based housing and a variety of apartment and co-op arrangements.
For example, the cost of a double room in Eigenmann Hall will increase by $140, or 4 percent, next year to $3,617. The monthly cost of an efficiency apartment at University Apartments will go up by just $6, or 1 percent, to $557.
Meal plans will increase by an overall average of 3.84 percent -- the first time in four years that the university has had to raise meal rates. The average cost for a residence hall meal plan next year will be $4,166.
Bruce Jacobs, IU vice chancellor for auxiliary services and programs, noted that over the past decade, IU Bloomington has moved from charging the third-highest room-and-board rates in the Big Ten to the third-lowest. The university has accomplished this by carefully managing costs and personnel.
"Yet, during that same period of time, our residence satisfaction survey, which is conducted by an outside agency, shows a steady increase in our students' satisfaction with their on-campus living experiences," Jacobs told trustees.
Jacobs said the wide variety of special programs and services offered in student housing -- including tutoring, theme-based communities, wellness and fitness programs, and "living-learning centers," are proving to be very attractive to many students. He said IU's student housing is attracting the same number of returning students each year despite competition from many new off-campus properties.