IU trustees approve room and board increases

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by Associated Press

WHAS11.com

Posted on February 19, 2013 at 9:19 AM

BLOOMINGTON, Ind. (AP) -- 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 (http://bit.ly/VE4GNk ) Interim Chief Financial Officer and Treasurer MaryFrances 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.
 

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