Regents Approve Room and Board Rates, Residence Life Budget for 2008-2009

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The Southeast Missouri State University Board of Regents today approved new room rates and a $17 million Residence Life budget for fiscal 2009.

CAPE GIRARDEAU, Mo.,

Feb. 18, 2008 – The Southeast Missouri State University Board of Regents today approved new room rates and a $17 million Residence Life budget for fiscal 2009.

Under the approved plan, room rates will increase an average of four percent in Southeast residence halls for next academic year. Dr. Dennis Holt, vice president for administration and enrollment management, said board rates will remain stable in fiscal 2009, bringing the average combined room and board rate increase to 2.67 percent.

New Residence Hall Room RatesBased on the new rates, annual residence hall fees will be $3,360 for Dearmont (which is not air conditioned); $3,673 for Towers South and East; $3,844 for Dearmont Plus; $3,907 for Cheney; $4,425 for Group Housing; $4,507 for Myers; $4,793 per person for triple rooms in Towers North and West; $4,966 per person for double rooms in Towers North and West; and $5,428 for rooms in Vandiver Hall.

Board RatesHolt says there will be no increase in board rates for fiscal 2009, since these rates increased five percent for fiscal 2008. This is consistent with an agreement with Chartwells, the University’s food service provider, not to increase board rates by more than five percent over  fiscal years 2008 and 2009.

The standard board rate schedule will remain as it currently stands. The most popular plan – 15 meals per week plus $140 in flex dollars – will cost students $2,070 annually. The 19-meal plan with $116 in flex dollars is $2,262 annually. The 10-meal plan plus $160 in flex dollars is $1,873 annually. The five-meal plan plus $270 in flex dollars is $1,597 annually.

The flex dollars reflected in the board rates are cash stored electronically on students’ ID cards as part of their meal plan. They can be used at any campus dining location to buy additional meals, food items, snacks and beverages.

With the approved room rate increases, the average combined room and board cost (based on rooms in Towers South/East and a 15-meal plan) will be $5,743, up from $5,601 last year. Non-Traditional Housing RatesIn other action, the Board approved a four percent increase for non-traditional housing at 401 and 505 Washington Street. The Washington Street Apartments consist of 19 units and vary in number of bedrooms, size of rooms and amenities. Monthly rates for the 2008-2009 academic year will range from $348.72 for a one-bedroom efficiency at 505 Washington Street to $471.81 for a two-bedroom apartment with a balcony at 401 Washington Street.

Residence Life Capital Maintenance and Repair PlanThe $17 million Residence Life budget approved by the Regents today includes a projected three percent increase for salary and benefits.

Meanwhile, Resident Life continues to proceed with a revised capital maintenance and repair plan approved by the board of Regents in 2002. Projects planned for system repair and replacement such as sprinklers for Cheney and Myers halls, elevators at Towers North and West, and windows at Towers Southeast and East have been moved to bond-funded projects to be completed in fiscal 2009 through fiscal 2012. Major projects include renovations at the Washington Street Apartments and Cheney Hall, upgrades to the core switch to improve bandwidth for internet service in the residence halls and replacement of ice machines.