The Ball State University board of trustees approved new room and board rates for the 2015-2015 academic year Dec. 12. New students will pay a rate that is 4.5 percent higher than the current rate. Returning students will see no increase.

“Ball State University continues its commitment to providing high-quality academic and student life experiences while controlling costs in the best interests of our students, especially Indiana students,” said board of trustees chair Rick Hall.

Ball State students benefit from competitive rates that rank among the lowest in their peer group for dining and housing currently. Data from student surveys, the increasing number of upperclassmen who choose to live on campus and comments from parents and prospective students have shown that the schools dining and housing options play a role in attracting and retaining students.

“The residence halls and dining services are self-supporting, and rates are established to cover operating costs as well as renewal and replacement costs,” said Bernie Hannon, associate vice president for business affairs and assistant treasurer. “The university has emphasized renewal of these facilities in recent years in response to student feedback and to remain competitive in the marketplace.”

Indiana State University students will also see an increase of 2.9 percent in the cost of a standard residence hall room and meal plan for the next school year, as approved by university trustees Dec. 12.

Costs will start at just under $9,000 per year, with students being able to choose whether or not to pay more for additional amenities. Graduate students, returning seniors and juniors can also apply to live in new apartment suites in a housing and retail complex slated to open in August.

Source: Inside Indiana Business