News

Rates to increase for River Crossing Student Housing

By DANIELLE MILLER

Staff Writer

Students planning to live on campus during the next academic year should prepare to pay a little more. The board of trustees at IU South Bend just approved a 2.5% increase in the amount students will pay in campus housing that will go into effect this fall.

“We regularly raise rates, it’s unavoidable,” said Jeff Jones, vice chancellor for student affairs and enrollment management in a phone interview.

“Utilities, maintenance and building materials increase every year and even though raises have been minimal in the last few years, salaries, benefits and health insurance have increased,” he said.

There is no cap on the amount that can be charged for student housing or the amount which it can increase per year. However, the board of trustees must approve every increase for the academic year based on Jones’ recommendations and budget reports.

“The board of trustees has judiciary responsibility for the entire university,” Jones said. “Housing is an auxiliary enterprise which means it stands alone,” he said.

Student Housing rates are set to rise, potentially affecting students' finances and their decisions on where to live Preface photo/MALORY PECINA

Student Housing rates are set to rise, potentially affecting students’ finances and their decisions on where to live
Preface photo/MALORY PECINA

The budget and funding is completely separate from the funding for the rest of the university he explained.

“We don’t receive money from campus, so things like materials we use for maintenance and repairs go up a little each year due to projected inflation and we have to cover those costs as well,” said Paul Krikau, director of housing.

“It’s the same as tuition increases. In the past five years, housing has increased every year,” Jones said.

According to Krikau, since utilities are included in the housing charges, they have to consider what the projected increases are going to be for water and electricity.

“Other housing options generally don’t include utilities in their packages, so when the electricity and water rates go up, they are passed directly onto the tenant,” Krikau said.

Student Elisabeth Caudill says she has no choice but to pay the higher rates.

“This increase will impose somewhat of a hardship on my family, but I live an hour away, so I have no choice but to stay at the apartments. I believe this is fair because these costs are going up, but so is everything else in this economy. I have a year and a half to live up there, so I am just going to have to tough it out and pay back my loans when the time comes,” she said.

Categories: News

Let us know what you think:

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s