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Spacer Board approves fall room and board rates

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The average cost of residence hall room rates at BGSU will decrease a bit for fall semester, while the average meal plan rate will rise 2 percent, following approval by the board of trustees Feb. 26.

Overall, the average room rate will be 1.16 percent lower, but the cost for some types of rooms will increase by as much as 2.93 percent. This includes the cost of the standard double room.

In determining the cost structure for BGSU residences for fiscal year 2011, CFO Sheri Stoll and the Residence Life staff analyzed recent occupancy and vacancy rates for the various types of rooms in various facilities, from singles with air conditioning to suites to apartments, and compared the costs with equivalents at peer institutions to ensure that BGSU’s rates are competitive.

On the meal plan side, the staff looked at government and industry predictions for inflation and the cost of food, along with progress toward the goals of the University’s residence and dining master plan. While BGSU has begun making changes to menus and food options since the partnership with Chartwells dining management began in July 2009, the meal plan remains the most important component of University Dining Services’ efforts to achieve a balanced budget, Stoll said.

The “bronze plan” equivalent is used by the Ohio Board of Regents as a point of comparison among institutions. The cost of that plan at BGSU will rise 2.43 percent.

The total cost to attend BGSU, including the new room and board rate increases, will remain below that of the other “four corner” universities–Kent State, Ohio University and Miami of Ohio—and Ohio’s large urban universities.

Also at the meeting, the trustees gave the green light for site preparations and utility infrastructure improvements necessary for the new residence halls, replacement for McDonald Dining Hall, and continued tunnel renovations later this summer. Some work will begin immediately. The demolition of the southwest leg of McDonald Residence Hall will occur after the close of spring semester.


 
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March 1, 2010

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