The Indiana University Board of Trustees approved on-campus residence hall rates for each campus with housing for the next academic year during the Feb. 3 meeting, with increases near or below 1.5%.
The standard room and board rate for IU Bloomington will increase 1.34%, or $157 per year. Rates at IUPUI will increase 1.48%, or $184 per year. IU South Bend room and board will increase 1.3%, or $82 for the most common room type. IU Southeast room and board will remain unchanged.
The modest increases are tied to inflation, which has especially affected food costs across the university. Campuses have taken steps to mitigate inflation’s impact, including a shift to the all-you-care-to-eat model at IU Bloomington, which allows students to visit a dining hall multiple times a day and eat unrestricted servings.
“While inflation nationally ran above 8% for most of the past year, IU has been able to implement room and board increases at or near the lowest levels in over a decade,” said Donald Lukes, IU treasurer.