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Penn State Board Meetings:

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From Atherton to Auburn

Junior
Jun 5, 2022
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BobPSU92

BobPSU92

Heisman
Aug 22, 2001
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“Board committee recommends approval of 2023-24 room and board rates”

See the link below. From the article:

“UNIVERSITY PARK, Pa. — The room and board rate at Penn State’s University Park campus — based on a standard double room and the mid-level meal plan — would increase by $224 per semester, or 3.56%, for the 2023-24 academic year under a plan approved today (Feb. 16) by the Penn State Board of Trustees Committee on Finance, Business and Capital Planning. 

The proposed rates will next go to the full Board of Trustees for final consideration on Feb. 17.

The plan also calls for a total 2.15% increase in room and board rates at Penn State’s Abington, Altoona, Beaver, Berks, Brandywine and Harrisburg campuses, and a 1.41% increase in room and board rates at the Behrend, Greater Allegheny, Hazleton, Mont Alto and Schuylkill campuses. The aggregate room and board rate increase at the Commonwealth Campuses is proposed to be 1.78%.

Sara Thorndike, senior vice president for Finance and Business/treasurer, indicated that high inflation, particularly for food and utilities, was a primary contributor to this year’s proposed rate increases, in addition to new debt on renovated residence halls. The proposed rates include projected cost increases for employee salaries and benefits, facility maintenance and renewal, and the operation of the Residence Life program.”


“…new debt on renovated residence halls.”

o_O
 
91Joe95

91Joe95

All-Conference
Aug 15, 2003
2,843
4,080
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BobPSU92 said:
“Board committee recommends approval of 2023-24 room and board rates”

See the link below. From the article:

“UNIVERSITY PARK, Pa. — The room and board rate at Penn State’s University Park campus — based on a standard double room and the mid-level meal plan — would increase by $224 per semester, or 3.56%, for the 2023-24 academic year under a plan approved today (Feb. 16) by the Penn State Board of Trustees Committee on Finance, Business and Capital Planning. 

The proposed rates will next go to the full Board of Trustees for final consideration on Feb. 17.

The plan also calls for a total 2.15% increase in room and board rates at Penn State’s Abington, Altoona, Beaver, Berks, Brandywine and Harrisburg campuses, and a 1.41% increase in room and board rates at the Behrend, Greater Allegheny, Hazleton, Mont Alto and Schuylkill campuses. The aggregate room and board rate increase at the Commonwealth Campuses is proposed to be 1.78%.

Sara Thorndike, senior vice president for Finance and Business/treasurer, indicated that high inflation, particularly for food and utilities, was a primary contributor to this year’s proposed rate increases, in addition to new debt on renovated residence halls. The proposed rates include projected cost increases for employee salaries and benefits, facility maintenance and renewal, and the operation of the Residence Life program.”


“…new debt on renovated residence halls.”

o_O
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It almost looks like they want to hold the line on tuition.

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