Indiana State University trustees have approved room and board rates for the 2016-17 school year. The rates will increase 2.9 percent for a standard resident hall room and meal plan.
ISU says the cost at some facilities will decline in the next school year. Rates and Hines and Jones halls will see a $235 reduction
"As the university continues to strategically invest in improved student housing, rates are reviewed annually to ensure student housing remains affordable and that rooms are categorized with the appropriate rate," said Diann McKee, senior vice president for business affairs and finance. "For 2016-17, room types have been modified to more accurately reflect amenities offered based on the recent renovations of the majority of the residence halls."
The trustees also approved a 4.9 percent increase in monthly health insurance premiums for employees. The university says its claim costs during the past year were better than health care trends and the increase is 1.4 percent lower than last year.