The cost of living at Vincennes University will be higher in the 2016-2017 school year. The university’s board of trustees has approved an annual increase of $600 for room and board.
The university says some of the reasons for the increase include additional utility costs and ongoing major maintenance projects. However, Phil Rath, vice president for financial services and governmental affairs at VU, says the university will remain the lowest-cost residential college in Indiana.
Rath added there was no housing cost increase last year. He said VU’s housing is projected to have an annual operating reserve of $2.1 million because of the increase.