|In 2006-07, room rates for students will increase.|
| On Feb. 25, the Wesleyan Board of Trustees set tuition, room and board rates for the 2006-2007 academic year. Tuition and fees will increase 5 percent to $34,844. Room rates will increase 8 percent, bringing the base double room rate to $5,808, and the base 12-meal dining plan rate will increase 5 percent to $3,732.
The increase in the room rate reflects the escalating cost of utilities in the residence facilities. Wesleyan is also continuing a program to renovate residence halls to improve safety and security. This summer will see completion of the installation of proximity access locks on all undergraduate residence hall facilities accommodating more than 20 students. Tamper-resistant ground-floor windows in the Foss Hill residences and improved fire alarm and sprinkler systems will be installed; lounges will also be renovated.
Additionally, in response to requests from students and parents, senior houses and apartments will be furnished; $200 will be added to the room rate for these units for this purpose. This change was endorsed by the Undergraduate Residential Life Committee, which includes representatives from the Wesleyan Student Assembly, Physical Plant and Residential Life.
Maintaining Wesleyan’s commitment to providing access to students from all backgrounds remains one of the universitys highest priorities. Wesleyan provides financial aid awards that meet 100 percent of demonstrated need. Awards typically include loans, campus employment and grants. In 2005-06, 44 percent of students received grant awards averaging $24,756; scholarships for all four classes totaled $29.3 million.
Wesleyan continues to manage its finances strategically and prudently. The university administration has been efficient in this endeavor, having one of the lowest ratios of administrative costs to educational expense among our peers. While Wesleyan continues to identify new efficiencies, the university administration has been mindful to do so in a way that does not compromise support of the primary academic mission of the university. Wesleyan remains committed to strong financial discipline while providing a first-rate liberal arts and science education that prepares its students to be leaders in a global society.
|By Justin Harmon, director of University Communications|