By Megan Zahneis, News Editor
Miami University’s Board of Trustees is expected to approve $13 million in funding for renovations to Shriver Center and the Campus Avenue Building (CAB) during its meeting Friday morning. Also on the docket is a proposed 2 to 3.5 percent increase in room and board charges that would apply to current sophomores and juniors as well as the Class of 2021.
$9.5 million in construction costs will be allocated to Shriver Center, which has been undergoing an initial round of renovations this semester that will allow Student Disability Services and the Rinella Learning Center to move in, relocating from the lower level of CAB, in January 2017.
The Board of Trustees will vote to approve the $9.5 million budget for the second and final stage of Shriver renovations, set to take place from August 2017 to May 2018. That project will see Shriver house a new, centralized mail center that will support an online book-buying model, as well as modifications to the university bookstore and facelifts for several individual rooms.
Work on the CAB basement is estimated to cost the university $3.5 million and will allow University News and Communications to occupy the space left by Student Disability Services and Rinella Learning Center. University News and Communications, which is currently split between MacMillan and Williams halls and the Glos Center, will share space and resources with Miami’s HOME Office in CAB.
And pending approval today, the Class of 2021 will face steeper room and board fees than their peers in the Class of 2020, Miami’s current first-years, who are protected by the Tuition Promise Guarantee that began this fall. And since current sophomores and juniors aren’t covered under the guarantee, they’ll be paying more for their on-campus housing as well.
Under the new pricing plan, incoming first-years would be billed $6,931 per semester for a double, a price inclusive of a meal plan and housing fee, up 1.93 percent from the current rate for first-years. For a non-renovated double, that price would drop to $6,243, constituting a 3.53 percent increase.
And for current sophomores and juniors, a renovated double with meal plan fee would cost $6,765, up 1.73 percent from this year’s figure, while those opting for a non-renovated double would be charged $6,105, which is a 3.47 percent markup.
Miami’s’ final Board of Trustees meeting of 2016 will be held at 9 a.m. in room 180-6 of the Marcum Center and is open to the public.