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2007-2008
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Class Year |
Residential
Comprehensive Fee |
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Freshmen |
$10,130 |
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Sophomores |
$10,130 |
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Juniors |
$11,512 |
|
Seniors |
$11,512 |
Last year, the
Undergraduate Residential Life Committee and the Wesleyan
Student Assembly raised the concern that financial aid
calculations were based on the residence hall double room rate.
The cost differential for a single room, apartment or wood
frame, possibly as much as $1400, could only be covered with
additional loans. Implementing a different housing rate, based
on class year rather than room type, makes it possible for
Financial Aid to cover the full cost, and provide equal access
to all housing options. The proposal was approved by both
student groups. Wesleyan has increased its budget for
scholarship grants by $850,000 to cover this change.
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The
amount of the residential comprehensive fee was determined by
taking an average of costs for students over a two year period.
Therefore, although first year students may be paying slightly
more than they would have in the current room rate structure,
they will be paying less their sophomore year than under the
current structure. Juniors and seniors typically live in
smaller facilities that offer more autonomy, and are more
expensive to heat, repair and maintain, which is reflected in
the higher residential comprehensive fee for upperclassmen. At
the same time that the housing rate structure was being
considered, the new food service plan was being finalized. This
plan continues to provide juniors and seniors a flexible, all
points plan, which complements the relatively more independent
housing options available to them.
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| The residential
comprehensive fee will make it easier for families to budget by
eliminating the variability in room and board rates. It will
enable the university to increase grant aid to ensure that
financial aid packages take full account of student expenses. |
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