December 14, 2024

SVSU Board approves housing and dining rates

The Saginaw Valley State University Board of Control passed housing and dining rates for the 2025-26 fiscal year during the Board’s regular meeting Friday, Dec. 13.  The new auxiliary fund budget includes a simplification and standardization of rates for students living on campus next year.

An incoming freshman will pay $12,500 for a room and meal plan during the upcoming academic year, compared to a range of $11,750 to $12,750 in the current year. For upperclassmen, housing rates in the 2025-26 academic year will range from $6,500 to $7,200, depending on the residential facility. Rates currently range from $5,700 to $8,100. On the whole, the average weighted increase is 2.4%.

“This new rate structure provides increased simplicity with continued value for our students and families,” said Noel Hornbacher, SVSU vice president for Administration and Business Affairs. “On top of that, the average increase is below the rate of inflation, all while increasing safety features and maintaining our ‘best dorms’ ranking.”

The new rates are part of an overall $31.5 million auxiliary operations budget approved by the Board to cover self-supporting operations such as conferencing, dining and housing during the upcoming fiscal year.

The Board also approved conferring undergraduate and graduate degrees. More than 530 SVSU students are completing degrees and are eligible to participate in commencement exercises on Saturday, Dec. 14.

In other action, the Board:

• Approved sabbaticals for 11 faculty members: Pat Cavanaugh, English; Chris Giroux, English; Mark McCartney, accounting; Hillary Mellema, management/marketing; Rhett Mohler, geography; Betsy Pierce, accounting; Tami Sivy, chemistry; Melissa Teed, history; Gary Thompson, English; Norm Wika, music; Tom Zerger, mathematical sciences.
• Approved amendments to the Board’s bylaws.
• Accepted the framework for SVSU’s strategic plan for 2025-2030.