Additional Undergraduates and Housing Issues AS&E Faculty Meeting Deans Glaser, Qu, and McMahon February 6, 2019

Modest Growth (3.6%) in Student Body

Financial Aid has Grown Over 40% in Six Years * Projected

Full-Time AS&E Faculty has Grown 22% in Past 10 Years

“Bed Optimization” This includes new rooms in several residence halls (Miller, Stratton), conversion of large doubles into triples, acquisition of two fraternity houses, and COHO. FY 17 3433 FY 18 3588 FY 19 3724 FY 20 3938 (+505)

Tufts 19-20: $8220-10,219 Northeastern 18-19: $6620-15,120 (1rst yr “economy quads” to upper-class one bedroom apartments)

38 of Top 46 Privates Have Tiered Rates Princeton No $9520 Wake Forest Yes $8246-11,056 Harvard No $10,609 NYU Yes $8260-22,130 Columbia Yes $8412-9538 Rochester Yes $9400-11,600 MIT Yes $7810-11,180 Brandeis Yes $8660-12,350 Chicago Yes $9819-10,595 Boston College Yes $9060-12,180 Yale No $9000 William and Mary Yes $6958-8790 Stanford No $9697 Boston Univ Yes $10,390-18,250 Duke Yes $7764-21,968 Case Western Yes $8830-12,950 Penn Yes $10,440-14,524 Northeastern Yes $6620-15,110 Johns Hopkins Yes $7978-14,608 Tulane Yes $8420-11,128 Northwestern Yes $8536-12,017 Pepperdine Yes $11,720-14,300 Cal Tech Yes $8751-9870 Rensselaer Yes $7550-9800 Dartmouth No $9504 Lehigh Yes $7930-8510 Brown No $9120 Syracuse Yes $6590-11,550 Vanderbilt No $10,620 Miami (Fl) Yes $8120-19,100 Cornell Yes $8132-10,672 Southern Meth Yes $7300-13,600 Rice No $9600 George Washington Yes $9210-16,350 Notre Dame Yes Rm &Brd not broken out Worcester Poly Yes $7368-9992 Washington U Yes $9250-15,300 Brigham Young Yes $3475-4760 Emory Yes $8080-11,600 Clark Yes $6000-11,120 Georgetown Yes $9692-11,848 Stevens Yes $11,123-11,932 USC Yes $6500-14,120 Fordham Yes $12,665-14,585 Carnegie Mellon Yes $8180-11,340 Villanova Yes $6532-9472 Tufts 19-20 Yes $8220-10,219

Principles Used in Setting Rates Increased rates will add to resources to renovate old (tired) housing and to create new housing, bringing more students out of the neighborhoods. Financial aid will be adjusted to account for cost of campus housing. Our policies and rates should not contribute to stratification. All first-year students will be charged the same rate no matter where they live. Premiums are charged for singles, apartment-style housing, and kitchens. Rates in apartment-style housing will be comparable to off-campus market rates (including utilities, cable, wi-fi). Students with disabilities that require a single will not be charged the premium for a single. The new rate structure is going into effect this fall, but was announced last year so that students/families could prepare.

Premiums $8220 base rate ________ $600 per year for housing with kitchens $951 for singles $209 for apartment-style housing $239 for CoHo and SoGo Range: $8220-$10,219 ($913-$1135 per month) Off-Campus Rates: $800-$900 per month + utilities (off campus residence generally requires year-long leases, first- and last-month payments, and occasionally broker fees)