BOV Approves New Room and Board Rates, Retirement Center Concept
Posted: February 1, 2007 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
By Dave Andrews
At its meeting this week, the Board of Visitors (BOV) approved new room and board rates and approved the concept of a university-based retirement center.
The BOV also approved a name change for the Bachelor of Science in Decision Sciences and Information Systems, which is offered by the School of Management. The degree will now be called a Bachelor of Science in Information Systems and Operations Management.
As part of the University Services budget submission for the May 2007 BOV meeting, a final student housing budget was approved. The average double room rate will increase by $150 per year, or 3.8 percent. The proposed board rate for a 15-meal flex plan will increase $110 per year, or 3.96 percent. The average increase for most students living on campus will be $260, or 3.92 percent.
George Mason has consistently had one of the smallest room and board increases when compared to other universities in the Commonwealth of Virginia. The proposed rates are necessary to cover increased costs of staffing, utilities and construction.
The BOV adopted the concept of constructing a university-based retirement center on Mason’s Fairfax Campus after receiving a proposal from Sunrise Senior Living Inc. The BOV’s vote was not a final approval, but rather an endorsement to continue with negotiations.