Thursday, March 24, 2011

Southeast to raise residence hall rates, refinance Vandiver Hall

CAPE GIRARDEAU, MO (KRCU) - Southeast Missouri State University President Ken Dobbins says that residence hall rates will go up in the coming academic year.

President Dobbins will meet with the Board of Regents to discuss the 4% increase on Friday.

The board will also take up twenty-four million dollars in refinancing for Vandiver Hall, which President Dobbins describes as a common sense move to hold on to some cash in the long term.

"We will save between 56 and 63 thousand dollars a year for 21 years. That sounds like a pretty good deal year if you ask me. So that’s why we’re doing it," Dobbins says.

The President and the Board of Regents will also talk about approval for repair and maintenance projects for FY2012, approval for new minors, and accreditation of the athletics program.

Jacob McCleland, KRCU


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