News
Summers Will Not Finish Semester of Teaching as Harvard Investigates Epstein Ties
News
Harvard College Students Report Favoring Divestment from Israel in HUA Survey
News
‘He Should Resign’: Harvard Undergrads Take Hard Line Against Summers Over Epstein Scandal
News
Harvard To Launch New Investigation Into Epstein’s Ties to Summers, Other University Affiliates
News
Harvard Students To Vote on Divestment From Israel in Inaugural HUA Election Survey
Radcliffe College will raise room and board rates by nearly nine per cent for the 1962-63 academic year.
The annual room charge, standardized last year at $460, will go up to $500. Full board, required of all students living in the nine brick dormitories, will rise from $570 to $620 a year. Off-campus board fees will be $256 annually, an increase of $21.
The change brings Radcliffe's room and board rates within $5 of the average Harvard fees for next year.
"This step was deemed necessary because it is our belief that a college should neither make nor lose money through its dining and room facilities," President Bunting reported. Arthur D. Trottenberg '48, administrative vice-President, said yesterday that the College has been losing money on its room and board charges for several years and that a heavy deficit projected for 1962-63 forced the increase.
"Students unable to pay the full rate will be helped through financial aid," President Bunting said. "We regret the timing of this announcement, but the decision was made on the basis of the budget and could not be made earlier."
The College Council, Radcliffe's governing board, passed the budget at a meeting on April 2.
Radcliffe last raised its room and board charges three years ago. At that time, before room rates were standardized, all fees went up roughly five per cent. According to Radcliffe's statistics, operating costs have increased five per cent annually for the last seven years.
Want to keep up with breaking news? Subscribe to our email newsletter.