Board of Trustees approves room and board, renovations, governance changes

HERSHEY, Pa. – The Penn State Board of Trustees made its annual trek to Hershey for its March meeting this week, a tradition established in the 1980s. The board's committees met yesterday (March 6), and the full board convened today (March 7).

At today's meeting, the board approved the following action items, which were recommended for approval during committee meetings yesterday:

-- Room and board rates. The board approved the rates for the 2014-15 academic year. the average room and board rate, which includes a standard double room and the most common meal plan, will be $4,885 a semester, a 4.27 percent increase over 2013-14. The increase addresses a projected rise in food and utility expenses, as well as necessary facility maintenance, said Gail Hurley, associate vice president for Auxiliary and Business Services. For details, click here.

-- Renovation project approvals. The board approved final plans and the awarding of contracts for Tyson Building upgrades at University Park; and construction of Building 7 at Knowledge Park at Penn State Erie. For details, click here.

-- Changes to the charter and bylaws. With the changes approved by the board, Alumni trustee nomination and election ballots will now be sent electronically to qualified electors who have a valid email address on file in the University’s alumni records. Previously, only individuals who were active members of the Alumni Association or donors of the University automatically received a ballot. In addition, a change to the bylaws modifies and clarifies the types of real estate and other capital transactions to be brought to the board for approval and informational purposes. For details, click here.

Last Updated March 07, 2014