Room and board rates for MSU freshman, transfer and returning students who live on campus will see a 3.9% increase for the 2013-14 school year. That is slightly lower than last year and the lowest rate increase since the 2000-01 academic year.
The Michigan State University Board of Trustees approved the rate increase at its meeting Friday morning.
With this rate change, the double-room residence hall housing rate would increase $136 to $3,636 per year. The silver unlimited meal plan for residence hall students would increase $194 to $5,170 per year, setting the 2013-14 rate at $8,806.
"As in the past, we work very hard to keep housing and dining rates affordable for our students," said Vennie Gore, MSU vice president for auxiliary enterprises. "The on-campus living experience is essential to the academic success of the student. It's a mission we take very seriously and are pleased at the services we provide for a reasonable price."
More than 14,000 students will live in MSU's residence halls in 2013-14. Two residence halls -- Butterfield and Landon -- will be closed for renovations from May until August 2014.
Students living in campus apartments won't see an increase in their rates. The MSU Board voted to keep rates at the same level set in 2011, so Spartan Village and University Village Apartments' one- and two-bedroom apartments will remain unchanged at $650 and $774 a month, respectively.