TAMPA, Fla. (WFLA) – When University of South Florida students return to campus in the fall, they’ll have to pay more for housing.
“A lot of people aren’t happy about it,” USF sophomore Emily Miller said.
The housing rates will be going up about nine percent for each of the next three years. “It makes it more of a financial strain on everyone else because the parents that are paying for the students and the loans that go into it, it is not really the best situation,” USF sophomore Ray Mondalvo said.
The university is raising the rates to pay maintenance and mortgage costs. “We had only increased our rates once in the past four years, and as a result of that, we were spending our reserves,” Dr. Tom Miller, vice president for student affairs, said.
The upcoming hike has some students looking at alternative housing. “Yes, I am moving off campus. The main reason is the rates because it is way cheaper outside of campus,” Sophomore Marcia Gialah said.
Some students like Matthew Lydon wish they had found out sooner about the increases. “It would have been nice if they had told us a little bit ahead of time, just because it is a big difference,” Lydon added.
Because of the late change, the university is allowing students to break their on-campus leases. “The timing isn’t perfect, that is part of the issue here. We are trying very hard to give students and the families options and let them out of their commitments if they wish,” Dr. Miller added.
Despite the increases in on campus housing at USF, officials say it is still cheaper to live there than at some other major universities around Florida.