8.26.13

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Monday, August 26, 2013 | Volume 209 | Number 1 | 40 cents | iowastatedaily.com | An independent student newspaper serving Iowa State since 1890. | A 2010-11 ACP Pacemaker Award winner

GSB faces deficit Enrollment error leads to negative balance reading By Lissandra.Villa @iowastatedaily.com The Government of the Student Body’s capital projects account has a negative balance $102,286.50 because of what is believed to be an error related to an incorrect enrollment count. “The enrollment count that we were using was higher than the actual enrollment, which then correlated to the fees that we collected being lower than we anticipated. Hughes And that’s what resulted in the over-allocation,” said Spencer Hughes, president of GSB. GSB’s investment account, known as the reserve account, contains $105,764.52. GSB acquired this money when it sold a fleet of vehicles that were used by students; when the university began allowing students to rent vehicles, GSB sold theirs. In an email dated Tuesday, Aug. 20, GSB Financial Director Dan Rediske recommended to the GSB Senate that the entirety of the reserve account’s balance be transferred to the capital projects account at the first meeting of the year, scheduled for Wednesday. The transfer requires a two-thirds vote by the Senate. “Obviously, it took me just about by surprise as anyone else,” Rediske said. “Getting an email that tells me that one of my accounts is negative, basically out of the blue, because, I guess I had assumed the situation had been resolved. Because we knew

DEFICIT p5>>

A NEW LEGACY

Brian Achenbach and Kelby Wingert/Iowa State Daily

Because of increased enrollment demands for campus housing, the Department of Residence has leased spaces in Maricopa and Legacy Towers apartments. Out of the estimated 11,200 students living in campus housing, about 500 have elected to live in the newly leased off-campus apartments.

University leases space in Campustown to combat high demand for housing By Lissandra.Villa @iowastatedaily.com When the Department of Residence finished re-contracting with ISU students for the 2013-14 academic year, it realized a problem.

The department would be approximately 1,200 bed-spaces short of meeting the high demand for campus housing. Last year, 10,426 students lived on campus. DOR anticipates more than 11,200 residents this academic year. The return rate between the two years increased by 7.2 percent. To make up for the lack of accommodations available, DOR was forced to come up with fast solutions to continue honoring its tradition of providing on-campus housing for all students who request it. These solu-

Out-of-state students find tuition increase in new year By Zoë.Woods @iowastatedaily.com Sean Lundy is a senior from Minnesota studying global resource systems and nutrition and wellness. During his academic career, he has been awarded many scholarships and grants. Because of that, he was able to more easily afford the college experience. His friends, however, were not as fortunate. “I had a lot of friends from Minnesota that haven’t been lucky with scholarships and grants, that are walking away from Iowa State with astronomical amounts of debt,” Lundy said. University President Steven Leath said the 2.35 percent increase in out-of-state students’ tuition for the 2013-14 school year is going toward uncompleted projects on campus. “We took the tuition revenues we got from having more students, as well as increases in nonresident [tuition] and rolled that into a pool to do a number of things,” Leath said. Some of these projects include the increase of money allocated to refurbish classrooms and to compensate faculty and staff at the university. An additional $1 million a year

tions include adding 720 beds at Frederiksen Court, of which only 240 will be available in August. Additionally, 424 students have been placed in residence hall dens and community spaces, with another 503 students placed in off-campus space leased by DOR. That last course of action, one the university had never undertaken before, entailed the university leasing 299 bed spaces in Legacy Towers apartments on Stanton Avenue.

Students offered incentive to change housing options Nearly 100 upperclassmen accept $1,000 to move from campus dorms By Charles.O’Brien @iowastatedaily.com

Graphic: Azwan Mohamad/Iowa State Daily

Out-of-state students contribute a majority of the ISU tuition revenue. The university is using this money to complete multiple building projects on campus.

are added to the renovation and repair funds as well. Iowa State receives revenue from two primary sources, said John McCarroll, executive director of university relations.

The university funds its dayto-day operations from tuition revenue, which includes money from undergraduate students as well as

TUITION p3 >>

LEGACY p10 >>

Some ISU students have recently accepted a cash incentive from the Department of Residence to move from the residence halls into on-campus apartments. Ninety-six upperclassmen students have accepted a $1,000 incentive to move into university operated apartments: Frederiksen Court, Schilleter and University Village, Legacy Towers, and Maricopa. This incentive was offered after Department of Residence members saw they were 100 beds short for the Fall 2013 semester in the residence halls. “Originally to some people, it looked like we

were paying students to leave but this is not true,” said Peter Englin, director of the Department of Residence. “We are just relocating them; people were reacting to the headlines, not the facts.” The department at the end of May sent out an email to the 1,800 returnees to the residence halls asking if they would like to move to an on-campus apartment; there was no response to the email. Another similar email was sent out to the same students with the same result. The DOR then offered a $500 incentive to these 1,800 students which yielded 31 takers. On the fourth try, the DOR offered students a $1,000 incentive; 65 more students accepted the incentive after the offer was increased. For the original 31 takers, their incentive was raised from $500 to $1,000 following the DOR’s increase.

HOUSING p 10 >>

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8.26.13 by Iowa State Daily - Issuu