Talking Stick - November/December 2015 - 28

BUSINESS

Mandy Whitten at USC
Upstate shares that, "The
guaranteed rates are a
great talking point when
working with parents or
families and help students
plan ahead for the actual
cost of attending the
university."

PHOTO COURTESY OF THE UNIVERSITY OF SOUTH CAROLINA UPSTATE

Do Guaranteed Rates Work?
Using a guaranteed housing rate model has netted
mixed results.
Alongside the older, rundown houses
that compose neighborhoods adjacent
to many campuses, there are also
shiny, new options. Luxury apartment
complexes seem to spring from the
ground in college towns, offering
increasingly desirable amenities
such as lazy rivers and tanning
beds. They provide students with a
viable alternative to campus living
and are often able to undercut the
rising costs of room and board due
to their business model. For campus

28

KNOWLEDGE
DOMAINS
TALKING STICK
in this article

$

By Stacy Oliver-Sikorski

for continuous occupancy, can be a
financially risky but rewarding model
for colleges and universities.

housing to remain competitive in
a crowded field of living options,
it must not only offer choices that
appeal to students' expectations for
a particular living arrangement, but
must provide an attractive financial
package that is at the same time
sustainable for the business operation.
Guaranteed housing rates, allowing
residents to lock in their housing rate

A model of guaranteed housing
rates allows students to lock in the
amount they pay for housing in their
first year for the duration of the time
they are a resident or for a set number
of years, depending on institutional
policy. This is appealing to students
who, faced with regular increases in
both tuition and housing rates, are
looking for ways to make the amount

Fiscal Resources and Control
Obtain and analyze data associated with market and student demand conditions to inform rate
setting and revenue projections. Develop the process associated with rate setting.



Talking Stick - November/December 2015

Table of Contents for the Digital Edition of Talking Stick - November/December 2015

Talking Stick - November/December 2015
Contents
New Members
Vision
Just In
Calendar
Your ACUHO-I
Transitions
Res Life
Business
Special Focus
Completing the Loop
Perfect Partners
Conversations
First Takes
Around Student Affairs
Snapshot
Talking Stick - November/December 2015 - Intro
Talking Stick - November/December 2015 - Talking Stick - November/December 2015
Talking Stick - November/December 2015 - Cover2
Talking Stick - November/December 2015 - 1
Talking Stick - November/December 2015 - 2
Talking Stick - November/December 2015 - Contents
Talking Stick - November/December 2015 - 4
Talking Stick - November/December 2015 - 5
Talking Stick - November/December 2015 - New Members
Talking Stick - November/December 2015 - 7
Talking Stick - November/December 2015 - Vision
Talking Stick - November/December 2015 - 9
Talking Stick - November/December 2015 - Just In
Talking Stick - November/December 2015 - 11
Talking Stick - November/December 2015 - 12
Talking Stick - November/December 2015 - 13
Talking Stick - November/December 2015 - 14
Talking Stick - November/December 2015 - 15
Talking Stick - November/December 2015 - 16
Talking Stick - November/December 2015 - 17
Talking Stick - November/December 2015 - Calendar
Talking Stick - November/December 2015 - 19
Talking Stick - November/December 2015 - Your ACUHO-I
Talking Stick - November/December 2015 - 21
Talking Stick - November/December 2015 - Transitions
Talking Stick - November/December 2015 - 23
Talking Stick - November/December 2015 - Res Life
Talking Stick - November/December 2015 - 25
Talking Stick - November/December 2015 - 26
Talking Stick - November/December 2015 - 27
Talking Stick - November/December 2015 - Business
Talking Stick - November/December 2015 - 29
Talking Stick - November/December 2015 - 30
Talking Stick - November/December 2015 - 31
Talking Stick - November/December 2015 - Special Focus
Talking Stick - November/December 2015 - 33
Talking Stick - November/December 2015 - 34
Talking Stick - November/December 2015 - 35
Talking Stick - November/December 2015 - Completing the Loop
Talking Stick - November/December 2015 - 37
Talking Stick - November/December 2015 - 38
Talking Stick - November/December 2015 - 39
Talking Stick - November/December 2015 - 40
Talking Stick - November/December 2015 - 41
Talking Stick - November/December 2015 - 42
Talking Stick - November/December 2015 - 43
Talking Stick - November/December 2015 - 44
Talking Stick - November/December 2015 - 45
Talking Stick - November/December 2015 - 46
Talking Stick - November/December 2015 - 47
Talking Stick - November/December 2015 - Perfect Partners
Talking Stick - November/December 2015 - 49
Talking Stick - November/December 2015 - 50
Talking Stick - November/December 2015 - 51
Talking Stick - November/December 2015 - 52
Talking Stick - November/December 2015 - 53
Talking Stick - November/December 2015 - 54
Talking Stick - November/December 2015 - 55
Talking Stick - November/December 2015 - Conversations
Talking Stick - November/December 2015 - 57
Talking Stick - November/December 2015 - 58
Talking Stick - November/December 2015 - 59
Talking Stick - November/December 2015 - First Takes
Talking Stick - November/December 2015 - Around Student Affairs
Talking Stick - November/December 2015 - 62
Talking Stick - November/December 2015 - 63
Talking Stick - November/December 2015 - 64
Talking Stick - November/December 2015 - 65
Talking Stick - November/December 2015 - 66
Talking Stick - November/December 2015 - 67
Talking Stick - November/December 2015 - Snapshot
Talking Stick - November/December 2015 - Cover3
Talking Stick - November/December 2015 - Cover4
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