Talking Stick - November/December 2015 - 30

BUSINESS
that a guaranteed housing rate has
for the department's ability to add
staff positions or expand programs.
"Budgeting has become a big priority
on our campus. I'm very conservative
in preparing our budget and in
forecasting revenue. We do build
our locked rate rebates into our
budget. Everyone in my department
knows that a balanced budget is a
priority. Last year the program cost
was about $30,000. We are a small
school of about 1,100 beds, so that is
a significant amount of money. We
are in desperate need of full-time
custodial staff, and that amount
of money would almost cover the
salary and fringe of hiring a full-time
custodian." For Whitten, though, the
overall cost of retaining a large group
of students outweighs the expense of
the program and brings in enough
revenue to justify the incentive. In
the 2014-15 academic year, there

were 240 students living on campus
who were eligible for the program.
Those students collectively bring in
$920,000 to $1 million in revenue. "I
would much rather have my $920,000
in revenue and 'give away' $30,000.
It's unlikely that we would continue to
have high rates of occupancy without
this program," explains Whitten.
For some institutions, it appears
that increased rates are of less concern
to students as long as it's apparent
what those costs provide in terms of
amenities and the overall residential
experience. Tattershall is mindful of
increasing costs while simultaneously
trying to improve the student living
experience. Having added residential
staff, increased bandwidth, and added
cable channels to the campus lineup,
WSU is now adding electrical capacity
to be able to add more kitchens and
laundry at the floor level. "We have
tried all kinds of things to stop the

NEW

decline in our return rate, but nothing
really works very well in large part due
to the expense of college in general,
the decline in federal and state grant
money, and the increasing debt levels
of college students. Everything that
increases our costs, which we have to
charge residents in an environment of
high debt and in our specific market,
is probably doomed to fail. We are
giving it the old college try though." ■

Stacy Oliver-Sikorski is the associate director of
residence life for student success at Lake Forest
College in Illinois.
oliver@mx.lakeforest.edu

Stacy Oliver-Sikorski is the associate director of
residence life for student success at Lake Forest
College in Illinois.
 oliver@mx.lakeforest.edu

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TALKING STICK


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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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