UNIVERSITY PARK, Pa. -- Graduate apartment leases at Penn State’s University Park campus will see no increase in rental rates for the 2021-22 academic year under a proposal recommended today (Sept. 17) by the Penn State Board of Trustees Committee on Finance, Business and Capital Planning.
The proposed rates, which apply to the White Course Apartments, will go to the full board for consideration and final approval on Sept. 18.
“We are proud to advance a plan that includes no rate increase for our graduate students for the next academic year,” said John Papazoglou, associate vice president for Auxiliary and Business Services at Penn State. “We know that circumstances are challenging and finances are tight for many right now, and we have worked hard to hold the line on rates for graduate students during these trying times.”
Under the proposal, the monthly rate for a one-bedroom apartment would remain $1,168, while a two-bedroom unit would lease for $1,321 per month.
Three-bedroom units with a single bathroom would continue to lease for $1,459 per month, while three-bedroom units with one-and-a-half baths would lease for $1,474 per month.
Four-bedroom quad apartments, which accommodate four people who each pay a portion of the total monthly cost, would continue to lease for $938 per person in 2021-22.
Within the White Course Apartments on the west end of the University Park campus, there are 154 apartments reserved for single graduate students and graduate students with families. Additional information about graduate student housing can be found at https://housing.psu.edu/graduate-family-housing.