WHEREAS, pursuant to S.C. Code Ann. §59–125–1, et. seq., the Board of Trustees of Winthrop University, established as a body corporate, possesses the authority to make decisions regarding the financial management and operational policies of Winthrop University; and
WHEREAS, the Bylaws of the Winthrop University Board of Trustees empower the Board to authorize the collection and use of fees, ensuring the financial stability and operational efficacy of the University; and
WHEREAS, the University annually evaluates room and meal plan rates to determine their ability to cover the operational costs of housing and food services; and
WHEREAS, the cost of operating student housing and food services continues to increase as a result of higher utility pricing, higher food costs and higher salaries, wages and benefit costs for staff; and
WHEREAS, the agreement with our food services provider stipulates an annual increase in meal plans consistent with the Consumer Price Index for Food Away from Home; and
WHEREAS, the latest Consumer Price Index reported a 3.7% increase for Food Away from Home; and
WHEREAS, despite past increases, the rates for student housing continue to lag behind the cost of off-campus housing; and
WHEREAS, the Board of Trustees, after careful consideration and deliberation of the proposed fee adjustments recognizes their necessity in meeting the increasing costs associated with campus-based student housing and food services;
THEREFORE, BE IT RESOLVED that on December 18, 2025, in accordance with the authority vested by S.C. Code Ann. §59–125–1, et. seq., and the duties and responsibilities outlined in the Bylaws of the Winthrop University Board of Trustees, the Board hereby approves the proposed rates for the 2026-2027 Academic Year.
BE IT FURTHER RESOLVED that this approval encompasses all fee adjustments as detailed in the room and board fee proposal, which is hereby attached and incorporated by reference into this resolution, ensuring the continued ability of the University to offer on-campus housing and food services.
NOW, THEREFORE, BE IT FURTHER RESOLVED, that the Secretary to the Board of Trustees shall certify that the Winthrop University Board of Trustees approved this resolution on the 18th Day of December, 2025, in a special called meeting. Such resolution shall be maintained and publicly posted by the Secretary of the Board in a time and manner as required by law.
