Repository: UIHistories Project: Booklet - Future of Student Housing (1956) [PAGE 3]

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To Members of the Board of Trustees:

The key to future growth of the Univewity of Illinois ,i Cham] igi ' ii student housing. Unless a sustained housing pn^.m. is \><wm at ON thou«an< of them to live. For many years the University has depended on the communities ol ChampaignUrbana to provide a large portion o( student housing. They do it the pi it

time and they will continue to do so in the future. But the recent rapid I h in enrollment and the prospects for still 1 r enrollments in the days ahead are beyond the absorptive capacity of the private rooming houses. Even in the current year, hundreds of students applied for admission but could not enroll 1 U1SC of th shortage of housing — and there is nothing in sight to remedy this situation. Illinois now ranks last percentagewise among the "Big T e n " universities in providing housing for students. Prompt action by the University is the only solution that will meet student housing needs. I therefore submit the accompanying program designed to provide the necessary housing for the increased enrollments during the next seven years. T h e year 1963 is chosen as terminal because the need for action for that period is now upon us and enrollment forecasts to that year can be made with accuracy. Planning is in process for the years after 1963, but these later needs will have to be related to the adequacy with which we meet the problems immediately ahead. Following is a summary of the key points relating to the program recommended: 1 By 1962 there will be a need for new housing units for 9,109 students: 5,434 for increased enrollment (from present enrollment of 18,075 to predicted enrollment of 23,509 in 1962-63) ; 1,475 to replace temporary barracks units; and 2,200 to replace other housing facilities not approved by the University as to physical standards. 2. The program proposed will house 8,662 students — 447 less than the estimated need. 3. The estimated cost of construction for this program is $36,800,000. The total financial requirement — construction and interest over a twenty-five year period — i s estimated at $51,981,750, which will be financed from rental income of $29,707,250 and the use of receipts from tuition for the balance of $22,274,500. 4. The cost to the University (aside from rental income) will average less than a million dollars a year during the 25-year period of repayment When