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The GCSU is very pleased to announce that it has negotiated for student charges for 2016/17 (from 1 October 2016) to increase by only 2.4%. This is the lowest annual increase Caius has seen in at least 15 years; it is lower than the initial increase proposed in negotiations, it is less than half the average annual increase, and it is far lower than the next lowest annual increase on record (4%). It also matches and does not exceed the increase in the Student Finance maintenance loan for next year. The GCSU feels that this is more than reasonable and that college have taken our viewpoints well.
The increase will be applied to rents, Establishment Charge, meals, guest rooms and other charges.
The figure was arrived at following research by the GCSU and by the Bursary on student rents in other Cambridge colleges and elsewhere; consultation with the Domestic Bursar and evidence of cost increases of food and utilities; review of inflation indices; consideration of the arguments put forward by the GCSU and MCR; a continuing commitment to improve the quality of furniture and furnishings in students' rooms; a narrowing of the deficit on College accommodation; a commitment to support, through tutorial funds, any student for whom the increase creates real financial difficulty and the desire to continue the trend towards smaller annual increases (9.5%, 4.7%, 4.0%, 2.4%), without recreating the need for a big single annual increase.
RoomPicks has already been updated with the new prices, so the termly room cost you see now should be what you pay next year.