In a meeting held on December 5, 2019, the St Thomas University (STU) Board of Trustees (BOT) approved several new initiatives and updates to the university degree program offerings.
Most notably, the BOT approved the building of a new residence hall on the STU campus slated to open fall 2021. STU has partnered with University Housing Solutions to construct a 308 bed 4 story Residence Hall located at the entrance to campus directly to the north of the current student center. The project will include a new student center and a 400-seat cafeteria. After a few points of clarification to the BOT, plans will be finalized to begin design development in February 2020 and construction in June 2020.
“We are very encouraged by the positive direction St. Thomas is moving in,” said Archbishop Thomas Wenski, Archbishop of the Archdiocese of Miami which sponsors St. Thomas. “STU continues to align itself with the Archdiocese and reinvigorate its Catholic identity.”
Other items reviewed and approved as part of the meeting include an increase in tuition and fees by 2.9% for the 2020-2021 Academic Year. This is the first tuition increase for STU in two years and matches tuition thresholds of other local competitors. In addition, the BOT reviewed and approved the Audited Financial Statements FY 2018-2019.
“There is so much momentum behind our STU,” said President David A. Armstrong, J.D. “ This year we celebrated the most number of new students and our most successful fundraising year in our STU history. We are very thankful to our Board of Trustees and the Archdiocese for their trust and for recognizing our forward trajectory as we strengthen and build our degree offerings, our brand and better our student experience.”