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COVID-19 WILL CAUSE RESIDENCE HALL REVENUE LOSS OF FROM $800,000 TO $1 MILLION

By R. Oliphant
Sunday, August 23rd, 2020

No athletes in residence in the fall; Rooms occupied by only one student, not two, for those limited programs such as NARDA that are operating

Covid-19 will cause a loss of from $800,000 to $1 million dollars in revenue from the Yavapai Community College residence halls located on the Prescott Campus.  One of the reasons for the loss is that there apparently will not be any  athletes occupying the residence facilities  in the fall. It is estimated that athletes take up about 60% of the residence hall space.

For those programs such as the Northern Arizona Regional Training Academy (NARDA), that will have students, the Community College has reduced room occupancy from two students to one. 

During the presentation by the College to the Governing Board, Third District Representative Paul Chevalier asked about student athletic scholarships and their impact on the revenue for residence halls.  Although not entirely clear, it appears the loss may be somewhat less because a small portion of the scholarships might be  returned to the College by payment of residence hall fees.  

You may view the Governing Board discussion regarding residence hall fees in the video clip below.

Categories : ADMINISTRATION, Scholarships, Sports in General