- Associated Press - Sunday, November 8, 2015

TOLEDO, Ohio (AP) - The University of Toledo is requiring that more students live on campus and reside there longer in hopes of helping students become more involved and bolster the school’s retention rates.

New Toledo students who enroll next fall and live more than 25 miles away will be required to stay on-campus during their first two years. Returning sophomores will not be required to live on campus next fall and future enrollees can apply for a waiver.

Students who live on campus during their freshman and sophomore years are more involved in campus life and more likely to use academic resources, university officials say.

The move will also bring the school about $540,000 next year in additional revenue and $4 million the following year.

“There is a financial impact, but the goal of this program was for student success and retention,” said university spokesman Meghan Cunningham.

In September, the university reported the school’s multi-million budget deficit was due to declining enrollment from the previous year.

“We have estimated an $11.5 million shortfall due to the lack of enrollment growth that must be made up in the current fiscal year,” said President Sharon Gaber.

The university announced last week it would extend a hiring freeze for most vacant positions for eight months beginning in January to save at least $5 million.

Ohio State University has a similar housing plan, requiring all unmarried, full-time students within two years of high school graduation to live on campus. Exceptions to this can include a lack of available space or if the students are living with family.

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