Library fines will increase starting June 24, the first day of summer quarter. This is the first increase to Library fines since 1996.
Overdue fines for recalled and interlibrary loan items will increase from $3 per day to $5 per day, while overdue fines for course reserve material and other short term loans will increase from $1 per hour to $3 per hour. The maximum fine amount will also increase from $75 to $100.
As always, there are no daily overdue fines for items on regular loan. This means that items borrowed on regular loan are not affected by the increase unless recalled and overdue on or after June 24.
In addition to overdue fines, the replacement cost for lost items will increase to a standard minimum fee of $150. For users who choose to provide a replacement copy for a lost item, the processing charge will increase from $25 to $35. As always, the replacement cost may be increased at the discretion of Library staff for an item whose value exceeds the minimum replacement cost.
All of the above fine increases will go into effect for fines incurred on or after Monday, June 24. More information about borrowing policies, including fines, is available at lib.uchicago.edu/e/using/borrow.
Updated June 24, 2013 to reflect increase of replacement copy processing charge to $35; previously the charge had been incorrectly listed as $50.