Apr 11, 2014 11:06 AM EDT By Jaleesa Baulkman, UniversityHerald Reporter

Indiana University announced Thursday that it will raise the minimum wage paid to school employees by one dollar to $8.25 per hour, Inside Higher Ed reported.

The change will be effective with the start of the new fiscal year on July 1. Currently, the school's minimum wage is $7.25, in line with the federal minimum wage rate.

"Indiana University depends on the hard work of many part-time and temporary employees on all our campuses, and this much-deserved pay increase is one way we can recognize their important contributions to the success of [Indiana University]," Indiana University President Michael A. McRobbie said in a statement.

The change will result in pay raises for approximately 8,750 employees at Indiana University's eight campuses - many of them students. More than two-thirds of those affected work on the Indiana University Bloomington campus due to extensive housing and dining operations that employ many part-time and seasonal workers -- including a large number of students.

"Many of these employees also are students at [Indiana University], and increasing their pay is consistent with our commitment to student affordability and accessibility," McRobbie said.

The minimum wage at Indiana University was last increased in July 2009 at the same time the federal minimum wage rate was last raised.

Indiana University, a multi-campus public university system, is grounded in the liberal arts and sciences, and a world leader in professional, medical, and technological education. It is also a leading research and teaching institution.

 Indiana University's mission is to provide broad access to undergraduate, graduate, and continuing education for students throughout Indiana, the United States, and the world, as well as outstanding academic and cultural programs and student services.

"Indiana University seeks to create dynamic partnerships with the state and local communities in economic, social, and cultural development and to offer leadership in creative solutions for 21st century problems," according to the school's website.

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