Gov. Gretchen Whitmer is recommending a 2.5% increase in funding for each of the state’s 15 public universities — including the three U-M campuses — in her budget proposal for the 2024-25 fiscal year.
The budget plan unveiled last week includes $2.31 billion for higher education, or about $23.1 million more than the current year in operational funding for Michigan’s public universities.
To receive the additional funding under the recommendation, universities will be expected to limit tuition increases to 5%, or $781 per student.
Total budget recommendations for U-M’s three campuses in FY ’25 are:
- Ann Arbor, $365.6 million.
- Dearborn, $32 million.
- Flint, $26.9 million.
“Continued investment, year over year, in higher education strengthens the economic vitality of the state, region and nation,” said Chris Kolb, vice president for government relations. “This is especially true for the University of Michigan.
“This funding proposal shows a commitment to our public universities who provide their students with the knowledge and skills needed to access greater and more stable opportunities, engage in innovative and ground-breaking research, contribute to our economy and serve as cultural hubs across the state.”
Whitmer’s budget proposal affects research at the university, particularly directing $4.3 million in grants for the U-M Institute for Firearm Injury Prevention.
Funding will provide the training and technical assistance related to school violence prevention, and implementation of statutory requirements, which has been established through the Extreme Risk Protection Order legislation and aligns with IFIP’s current efforts.
The budget, scheduled to take effect Oct. 1, now goes to the Legislature, where it will be considered and ultimately face approval by the House and Senate.
