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The Board of Regents approved a 6.9 percent increase in undergraduate and graduate tuition for students at UM-Dearborn. The regents approved the university’s proposed 2011-12 operating budget at their meeting June 16.
“While it is always a difficult decision to raise tuition, the university is committed to academic excellence, retaining and attracting the best faculty, preserving a robust student learning environment and making a Michigan education accessible to all students,” said Chancellor Daniel Little. “Aggressive university budget reduction efforts helped restrain the proposed increase after receiving the largest state appropriation reduction in campus history.”
A typical in-state, full-time undergraduate student with 12 credit hours would pay an average of $4,814 in tuition and fees per semester starting in September. The cost of tuition and fees for graduate students varies from program to program.
UM-Dearborn also has increased its financial aid budget by 15 percent to help offset the tuition increase and help ensure a Michigan education is accessible to students from all socioeconomic backgrounds.
The state of Michigan continues to experience unprecedented financial difficulties. The university is committed to working creatively and in partnership with Gov. Rick Snyder and the state Legislature to best serve the residents of the state of Michigan.
UM-Dearborn has redirected $6 million from its operating budget over the past eight years to support expenditures of the highest priority. Savings have resulted from building energy conservation measures, increases to employee health care contributions, bank fee savings, ownership transfer of the Henry Ford Estate, the migration of print materials online and streamlining purchasing practices with the Ann Arbor and Flint campuses. Faculty and staff also have worked hard to increase university revenue through additional research funding, fundraising efforts and rental income.
The value of a Michigan degree has never been more important in making a difference in students’ lives and increasing the talent pool for Michigan’s current and emerging industries. The governor has indentified the number of adults with college degrees as a benchmark to personal well-being and state prosperity.
UM-Dearborn has created a website — www.umd.umich.edu/tuition2011 — to help students better understand the various factors used in determining tuition rates and resources available such as financial aid and scholarship opportunities.
