June 21, 2018
The University of Michigan-Flint will invest in a comprehensive strategy to transform its curriculum and learning environment using a student-centric perspective, according to a budget approved June 21 by the Board of Regents.
The $115.5 million general fund budget outlines spending for the 2018-19 fiscal year, which begins July 1.
“This year’s budget reflects the University of Michigan-Flint’s keen focus on our students and their education through intentional engagement, high value learning practices and a culture of continuous improvement,” said Chancellor Susan E. Borrego.
The FY ’19 budget includes a $486 increase in tuition and fees for an in-state, full-time first-year student. That brings annual tuition and fees to $11,820.
The budget also includes an expected state appropriation of $23.6 million, a 2.3 percent increase over the previous year. The budget continues to provide financial aid support for students, with an 8.4 percent increase in aid funding.
The regents also approved UM-Flint housing and meal plan rates. Students currently living in First Street and Riverfront residence halls, and students in most room options, will see a 5 percent increase in room fees. Students required to have a meal plan will see a 2 percent increase in the cost of meal plans.
Costs at First Street Residence Hall, including the meal plan, start at $8,769. At Riverfront Residence Hall, which does not include a mandatory meal plan, costs start at $5,709 for the academic year. The residence hall rates at UM-Flint are the least expensive public rates in the state.