April 12, 2021

budget

  1. March 30, 2021

    UM-Flint plans tuition freeze for 2021-22 academic year

    UM-Flint is planning to freeze undergraduate tuition and all mandatory fees for the upcoming academic year, and make new investments in scholarships, grants and academic support for students.

  2. February 26, 2021

    Salary, hiring freezes to ease with approved FY ’22 budget

    When the new fiscal year begins, and subject to budget approval, U-M employees will again be eligible for merit raises and campus units will be able to begin to fill critical faculty and staff vacancies.

  3. February 11, 2021

    Whitmer seeks 2 percent increase in higher-ed spending for FY ’22

    Each of the state’s 15 public universities would receive a 2 percent increase in state funding under Gov. Gretchen Whitmer’s budget proposal for the 2021-22 fiscal year.

  4. September 30, 2020

    State higher education budget holds U-M funding steady

    State funding for the three U-M campuses will remain stable under the 2020-21 budget signed by Gov. Gretchen Whitmer, easing concerns about further pandemic-related state financial impacts on the current year.

  5. June 29, 2020

    Michigan Medicine’s clinical operations expect $3M loss in FY ’20

    Costs from the COVID-19 pandemic dramatically affected financial results for Michigan Medicine’s clinical operations, resulting in a forecasted $3 million operating loss for the fiscal year ending June 30.

  6. June 29, 2020

    UM-Dearborn budget commits to academic excellence, student success, access

    An increased investment in financial aid, the university’s focus on student achievement and a change in the tuition structure highlight UM-Dearborn’s fiscal year 2021 budget.

  7. June 29, 2020

    UM-Flint offers affordable options for students in FY ’21 budget

    UM-Flint is taking steps that include keeping tuition affordable and eliminating online fees for students during the coming year to plan for the future with the 2020-21 fiscal year budget.

  8. June 29, 2020

    Revenue losses from COVID-19 make Athletics deficit likely in FY ’21

    The U-M athletic department expects a budget surplus of $1 million for the current fiscal year and, due to the ongoing COVID-19 pandemic, projects a budget deficit for the fiscal year that begins July 1.

  9. June 29, 2020

    Regents approve budget shaped by COVID-19 challenges

    The Board of Regents has approved a 2020-21 budget that includes a 1.9 percent tuition increase and $12.8 million in additional need-based financial aid for undergraduates on the Ann Arbor campus.

  10. June 25, 2020

    Proposed FY ’21 university budget fails on split vote by Board of Regents

    U-M will enter the new fiscal year July 1 without an approved budget after regents voted 4-4 on a measure that included a 1.9 percent tuition increase for Ann Arbor campus students.