June 18, 2021

budget

  1. June 17, 2021

    U-M extends Go Blue Guarantee, $15 minimum wage to all campuses

    The university will extend its Go Blue Guarantee offering free tuition for qualifying Michigan residents to the Dearborn and Flint campuses. Regents also enacted a $15-an-hour minimum wage for permanent workers.

  2. June 17, 2021

    Michigan Medicine reports positive financial performance for FY ’21

    Michigan Medicine has reported projected positive fiscal year-end results, with an anticipated 6.5 percent — or $339.8 million — operating margin on forecasted operating revenues of $5.2 billion.

  3. June 17, 2021

    Regents approve UM-Dearborn budget and Go Blue Guarantee extension

    The Board of Regents affirmed UM-Dearborn’s commitment to student success, academic excellence and creating access and opportunity for qualified students with the approval of the university’s $155 million 2021-22 general fund operating budget. 

  4. June 17, 2021

    Regents freeze undergraduate tuition, bring Go Blue Guarantee to UM-Flint

    Undergraduate students at UM-Flint will not see a tuition increase during the coming academic year — and some will pay no tuition at all — as the university reaffirms its ongoing commitment to affordability and access for all students. 

  5. June 17, 2021

    Athletics expects to mitigate COVID-19 revenue losses in FY ’22

    The U-M athletic department expects a budget deficit of $62.9 million for the current fiscal year due to the ongoing COVID-19 pandemic, and projects a surplus of $1.4 million for the fiscal year that begins July 1.

  6. June 17, 2021

    Regents comments about U-M’s 2021-22 budget

    Remarks from Regents Jordan Acker, Mark Bernstein, Michael Behm, Paul Brown, Sarah Hubbard and Denise Ilitch regarding U-M’s 2021-22 budget.

  7. June 14, 2021

    Board of Regents to conduct virtual meeting June 17

    The Board of Regents is scheduled to meet virtually at 2 p.m. June 17, consistent with Gov. Gretchen Whitmer’s executive directive regarding public meetings during the COVID-19 pandemic.

  8. May 19, 2021

    State House proposal would slash budget for Ann Arbor campus

    A Michigan House committee has moved forward a higher-education budget bill that would leave overall funding flat but radically change how the state supports its 15 public universities.

  9. 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.

  10. 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.