1. June 29, 2023

    State budget has more U-M funding, scholarship support

    The Legislature has passed a 2023-24 budget that provides the state’s public universities with significant increases in operational funding and additional support for facilities, infrastructure, technology and campus security.

  2. June 15, 2023

    Regents’ comments about U-M’s 2023-24 budget

    Comments from Regents Jordan B. Acker, Michael J. Behm and Sarah Hubbard at the June 15, 2023, Board of Regents meeting.

  3. June 15, 2023

    U-M expands its Go Blue Guarantee in 2023-24 budget

    Another 450 in-state students will be able to attend U-M tuition-free as part of a 2023-24 budget that expands the Go Blue Guarantee and prioritizes affordability and key investing in student, faculty and staff success.

  4. June 15, 2023

    Michigan Medicine reports positive FY ’23 finances

    Michigan Medicine projected positive fiscal year-end results, with an anticipated 0.7% – or $39.8 million – operating margin on forecasted operating revenues of $5.9 billion. 

  5. June 15, 2023

    Athletics projects balanced budget in FY ’24

    The athletic department reported a slight operating surplus for the current fiscal year and is projecting a slight decrease in total operating revenues and expenses for fiscal year 2024.

  6. June 15, 2023

    Dearborn budget invests in employees, need-based aid

    UM-Dearborn affirmed its commitment to student success, more equitable wages and sustainability efforts in its $170.2 million general fund operating budget for fiscal year 2024.

  7. June 15, 2023

    Flint budget increases institutional aid for students

    UM-Flint’s budget for the 2024 fiscal year increases institutional financial aid available to students while allowing for continued curricular and support innovation. 

  8. July 1, 2022

    State budget has more U-M funding, supports EV center

    Michigan lawmakers have approved a 2022-23 budget that will substantially increase state funding for U-M’s three campuses, and also supports a wide range of university-related research areas and interests.

  9. June 16, 2022

    Most in-state undergrads to see no additional tuition costs

    Most in-state undergraduates at U-M will see no increase in out-of-pocket tuition expenses this fall. The FY ’23 budget also includes a $15-per-hour minimum wage for temporary and student employees, and faculty and staff merit programs.

  10. June 16, 2022

    UM-Dearborn budget prioritizes student aid, investments in workforce

    UM-Dearborn will increase its financial aid spending by nearly 25% next year as part of the university’s commitment to student success and academic excellence.