budget

  1. February 10, 2022

    Whitmer budget includes big increase in higher ed funding

    The state’s 15 public universities would each receive a 5 percent increase in additional ongoing funding plus another 5 percent one-time increase under Gov. Gretchen Whitmer’s budget proposal.

  2. June 18, 2021

    University lifts spending restraints imposed during pandemic

    U-M will lift universitywide pandemic-related spending restraints that were implemented in April 2020 but will continue to be prudent about spending in the face of ongoing financial uncertainties.

  3. 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.

  4. 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.

  5. 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. 

  6. 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. 

  7. 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.

  8. 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.

  9. 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.

  10. 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.