budget
-
June 28, 2024
State budget supports U-M’s education, economic development efforts
The Michigan Legislature passed a 2024-25 general fund and education omnibus budget June 27, allocating a modest increase for the Ann Arbor campus’ operations.
-
June 20, 2024
U-M Health reports positive financial performance for FY ’24
Michigan Medicine is projecting positive 2024 fiscal year-end results for its clinical operations, with an anticipated 2.9% — or $226.5 million — operating margin on forecasted operating revenues of $7.9 billion.
-
June 20, 2024
UM-Flint’s 2024-25 budget increases financial aid by $2.2M
The Board of Regents approved a $125.2 million general fund budget for UM-Flint on June 20. It outlines spending for the fiscal year beginning July 1.
-
June 20, 2024
UM-Dearborn continues to invest in need-based financial aid
The Board of Regents approved UM-Dearborn’s $175 million general fund budget proposal at its June 20 meeting.
-
June 20, 2024
Regents approve FY ’25 budget for athletic department
For FY ’24, which ends June 30, the athletic department projects a slight operating surplus of $200,000 based on operating revenues of $230.6 million and operating expenses of $230.4 million.
-
June 20, 2024
FY ’25 budget supports U-M’s strategic vision
U-M will invest in key priorities identified in its Vision 2034 strategic vision under the 2024-25 fiscal year budget, which includes tuition and fee increases, and also more than $390 million in student financial support.
-
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.
-
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.
-
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.
-
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.
