general fund
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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.
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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.
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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.
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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.
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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.
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June 21, 2018
General fund budget highlights increased financial aid, academic innovation
U-M will prioritize strategic investments in undergraduate education and increased access and affordability for Michigan residents in the coming fiscal year, according to its 2019 general fund budget for the Ann Arbor campus.
