Stories indexed with the term ‘tuition’

The University of Michigan board of regents will consider a proposal offering in-state tuition to undocumented students who meet certain qualifications, according to a report in the Detroit Free Press. If approved, the proposal would also offer in-state tuition to any member of the military currently serving or honorably discharged. [.pdf staff memo of proposed new qualifications for in-state tuition] The regents meet on Thursday, July 18 at 3 p.m. in the North Atrium of Building 18 at the North Campus Research Complex (former Pfizer complex). [Source]

The Detroit News reports on the University of Michigan’s decision to raise tuition by 1.1% for the 2013-14 academic year. It’s the lowest tuition increase in nearly 30 years. The increase was approved at the June 20 UM board of regents meeting, but was opposed by regents Andrea Fischer Newman and Denise Ilitch. The article quotes Ilitch, who has voted against tuition hikes in previous years: “The business model must change. The continuing raising of tuition is not sustainable. This is not a university problem. This is a national problem.” [Source]

University of Michigan’s tuition for students at its Ann Arbor campus will increase 2.8% in the coming year for in-state first- and second-year (lower division) undergraduates – to $12,994 per year – following approval by the board of regents at their June 21, 2012 meeting. Tuition for out-of-state lower division undergraduates will increase 3.5% per year, to $39,122. Most graduate and professional programs would see tuition increases of 3%. Voting against the tuition increases were three regents: Democrats Denise Ilitch and Larry Deitch, and Republican Andrea Fischer Newman.

A year ago, tuition increased 6.7% for in-state undergraduates at the Ann Arbor campus, and 4.9% for out-of-state undergraduates. At the June 2011 regents meeting, Ilitch and Deitch had cast dissenting votes for … [Full Story]

University of Michigan’s tuition will increase 6.7% in the coming year for in-state first- and second-year (lower division) undergraduates, following approval by the board of regents at their June 16, 2011 meeting. (A year ago, tuition increased 1.5% for in-state undergraduates at the Ann Arbor campus.) Tuition and fees for lower division in-state students will be $6,317. Tuition for non-resident lower division undergraduates will increase 4.9%, to $18,891. Voting against the tuition increases were regents Denise Ilitch and Larry Deitch.

University officials emphasized the context for these increases: The FY 2012 budget reflects a $47.5 million cut in UM’s state appropriation to $268.8 million – a decline of 15% compared to FY 2011. The budget also includes $9.2 million in student … [Full Story]

University of Michigan Board of Regents meeting (June 17, 2010): Budget presentations dominated the June meeting, the time of year when regents are asked to approve what have become inevitable tuition hikes for the university.

This year, with two regents dissenting, a tuition increase of 1.5% for in-state undergraduates was approved for the Ann Arbor campus. UM executives noted that it’s the lowest rate increase in 26 years – but if their projections for state appropriations prove too optimistic, they cautioned that they might need to return to request raising tuition later in the fiscal year.

University officials say they’re buffering the tuition increase by substantially adding to the amount of financial aid available to students – $126 million, up $8.3 million from the current year. They’re also launching a new “economic hardship” program, adding $500 in financial aid per year for up to four years for qualified students.

Tuition makes up a large portion of the general fund operating budget. For the Ann Arbor campus, a budget of $1.55 billion in FY 2011, which begins July 1, marks a 6.75% increase from FY 2010.

Regents also approved the FY2011 budget for the UM Hospitals and Health Centers – revenues are projected to top $2 billion for the first time during this year, with a $66 million operating surplus.

And UM athletic director Dave Brandon gave a briefing on the athletic department budget, though it doesn’t require regental approval. Projected revenues of $105 million includes $38.19 million from ticket sales, while the budgeted $100.3 million in expenses includes a $9.22 million debt service payment for Michigan Stadium renovations.

In addition to budgets, regents approved several construction projects, including a $56 million renovation of Alice Lloyd Hall and a $1.6 million repair of Burton Memorial Tower, which will close the landmark site – and silence its carillon – for about a year, starting in August. [Full Story]

University of Michigan Board of Regents meeting (June 18, 2009): Despite dissent from two regents over a 5.6% tuition hike, the University of Michigan Board of Regents approved several FY2010 budgets at their Thursday afternoon meeting – including budgets for the general fund, health system, and athletic department.

Though budget presentations – and speaking turns by each regent on the budget, most of them reading from prepared statements – took up much of the meeting, the board approved several other items, among them: 1) changes to UM’s technology transfer policy, 2) authorization to demolish seven vacant buildings that make up the Kresge complex at the corner of Ann Street and Zina Pitcher Place, 3) approval to hire an architect for a major expansion to the G.G.Brown building on north campus, and 4) design approval for a new intercollegiate soccer stadium.

We’ll begin our report with a look at non-budget agenda items. [Full Story]

University of Michigan Board of Regents (March 19, 2009): Much of this month’s meeting of the University of Michigan Board of Regents was spent hearing from students who were advocating for three issues: A coordinated sustainability effort on campus, a tuition freeze, and UM’s investment in HEI Hotels & Resorts.

In her opening remarks, UM president Mary Sue Coleman praised the performance of several athletic teams, including men’s basketball, hockey, swimming and diving – all were competing at the national level, most notably the basketball team in a NCAA tournament appearance. She said in the midst of this was also sad news about the sudden death of Matthew Hilton-Watson, a 40-year-old UM-Flint professor who collapsed in class and died earlier this month, as well as the death of Bill Davidson, whom Coleman described as a “true gentleman,” philanthropist and exceptional business leader.

Coleman used the reference to Davidson’s business acumen as a segue into announcing that UM will ask employees to share a greater amount of their health care costs. She described employee health care as the university budget’s fastest-growing expense and a threat to its core mission. Details of those changes were released on Friday, the day after the regents meeting. [Full Story]