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Posted: 3:02 PM Jun 19, 2009
U of M Will Raise Tuition
MSU expected to follow suit.
Reporter: Associated Press |
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The University of Michigan plans to raise undergraduate tuition by 5.6 percent at its Ann Arbor campus next fall while increasing financial aid opportunities for students.
The vote by the university's governing board Thursday is a sign many Michigan public universities may have relatively modest tuition increases compared to recent years.
Michigan's public universities have increased tuition faster than the national average in recent years because state financial support has eroded during an ongoing recession. Tuition increases at the state's 15 public universities averaged about 7 percent headed into last fall.
But support from the federal stimulus package may keep tuition and fee increases lower than they would have been otherwise headed into the 2009-10 academic year.
Annual tuition for a full-time, instate freshman at the University of Michigan in Ann Arbor will be $11,659 next academic year, up $622.
Tuition will rise 6.7 percent at the University of Michigan-Dearborn and 6.5 percent at the University of Michigan-Flint.
The University of Michigan-Ann Arbor plans to increase its financial aid for undergraduates by 11.7 percent next year. Students also will be helped by aid opportunities from the stimulus package.
Michigan State University's governing board is expected to vote on a proposal to significantly increase financial aid and raise tuition by 5.2 percent at a Friday meeting, spokesman Terry Denbow said.
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