June 22, 2012

University of Michigan Board of Regents approves 2.8 percent tuition increase

The typical University of Michigan student in Ann Arbor will pay 2.8 percent more in tuition and fees next school year, the Board of Regents decided yesterday. Regents voted 5-3 to pass the tuition rate increase on a voice vote. Last year, U-M raised tuition by 6.7% and has averaged a 5.36% increase over the last five years. The increase will raise an additional $66 million in revenue for the university. U-M is set to receive a 1.6 percent increase in state funding next year. U-M is the first of the state's major universities to set tuition rates for next year. Michigan State University is expected to set its rates Friday morning, and Wayne State University is expected to set its rate next Wednesday. Michigan Technological University also set its rate yesterday at 3.9 percent. U-M's Board of Regents set tuition rate increases at 3.6 percent for U-M-Flint and 3.7 percent at U-M-Dearborn.

http://www.freep.com/article/20120621/NEWS05/120621068/University-of-Michigan-Board-of-Regents-approves-2-8-tuition-increase?odyssey=nav%7Chead
http://detroit.cbslocal.com/2012/06/21/um-says-aid-will-cover-tuition-increase-in-12-13-budget/
http://www.detroitnews.com/article/20120622/SCHOOLS/206220376/1409/metro/U-M-increases-state-tuition-by-modest-2-8-percent

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