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The University of Michigan (U-M, UMich, ... Student tuition and fees contributed $1.95 billion to the General Fund, accounting for 11% of the total budget. [160]
Tuition at Michigan for the 2020–2021 academic year is $63,680 for residents of the state of Michigan and $66,680 for non-residents. The estimated cost of living for a Michigan student is $21,900. Assuming no tuition increases, a typical three-year course of study at Michigan therefore costs $256,740 (or $85,580 per year) for residents and ...
In 2015, Michigan Ross announced the Alumni Advantage program that offers free lifetime open-enrollment executive education tuition for all its degree alumni and half-price tuition for non-Ross UM alumni. [22] In 2016, the Jeff T. Blau Hall and the renovated Kresge Hall opened. [5]
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If it seems like college keeps getting more and more expensive, it's because it truly is -- and the price hikes are outpacing inflation by a long shot. When Gen X began attending college in the ...
Under Schlissel, the University of Michigan's tuition has risen to the highest of any American public university. [59] [60] [61] During Schlissel's tenure, because of heavy investments in financial aid, most in-state undergraduate students saw no net change in tuition, despite rising costs of higher education nationally. [62]
The new hospital was the most expensive building project in University of Michigan history and one of the most expensive construction projects in state history. Of the $754 million cost, the university financed $588 million through tax-exempt bonds, $91 million through cash reserves from hospital operations, and $75 million through fundraising.
At Georgia State, athletic fees totaled $17.6 million in 2014, from a student population in which nearly 60 percent qualify for Pell Grants, the federal aid program for low-income students. The university contributed another $3 million in direct support to its sports programs.