Increase Lowest Since 2004-05 School Year
June 21, 2012
DEARBORN / June 21, 2012--Today the University of Michigan Board of Regents approved a proposed 3.7 percent increase in undergraduate and graduate tuition for students at the University of Michigan-Dearborn, the lowest tuition increase since the 2004-05 school year. The Regents also approved the university’s proposed 2012-13 operating budget.
“While it is always a difficult decision to raise tuition, the university is committed to maintaining the academic quality of the university and making a Michigan education accessible to all students,” said Daniel Little, chancellor, UM-Dearborn. “We are grateful for the thoughtful, thorough and inclusive way the governor and legislature engaged the state’s public universities in the budget process and we appreciate the reversal of years of declining state support of our public universities.”
The value of a Michigan degree has never been more important in making a difference in students’ lives and increasing the talent pool for Michigan’s current and emerging industries.
A typical in-state, full-time undergraduate student with 15 credit hours would pay an average of $5,241 in tuition and fees per semester starting in September. The cost of tuition and fees for graduate students varies from program to program.
UM-Dearborn also has increased its financial support budget by 15 percent to help offset student cost and ensure a Michigan education is accessible to students from all socioeconomic backgrounds.
The university is committed to working creatively and in partnership with Governor Rick Snyder and the state legislature to best serve Michigan residents. This year, UM-Dearborn will see an increase in state appropriation of 4.2 percent—or $882,500—following last year’s decline of 15 percent in state funding. This increase in state funding directly impacted the university’s tuition rates and led to a lower tuition increase than in years past.
UM-Dearborn has redirected nearly $7 million from its operating budget over the past nine years to support expenditures of the highest priority. Savings have resulted from continued energy conservation measures, streamlining purchasing practices with the Ann Arbor and Flint campuses and other measures.
UM-Dearborn has created a website, www.umd.umich.edu/tuition2012, to help students better understand the various factors used in determining tuition rates and resources available, such as financial aid and scholarship opportunities.
Founded in 1959 with a gift of just over 200 acres of land and $6.5 million from the Ford Motor Company, University of Michigan-Dearborn is a metropolitan university serving southeastern Michigan, committed to excellence rooted in strong academics, innovative research and programming and civic engagement. The University has nearly 8,900 students pursuing more than 100 bachelor's, master’s, doctoral and professional degrees in liberal arts and sciences, engineering, business and education. A top-ranked university with a faculty devoted to teaching, and students committed to achievement, UM-Dearborn has been shaped by its history of partnering with local leaders and communities, and is committed to finding solutions for the challenges that face the region.
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