Governor proposes budget to increase University funding
Wednesday, Gov. Rick Snyder suggested a 2 percent increase in funding for the state’s higher education budget during the 2018-2019 fiscal year. According to a University of Michigan press release, the proposed plans would provide the University’s Ann Arbor campus with $320.8 million. The budget would also provide the Dearborn campus with $26.1 million, a 2.6 percent increase, and the Flint campus with $23.6 million, a 2.3 percent increase.
The plan would recover lost funding from the Ann Arbor campus during the 2011 cut to higher education. Half of this funding is contingent upon University milestones in areas including research, graduation rates, administrative expenditures and Pell Grant recipients. The universities must also limit tuition increases to 3.8 percent or double expected inflation rates in order to receive the funding.
Cynthia Wilbanks, University vice president for government relations, was pleased with the announcement.
“Investing in higher education provides greater opportunities to our residents and is absolutely critical for our state’s continued economic growth,” Wilbanks said in a statement to The University Record. “We look forward to working with our representatives in the state House and Senate as this budget process proceeds.”
The budget also includes a recommendation for funding increases at Oakland University, Lake Superior State University and Michigan State University AgBioResearch and Extension.
For now, the budget heads to the Michigan Legislature for amendments and approval votes by both the state House and Senate.