Dear Students, Faculty, and Staff,
Tonight, President Schlissel called together the University of Michigan Board of Regents to discuss the upcoming fiscal year 2020/2021 budget.
After much discussion, the Regents voted and approved the general fund budget of $113.6 million for UM-Flint for the new fiscal year beginning July 1.
The regents also set tuition and fees for the coming academic year with a $243-per-term increase (3.9 percent) in undergraduate tuition and fees and a $306-per-term increase (3.9 percent) in graduate tuition and fees for most graduate programs. A typical in-state, full-time freshman student with 15 credit hours will pay an average of $6,446 in tuition and fees per semester in the coming year. The cost of tuition and fees for graduate students varies by program.
With the need for a majority of courses to be offered online as a result of the ongoing COVID-19 pandemic, UM-Flint is eliminating the online credit fee of $46 per credit hour for the upcoming academic year. That means that a student taking 15 credit hours online would have a total savings of $690 in fees, more than offsetting the $243-per-term increase.
The average room and board rates for student housing increased by approximately 2.3 percent with a board rate increase of approximately .09 percent. Room rates vary by room type.
Even with this slight increase, UM-Flint’s tuition and room and board remain among the most affordable in the state.
Finally, some very good news for our campus. President Mark Schlissel also announced he would make a $20 million fund available to be shared by the UM-Flint and UM-Dearborn campuses to support student recruitment, retention, and graduation. The money will be devoted to student success initiatives identified by each campus’s chancellor and specific to each campus’s strategic priorities. This is an extraordinary commitment, and I am very appreciative of President Schlissel’s staunch support of our university.
We are cognizant of the fact these are difficult times for many people. The university has been strongly impacted by the pandemic, and we are continuing to do all we can to reduce spending and make budget cuts in order to strengthen the institution. We will continue to do all we can to find ways to support students, and provide them with an excellent educational experience in spite of the challenges presented by COVID-19.
In good health,