Tuition increases at all 3 University of Michigan campuses stop just short of Snyder's 7 percent guideline - Crain's Detroit Business

The University of Michigan board of regents on Thursday evening approved tuition increases at all three of the university’s campuses. UM-Ann Arbor students will see a 6.7 percent increase in tuition in the fall, while UM-Dearborn tuition will increase 6.9 percent and UM-Flint will rise 6.8 percent. Under Gov. Rick Snyder’s budget plan, Michigan’s public universities are facing a 15 percent reduction in state funding. Under Snyder’s budget, universities must keep tuition below the five-year average rate —7 percent — or face steeper cuts in funding. UM-Ann Arbor will see a $47.5 million cut in funding for the 2011-12 academic year. The 6.7 increase is expected to generate more than $46 million in revenue. The $1.59 billion UM-Ann Arbor budget was approved in a 6-2 vote. State funding for UM-Dearborn is down to $20 million from $25 million last year. UM-Flint funding is down $6 million from last year.