Tuition and fee increases and all proposed budgets were given final approval by the full Board of Regents at their afternoon meeting. The increase is expected to generate $4.6 million in additional funds which, coupled with a slight increase in revenues and a $1.9 million increase in state funding, brings the school’s fiscal 2012-13 operating budget to $290.6 million, a $7.3 million increase from the previous year. “We are all deeply concerned about the cost of education for these students, we truly are,” Regent Mike Morris said, adding that EMU is more “aware than most of the amount of debt that students” incur through college.
http://www.annarbor.com/news/eastern-michigan-university-hikes-tuition-395-sets-2906m-operating-budget/
