On Wednesday, Feb. 26, U-M will be holding an event on college affordability at the Christman/MML Building in Lansing. Speaking at the event will be Regent Mark J. Bernstein, ’93, JD’96, MBA’96.
This has been a top issue for U-M, as priority No. 1 of the University-wide Victors for Michigan Campaign is student support–that is, ensuring that a diverse group of the world’s brightest students will be able to study at Michigan.
Here are some affordability highlights:
- For students receiving aid, U-M was less expensive than Michigan Tech, Western Michigan, and Grand Valley (2011-2012).
- Students coming from a family making $80,0000-$100,000 receive aid covering 53 percent of costs.
- U-M’s tuition increase this year was the smallest for over 30 years.
- Speaking to the value of a Michigan education, U-M has a 73 percent four-year graduation rate, compared to 27 percent for U.S. public universities overall.
The Alumni Association also has several initiatives to help keep Michigan affordable:
- The Club Scholarship program, where local alumni help admitted students make it Michigan.
- The LEAD Scholars program.
- We make it easy to give back, as you can read about in this story about an alumni scholarship fund.