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Budget Focal Points

Financial Aid

Committed to making higher education accessible to qualified students of all economic means, MSU has made unprecedented investments in financial aid over the last five years, increasing general fund financial aid by approximately 134% over 10 years. MSU routinely enrolls over 8,500 Pell grant recipients, 3,500 more than our Carnegie peers. MSU’s financial aid efforts result in fewer MSU undergraduates graduating with debt, and, for those with debt, at lower totals than both State and National peers. View Ensuring Access and Opportunity for more information. 

Tuition

At the core of MSU's land-grant values is a commitment to remain at the best possible intersection of value and quality. It is MSU's intention to ensure that students receive the best educational value for their tuition dollars. Current MSU tuition rates

Efficient Operations

MSU is focused on operating as efficiently and effectively as possible, while meeting the challenge of maintaining quality. In fact, MSU operates with $3,000 less in per student than its Carnegie peers. If MSU was funded at the Carnegie average, MSU would operate with $125M more in appropriations funding. MSU is a leader among Big Ten and Carnegie peers for custodial and grounds maintenance, cost per energy unit, and in students served by each employee. View Building Value for more information.

Energy/Utilities

With one of the lowest total energy loads for a university of its size in a northern climate, MSU is reducing energy use, increasing recycling efforts, and reducing waste on campus. In fact, MSU avoided $1M in planned increases to the utility budget in FY16 and is poised for further savings in FY17 and beyond. Additionally, MSU officially ended its use of coal in the generation of campus heat and electricity during 2015 and initiated an agreement to construct a 10MW solar array on campus. Since 2010, MSU has reduced greenhouse gas emissions by 25 percent. View Building Value for more information.

Health Care

In the face of rising health costs nationwide, MSU is keeping down costs while preserving value for stakeholders. In fact, MSU has experienced cost increases below or equal to the national benchmark in 8 of 11 years.

Compensation

To assure continued quality, MSU is committed to remaining competitive for faculty and staff compensation.

Long-Term Financial Framework

Ongoing investments in a number of critical areas are necessary to sustain MSU’s momentum and ensure continued success.

Appropriations

MSU faces the challenge of declining support for higher education from the State of Michigan, which ranks 47th of 48 states where data is available in the nation for rates of change in funding to higher education over the last ten years. MSU routinely operates with approximately $3,000 less in per student appropriations than its Carnegie peers, equivalent to $125 million in total appropriations, or enough to offset tuition by approximatrely 14 percent. View Building Value for more information.

Opportunity

ENSURING ACCESS AND OPPORTUNITY

Providing financial aid, academic opportunities, and value

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Advance

ADVANCING INNOVATION AND EXCELLENCE

Enhancing a culture of high performance, guiding future plans, expanding top programs and research

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Building value

BUILDING VALUE

Increasing efficient operations, sustainable decision-making, energy and healthcare savings

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Future

INVESTING IN MICHIGAN'S FUTURE

Driving the knowledge economy, attracting talent, improving quality of life

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