University of Michigan regents approve free-tuition program
ANN ARBOR — The University of Michigan will offer four years of free tuition for certain in-state students.
The school said its Go Blue Guarantee starts Jan. 1 for students whose families make less than $65,000 annually.
Regents approved the program yesterday as part of the $2-billion fiscal year 2018 general fund budget for the Ann Arbor campus.
Chair Mark Bernstein said the guarantee is expected to increase socio-economic diversity on the campus.
It will not cover room and board, but students may also be eligible for additional aid to cover non-tuition costs.
Tuition for in-state students at Michigan is about $7,413.
Bernstein said funding for the program is generated from out-of-state tuition and university cost containment.
The university said the program will not reduce need-based financial aid for students whose parents earn more than $65,000.