Budget

Academics / Budget / Top Stories / University

Ross says President Obama’s plea for universities to control tuition hikes does not affect CMU

University President George Ross is confident Central Michigan University will not be impacted by certain topics discussed by President Barack Obama during his speech at the University of Michigan last Friday. President Obama announced a plan to force public universities […]
Administration / Budget / College of Medicine

Faculty share concerns about CMED at Trustee-Faculty Liaison Committee meeting Wednesday

Concerns from faculty members about the College of Medicine and the most recent Academic Senate meeting were shared at Wednesday’s Board of Trustees-Faculty Liaison Committee meeting. CMED Dean Ernest Yoder gave a presentation about CMED’s planning and funding at Tuesday’s […]
Budget / College of Medicine

Provost says CMU has ‘ample resources’ to fund CMED, during A-Senate

Provost Gary Shapiro told the Academic Senate Tuesday Central Michigan University has “ample resources to fund the College of Medicine.” “CMED began funding in the 2008 school year,” Shapiro said. “Since then, we’ve funded approximately $5 million each year. We […]
Budget / Football / Top Stories

Michigan to pay CMU $850,000 for 2013 game

The University of Michigan will pay Central Michigan University $850,000 to come to Ann Arbor to play football on Aug. 31, 2013. The contract states CMU will also be given 450 tickets to the game, according to information Central Michigan […]
Administration / Budget / Top Stories

Academic prioritization release expected next week after several delays

Academic prioritization is behind schedule, but Provost Gary Shapiro expects to release the results next week. The process began in November 2010, when the provost asked all college deans to rank their degree programs on importance and funding needs. Shapiro […]
Budget / Top Stories

University’s unrestricted funds increase by nearly $50 million from last year

Central Michigan University gained $47.8 million in unrestricted funds from last year, up to about $276 million on June 30. The increases are composed mainly from capital projects in various stages of planning. The reserve balances include funds from operational […]
Administration / Budget

Faculty, CMU spar over unrestricted net assets as compensation talks continue

In the middle of the bargaining ring between faculty and Central Michigan University stands one point of contention — $228 million in unrestricted net assets. Debate over what it means, and debate over how the money can be used. Unrestricted […]
Budget
(Infographic by Amelia Eramya/Page Designer)

CMU tuition increase lowest in state; students still disappointed

Though the Central Michigan University Board of Trustees unanimously approved a 3.47 percent tuition rate increase, the lowest among main Michigan colleges, students are still voicing concern about current and future increases. For 2011-2012 in-state undergraduate students, this means a […]
Budget

2011-12 operating budget set at $429 million by trustees

Central Michigan University's operating budget for fiscal year 2011-12 weighs in at $429 million after its approval at today's board of trustees meeting. The university expects $333,603,212 from the general fund in total revenue, which includes tuition dollars, state appropriations […]
Academics / Budget

Mediation ends between CMU, Faculty Association with no deal in place

Mediation has ended with no agreement reached on the Faculty Association's contract with CMU. The FA and the university have met three times for mediation, twice before the bargaining unit's contract expired on June 30. The FA said in a […]
Budget

UPDATE: 3.47 percent tuition increase approved at CMU Board of Trustees meeting

The Central Michigan University Board of Trustees unanimously approved a 3.47 percent tuition rate increase for in-state undergraduates for the next school year. This means a cost of $358 per credit hour, $12 more than 2010-11, making the total tuition […]
Budget

Eastern Michigan, Michigan State, University of Michigan set tuitions under increase threshold

The seven-percent tuition increase trend continues with the University of Michigan and Michigan State University’s rate adjustments. The universities’ tuition increases were determined last week at their respective board meetings. U-M raised tuition 6.7 percent while MSU raised tuition 6.9 […]


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