Michigan’s 15 public universities likely will have to keep tuition increases at or below 3.75 percent to get additional money or so-called “performance” funding in next year’s state budget.
A Republican-led legislative panel approved a conference committee report along party lines Thursday at the Michigan Capitol. It sets the stage for final votes on the plan in the House and Senate, likely next week.
Universities that don’t limit their tuition increases for next fall could lose money they otherwise would get based on measures such as graduation rates, degree completions, comparisons to peers and other factors.
There also are some clauses in the conference committee report for Senate Bill 193 aimed at requiring some reports from universities related to social issues.