Board of Trustees Hails Graduates, Passes Budget
At a meeting of Michigan Tech's Board of Trustees on Friday, April 29, the Board celebrated nearly 1,000 students who were to be awarded degrees at Spring Commencement on Saturday, including more than 200 graduate students.
At the meeting, the Board approved two new degree programs, a Master of Science in Cybersecurity and a PhD in Applied Physics.
The MS in Cybersecurity is an interdisciplinary program involving faculty from the Departments of Computer Science and Electrical and Computer Engineering and from the School of Technology. The program is expected to broaden students’ opportunity for future career development.
The PhD in Applied Physics is a spinoff of the Physics Department’s current PhD in Engineering Physics. It will replace the Engineering Physics program, broadening the scope of that program to meet the needs of students focusing on interdisciplinary areas of engineering and science, including nanotechnology, photonics, plasmonics and biophysics.
The Board approved a general operating fund budget of $200,057,777 for the 2017 fiscal year, which begins July 1. The operating budget is based on anticipated state appropriations of $48,854,700, approximately 4.3 percent more than last year.
Included in the budget is an average 4.8 percent increase in tuition and fees meeting the requirements of the Governor’s proposed tuition cap. In-state tuition and fees for first-year students will increase by 2.4 percent, with the increase for upperclassmen totaling 6.9 percent. Graduate tuition will increase by 5 percent.
The operating budget is based on anticipated state appropriations of $48,854,700, approximately $1.6 million more than last year.
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