Section A: Annual Operating Budget
FY2022-2023 General Fund Budget
| Operating Revenues |
| Tuition and Fees |
$160,872,103 |
| Federal Grants and Contracts |
$40,000 |
| Indirect Cost Recoveries |
$16,700,000 |
| Educational Activities/Misc. Revenues |
$315,000 |
| Total Operating Revenues |
$177,927,103 |
| Operating Expenses |
| Staff S&W |
($40,747,168) |
| Faculty S&W |
($50,635,632) |
| Grad Student S&W |
($4,954,462) |
| Undergrad Student S&W |
($938,068) |
| Fringe Benefits |
($40,429,407) |
| Supplies and Services |
($14,383,342) |
| Financial Aid Scholarships and Fellowships |
($59,750,657) |
| Utilities |
($4,127,048) |
| Contingency/Carryforward Reserve |
($5,000,000) |
| Total Operating Expenses |
($220,965,782) |
| Transfers |
| Mandatory/Non-Mandatory |
($13,491,592) |
| Total Transfers |
($13,491,592) |
| Nonoperating Revenues (Expenses) |
| State Appropriations |
$52,319,195 |
| Gift Income |
$3,411,077 |
| Investment Income |
$800,000 |
| Total Nonoperating Revenues (Expenses) |
$56,530,272 |
| |
| Net Income (Loss) |
$- |
Section B: Summary of Current Expenditures
General Fund Personnel Expenditures 2020-2021
- Earnings and Wages: $88,815,806
- Employee Benefit Costs: $20,602,101
- Other Benefit Costs: $3,395,162
- Retirement Benefits-MPSERS: $5,189,904
- Retirement Benefits-TIAA-CREF/Fidelity: $5,831,425
General Fund Expenditures 2020-2021
- Instruction: $62,896,077
- Research: $18,601,729
- Public Service: $1,347,977
- Academic Support: $20,981,962
- Student Service: $8,861,568
- Institution Support: $19,053,041
- Plant Op and Maintenance: $10,706,709
- Financial Aid: $47,192,352
- Mandatory Transfers: $2,478,328
- Non-Mandatory Transfers: $17,955,076
Section C: Important Links
Section D
Positions Funded Partially or Wholly through the General Fund
Section E
General Fund Revenue and Expenditure Projections
Section F
Debt Service Obligations
Section G
Core Community College Course Transferability Policy
The established core courses, as defined by the Michigan Transfer Agreement (MTA),
will be evaluated in accordance with the University's transfer credit policy and will be used to satisfy a portion of the general education requirements. For
more information, please see the Michigan Transfer Agreement page.
Section H
Community Colleges with Reverse Transfer Agreements
- Gogebic Community College
- Bay de Noc Community College
- Delta College
- Kalamazoo Valley Community College
- Northwestern Michigan College
Part 2 Metrics
Students
| |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
| Undergraduate Enrollment |
5,797 |
5,750 |
5,640 |
5,777 |
| Graduate Enrollment |
1,375 |
1,277 |
1,233 |
1,231 |
| Total Enrollment |
7,172 |
7,027 |
6,873 |
7,008 |
| Student Retention Rate |
83.6 |
83.5 |
85.8 |
84.7 |
| Six-Year Graduation Rate |
68.4 |
69.5 |
72.1 |
69.1 |
| Number of PELL Grant Recipients |
1,341 |
1,252 |
1,139 |
- |
| Graduating PELL Grant Recipients |
413 |
395 |
384 |
- |
Geographic Origin of Students
Undergraduate Students
| |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
| In-State |
4,407 |
4,432 |
4,384 |
4,487 |
| Out-of-State |
1,277 |
1,224 |
1,197 |
1,237 |
| International |
113 |
94 |
59 |
53 |
Graduate Students
| |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
| In-State |
366 |
382 |
412 |
405 |
| Out-of-State |
216 |
210 |
260 |
266 |
| International |
793 |
685 |
561 |
560 |
Total Students
| |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
| In-State |
4,773 |
4,814 |
4,796 |
4,892 |
| Out-of-State |
1,493 |
1,434 |
1,457 |
1,503 |
| International |
906 |
779 |
620 |
613 |
Teaching
Faculty-to-Student and Employee-to-Student Ratios
| |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
| Faculty-to-Student |
1:13 |
1:12 |
1:13 |
1:13 |
| Employee-to-Student |
1:5 |
1:4 |
1:5 |
1:5 |
Teaching Loads by Faculty Classification
Full-time instructional faculty are required to teach 12 credits per semester.
Graduation Outcome Rates
| |
2017-18 |
2018-19 |
2019-20 |
2020-21 |
| Student Success and Progress Graduation Rate |
76.0 |
78.0 |
79.0 |
77.0 |
| Overall Placement Rate |
93.0 |
97.0 |
90.1 |
94.5 |
| Continuing Education (e.g., Graduate School) |
13.3 |
14.3 |
17.8 |
13.0 |
| Employment |
78.2 |
81.4 |
71.4 |
79.8 |
| Military Service |
1.3 |
1.2 |
0.7 |
1.0 |
| Volunteer Activity/Other (e.g., Peace Corps) |
0.1 |
0.3 |
0.1 |
0.2 |
| Survey Response Rate |
68.0% |
67.4% |
79.8% |
75.1% |
| Note: All data prepared in accordance with definitions provided by the Presidents
Council's Analytical Studies Committee.
|
Section I
Programs Providing Opportunities for College Credit
Free Application for Federal Student Aid
Undergraduate Students
| |
2020-2021 |
| Number |
4,419 |
| Percent |
79% |
Graduate Students
| |
2020-2021 |
| Number |
219 |
| Percent |
17% |
Capital Outlay
Campus Safety Transparency Reporting
Campus Safety Information
