Section 245

Section A: Annual Operating Budget

FY2021-2022 General Fund Budget
Operating Revenues
Tuition and Fees $145,821,773
Federal Grants and Contracts $40,000
Indirect Cost Recoveries $16,700,000
Educational Activities/Misc. Revenues $315,000
Total Operating Revenues $162,876,773
Operating Expenses
Staff S&W ($38,273,086)
Faculty S&W ($47,610,656)
Grad Student S&W ($4,788,285)
Undergrad Student S&W ($938,068)
Fringe Benefits ($38,079,046)
Supplies and Services ($14,038,683)
Scholarships ($51,957,568)
Utilities ($4,127,048)
Carryforward/Contingency Reserve ($5,000,000)
Total Operating Expenses ($204,812,439)
Transfers
Mandatory/Non-Mandatory ($13,281,640)
Total Transfers ($13,281,640)
Nonoperating Revenues (Expenses)
State Appropriations $51,303,152
Gift Income $3,129,077
Investment Income $800,000
Total Nonoperating Revenues (Expenses) $55,232,229
 
Net Income (Loss) $14,923

Section B: Summary of Current Expenditures

General Fund Personnel Expenditures

FY2019-20 General fund personnel expenditures pie chart.

  • Earnings and Wages: $93,056,715
  • Employee Benefit Costs: $20,613,303
  • Other Benefit Costs: $3,036,745
  • Retirement Benefits-MPSERS: $4,966,716
  • Retirement Benefits-TIAA-CREF/Fidelity: $5,699,216

General Fund Expenditures

Fiscal year 2019-20 general fund expenditures pie chart.

  • Instruction: $66,754,693
  • Research: $17,758,113
  • Public Service: $1,496,206
  • Academic Support: $21,587,522
  • Student Service: $9,527,342
  • Institution Support: $19,889,108
  • Plant Op and Maintenance: $10,940,805
  • Financial Aid: $45,395,506
  • Mandatory Transfers: $2,321,500
  • Non-Mandatory Transfers: $15,896,685

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

  2017-18 2018-19 2019-20 2020-21
Undergraduate Enrollment 5,890 5,797 5,750 5,640
Graduate Enrollment 1,402 1,375 1,277 1,233
Total Enrollment 7,292 7,172 7,027 6,873
Student Retention Rate 83.2 83.6 83.5 85.8
Six-Year Graduation Rate 66.5 68.4 69.5 72.1
Number of PELL Grant Recipients 1,491 1,341 1,252 -
Graduating PELL Grant Recipients 386 413 395 -

Geographic Origin of Students

Undergraduate Students
  2017-18 2018-19 2019-20 2020-21
In-State 4,469 4,407 4,432 4,384
Out-of-State 1,279 1,277 1,224 1,197
International 142 113 94 59
Graduate Students
  2017-18 2018-19 2019-20 2020-21
In-State 325 366 382 412
Out-of-State 224 216 210 260
International 853 793 685 561
Total Students
  2017-18 2018-19 2019-20 2020-21
In-State 4,794 4,773 4,814 4,796
Out-of-State 1,503 1,493 1,434 1,457
International 995 906 779 620

Teaching

Faculty-to-Student and Employee-to-Student Ratios
  2017-18 2018-19 2019-20 2020-21
Faculty-to-Student 1:13 1:13 1:12 1:13
Employee-to-Student 1:5 1:5 1:4 1:5
Teaching Loads by Faculty Classification

Full-time instructional faculty are required to teach 12 credits per semester.

Graduation Outcome Rates

  2016-17 2017-18 2018-19 2019-20
Student Success and Progress Graduation Rate 75.0 76.0 78.0 79.0
Overall Placement Rate 92.0 93.0 97.0 90.1
Continuing Education (e.g., Graduate School) 13.0 13.3 14.3 17.8
Employment 76.5 78.2 81.4 71.4
Military Service 1.3 1.3 1.2 0.7
Volunteer Activity/Other (e.g., Peace Corps) 0.7 0.1 0.3 0.1
Survey Response Rate 73.6% 68.0% 67.4% 79.8%
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