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State Higher Education Budget Process for Fiscal Year 2010

On October 30, 2009, Governor Granholm signed HB 4441 (PA 132 of 2009) into law. It contains an across the board 3 percent reduction in base funding to Michigan’s public universities. This reduction was partially replaced by $68 million in funding from the American Recovery and Reinvestment Act – State Fiscal Stabilization Fund (Federal stimulus dollars). After combining the base budget and ARRA SFSF one-time funding, the state’s public universities saw a 0.4% decrease in operating funds.

Funding for the state’s financial aid programs has been dramatically reduced, including a complete elimination of funds for the Michigan Promise Grant program.

The final bill provides a separate section for the University Research Corridor institutions: University of Michigan, Michigan State University, and Wayne State University.

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