Funding and Annual Reports

Current Fiscal Year (FY) Funding – October 1 through September 30

Student aid programs and funding are authorized annually as part of the state's budget process and are subject to change. Program funding for Academic Year 2018-19 (September 1 through August 31) was approved with P.A. 265 of 2018. The programs are as follows:

Program

FY17

FY18

FY19

Children of Veterans Tuition Grant and Police Officer’s and Fire Fighter’s Survivor Tuition Grant 

$    1,400,000 

$    1,400,000 

$    1,400,000 

Dual Enrollment Program 

$    1,507,600 

$    2,007,600 

$    2,007,600 

Fostering Futures Scholarship 

$       750,000 

$       750,000 

$       750,000 

GEAR UP 

$    3,200,000 

$    3,200,000 

$    3,200,000 

Michigan Competitive Scholarship 

$  18,361,700 

$  26,361,700 

$  32,361,700 

Michigan Tuition Grant 

$  35,021,500 

$  38,021,500 

$  38,021,500 

Talent for Tomorrow Scholarship 

N/A

N/A

$  20,000,000 

Tuition Incentive Program 

$  53,000,000 

$  58,300,000 

$  64,300,000 

TOTALS 

$113,240,800 

$130,040,800 

$162,040,800 

Historical Funding

Since 1964, SSG has provided funding for scholarships and grants exceeding $5 billion, serving more than four million Michigan students to achieve their higher education goals.

All future awards are subject to approved and available funding.