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 2019-20 (September 1 through August 31) was approved with P.A. 62 of 2019. The programs are as follows:
Program |
FY18 |
FY19 |
FY20 |
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 |
$26,361,700 |
$32,361,700 |
$32,361,700 |
Michigan Tuition Grant |
$38,021,500 |
$38,021,500 |
$0 |
Tuition Incentive Program |
$58,300,000 |
$64,300,000 |
$64,300,000 |
TOTALS |
$130,040,800 |
$142,040,800 |
$104,019,300 |
All future awards are subject to approved and available funding.