Student financial 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 2026-27 (September 1 through August 31) was approved with P.A. 25 of 2026. The programs are as follows:
|
Program |
FY25 |
FY26 |
FY27 |
|
Children of Veterans Tuition Grant and Police Officer’s and Fire Fighter’s Survivor Tuition Grant |
$2,000,000 |
$2,000,000 |
$2,000,000 |
|
Dual Enrollment Program |
$3,500,000 |
$3,500,000 |
$4,000,000 |
|
Futures for Frontliners |
FY 24 carry forward |
FY 25 carry forward |
FY 26 carry forward |
|
Fostering Futures Scholarship |
$750,000 |
$750,000 |
$750,000 |
|
MI GEAR UP Scholarship |
$3,200,000 |
$3,200,000 |
$3,200,000 |
|
MI Future Educator Fellowship |
$25,000,000 |
$25,000,000 |
$25,000,000 |
|
MI Future Educator Stipend |
$50,000,000 |
$50,000,000 |
$57,000,000 |
|
Michigan Achievement Scholarship/Skills Scholarship |
$330,000,000 |
$380,000,000 |
$532,000,000 |
|
Michigan Competitive Scholarship |
$19,930,900 |
FY 25 work project* |
FY 25 work project* |
|
Michigan Tuition Grant |
$41,552,700 |
FY 25 work project* |
FY 25 work project* |
|
Michigan Reconnect Scholarship |
FY 24 carry forward + $52,000,000 |
FY 25 carry forward + $42,000,000 |
$67,000,000 |
|
Tuition Incentive Program |
$93,800,000 |
$122,300,000 |
$165,800,000 |
*Michigan Competitive Scholarship and Michigan Tuition Grant received a $50 million one-time work project appropriation to support both programs through September 30, 2029.
Since 1964, the Office of Higher Education 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.
