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Funding and Annual Reports

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

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 2025-26 (September 1 through August 31) was approved with P.A. 15 of 2025. The programs are as follows:

Program

FY24

FY25

FY26

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

$1,800,000

$2,000,000

$2,000,000

Dual Enrollment Program

$3,500,000

$3,500,000

$3,500,000

Futures for Frontliners/Path II

FY 23 carry forward

FY 24 carry forward

FY 25 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

$50,000,000

Michigan Achievement Scholarship/Skills Scholarship

$300,000,000

$330,000,000

$380,000,000

Michigan Competitive Scholarship

$20,261,700

$19,930,900

FY 25 work project*

Michigan Tuition Grant

$39,221,500

$41,552,700

FY 25 work project*

Michigan Reconnect Scholarship

FY 23 carry forward + $45,000,000 + $70,000,000

FY 24 carry forward + $52,000,000

FY 25 carry forward + $42,000,000

Tuition Incentive Program

$96,800,000

$93,800,000

$122,300,000

*Michigan Competitive Scholarship and Michigan Tuition Grant received a $50 million one-time work project appropriation to support both programs through September 30, 2029.

Historical Funding

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.