Funding Our Future
For more than 50 years, Mid Michigan College has provided high-quality, specialized career training and transfer programs that lead to bachelors degrees and beyond. From the courses it offers to high school CTE, dual enrolled, and early-college students, to our certificate and associate degree programs, to short-term and customized work-place training, Mid is helping to build Michigan’s talent pipeline.
Mid has a special responsibility to workforce development in our community. The counties we serve have median household incomes well below the Michigan average. Despite the high poverty rates and low household income in our service area, Mid relies on student support from tuition and fees for 72% of its operating budget, more than any other community college in Michigan.
Mid’s funding from the State has not kept pace with dramatic changes in enrollment over time.
Compared to the other 28 community colleges in the
· Is the most dependent on tuition and fees for revenue
· Collects the lowest amount of property tax per fiscal year equated students (FYES)
· Levies the 2nd lowest millage rate
· Operates with the 3rd lowest expenditures per FYES
This funding model creates significant challenges for Mid, especially in regards to moving forward with future plans for campus improvement and program expansion.
We choose to take an optimistic approach and still develop these plans, investing in future developments and growth.
FAST FACTS ABOUT
· Over 375,000 students attend Michigan’s 28 community colleges.
· Nearly 1,100 community colleges in the country serve over 5.7 million students.
· Community colleges grant two‐year associate degrees, one‐year certificates and other credentials that provide:
-Education and skills that prepare students
for a great career.
-An exceptional start to four-year degrees and
beyond through meaningful transfer degrees.
· Community college students who transfer to four‐years schools typically do as well after transfer as those schools’ native students.
· While providing a high quality education to all students, community colleges play an important role in supporting students who need academic assistance.
· Community colleges are leaders in workforce preparation and economic development, providing skilled workers for Michigan’s global economy.
· Community colleges offer an affordable alternative to studying at a university for two years.
· 2017-2018 cost of 62 credit hours of tuition only – usually equivalent to an Associate degree:
Ferris State University—$25,172
Central Michigan University—$25,854
Michigan State University—$29,884
Figures may vary and include tuition only–not fees. Data current as of AUG 2017. Contact each institution for updated figures.