Twitter

Resources

MTG students graduate sooner

MTG students graduation time

Students awarded the Michigan Tuition Grant graduate faster than other students in Michigan, completing a bachelor's degree in an average of four years instead of the state average of five.
Welcome to 2018! 

Grant funding is a catalyst to help students complete their degrees on time, joining the labor market sooner and with less loan debt. The need-based Michigan Tuition Grant (MTG) does just this, helping students in need to graduate sooner.

2017 Federal Tax Update

The attached document is an overview of the Federal Tax Cuts and Jobs Act of 2017. As of December 19, 2017 this piece of legislation has yet to be scored and thus cannot be fully passed. We will update the page once more information is available.

2016-2017 MTG recipients and graduates

It's been an exciting year at Michigan's independent colleges and univerities! During the 2016-2017 academic year, 14,789 students received the need-based Michigan Tuition Grant (MTG) with more than a quarter (27%) of these students earning a Bachelor's degree.

Capital investment using PABs creates 6,850 jobs

PAB investment

Independent, non-profit colleges & universities in Michigan have made $378 million in capital investments using private activity bonds in their communities, creating 6,850 jobs over the past decade. In the coming five years, they are projected to invest an additional $125 million creating another 2,260 jobs.

Federal Tax Update November 24, 2017

Federal Tax Update: November 24, 2017

The U.S. House of Representatives has passed its version of tax reform and it includes a number of provisions that are harmful to the higher education sector.  These provisions include the elimination of a number of tax deductions:

Students from independent, non-profit colleges have low loan default rates

Students from Michigan's independent, non-profit colleges & universities have a lower loan default rate than the state average, national average, and national independent sector average.

In Michigan, students at independent, non-profit colleges and universities not only borrow less in student loans but also have a substantially lower default rate than students from other institutions in Michigan after graduation.

Student loan debt on the decline

Student loan debt is a concern for students, families, institutions, and the government. Luckily, Michigan's independent, non-profit colleges and universities have been working hard to ensure that their students have a low debt burden and strong re-payment capabilities.

Since the 2009-2010 academic year, undergraduate students at Michigan's independent, non-profit colleges & universities have taken less and less money each year to supplement their educational expenses. 

Earning a Bachelor's Degree Means More Job Security

Unemployment by educational attainment

Individuals with a Bachelor's Degree or higher are more likely to be employed than those with lower levels of educational attainment.

Data from the Bureau of Labor statistics shows that the 2016 unemployment rate for those with a Bachelor's Degree or higher was only 2.5 percent. Meanwhile, the unemployment rate for those without a Bachelor's degree was substantially higher in the same year.

Greater college access for women

Women awarded MTG

Independent colleges in Michigan are providing access to higher education for female students in need.

During the 2016-2017 academic year, nearly 60 percent of the need-based Michigan Tuition Grant awards were received by female students at Michigan's Independent colleges and universities.

This data matches the overall student body and those graduating from independent colleges & universities in Michigan. During 2016, 60 percent of bachelor's degrees awarded by independent colleges & universities in Michigan went to women. 

Pages

Subscribe to Resources