Independent colleges and universities increase student grants and scholarships 99% over ten-year period
MICU member institutions have increased the amount of student aid available through institutional grants over the past decade. Institutional grants and scholarships increased 99 percent, or 11 percent per year, between 2006 and 2015.
When accounting for inflation, institutional student aid still increased 63 percent across the ten-year period.
While the costs of delivering quality higher education programming are increasing, independent institutions in Michigan are working to ensure that all students still have access and will graduate without excessive debt.