Eastern Michigan University proposes a $2.3M increase in scholarship money next year
The Eastern Michigan University Board of Regents will vote today on whether to increase university-funded scholarships by $2.3 million next year.
The school is proposing $36 million in scholarships funded by its general fund, up from $33.7 million awarded this year.
The proposal would increase academic scholarships by about $2 million and athletic scholarships by $290,000.
University spokesman Geoff Larcom said if the additional funding is approved, it will mark a 68 percent increase in scholarship funding from fiscal 2009 to fiscal 2013.
The regents also discussed EMU's reliance on tuition dollars and its $4.6 million budget shortfall. They approved a $30 million capital outlay request as well.
Kellie Woodhouse covers higher education for AnnArbor.com. Reach her at kelliewoodhouse@annarbor.com or 734-623-4602 and follow her on twitter.