© 2024 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

MSU Pres. Stanley Outlines Budget Impact Of Enrollment, More

portrait: Samuel L. Stanley Jr.
Courtesy
/
Michigan State University
Samuel L. Stanley Jr., M.D.

Enrollment up after a down year; state funding up 1%

After pandemic-related setbacks, Michigan State University President Samuel Stanley Jr. has updated the status of the school’s budget.

In an email to the university community, President Stanley outlined the impact of three economic factors: enrollment is up after a down year, including some improvements in international student enrollment; state funding, which is up 1% on top of federal stimulus funds; and the performance of endowment earnings has been strong.

Stanley says continuing budget challenges are being discussed with eight non-academic staff unions, and campus units continue to operate under the second year of incremental 3% percent reductions.

Support staff will continue getting a 10% retirement contribution from MSU. Faculty, academic staff and executive management personnel whose university match had been cut to 5% will return to a 10% match at the beginning of 2022.

Scott Pohl is a general assignment news reporter and produces news features and interviews. He is also an alternate local host on NPR's "Morning Edition."
Journalism at this station is made possible by donors who value local reporting. Donate today to keep stories like this one coming. It is thanks to your generosity that we can keep this content free and accessible for everyone. Thanks!