NMC Board of Trustees approves balanced budget with no tuition increase for 2020-21
TRAVERSE CITY — During its regular monthly meeting, the Board of Trustees for Northwestern Michigan College voted 7-0 to approve a balanced budget with no tuition increase for the fall 2020 and spring/summer 2021 semesters.
“I am proud that our college is one of the very few in Michigan that has committed to not raising tuition for our students for the new academic year, while delivering a balanced budget,” said board chair Chris Bott. “The community can continue to have great confidence in our college to meet the needs of our learners while remaining fiscally responsible, especially in this challenging and uncertain time.”
“The most important thing we want our students to know is that we remain dedicated to to their success. That means making sure our college continues to be affordable and safe,” said Dr. Nick Nissley, president of Northwestern Michigan College. “Our faculty and staff have done a tremendous amount of work to get us to this point, and we know we will have more to do, but we will reach our goals, together.”
For 2020-21 NMC’s revenue will be 20 percent from state aid, 27 percent from local property tax, 48 percent from tuition and fees and five percent from other sources.
|
Category |
2020-21 Tuition |
|---|---|
|
In-District |
$109 |
|
Out-of-District |
$227 |
|
Out-of-State |
$296 |
|
International |
$334 |
NMC has the 8th lowest in-district tuition of the state’s 28 community colleges.
Release date: June 30, 2020
For more information:
Diana Fairbanks
Executive Director of Public Relations, Marketing and Communications
(231) 995-1019
dfairbanks@nmc.edu