Michigan Senate OKs New Scholarships, Boosts College Funding

money-safe-262-43
money-safe-262-43

From the Associated Press — The Michigan Senate has overwhelmingly approved a spending bill that would fund new college scholarship program for high school graduates and increase operations funding for state universities by 11% overall. The legislation, one of 14 budget bills that cleared the chamber Tuesday, was
passed 31-4 and will be further negotiated in talks with Governor Gretchen Whitmer and the House. It would be the largest higher education increase and budget in decades, at a time the state has surplus tax revenue. Senators propose awarding “achievement” scholarships. Students attending in-state four-year colleges could
get up to $6,000 a year, while those at in-state two-year colleges could qualify for up to $3,000 annually.