The Michigan Daily - Wednesday, September 3, 1997 -7A uition hike lowest in eight years TUITION INCREASES Bollinger changes 'U' budget to keep tuition increase low Heather Kamins d Katie Plona ily Staff Reporters When University President Lee 1> , r pledged in May to propose a t increase that would be signifi- ntly lower than in past years, many ople were skeptical. But following a $315-million state propriation granted to the University, : Board of Regents were able to prove a 2.9-percent tuition hike, the est increase in eight years. "What enables such a low increase is a willingness to live with less, to nt' ue the process of tightening in areas and a generous level of propriations from the state," )llinger said. Tuition for the 1997-98 school year an in-state, LSA first-year student 11 be $2,847. As compared to the cur- rent price of $2,766, the difference amounts to only $81. In the past seven years, tuition increases have ranged from 4.9 percent "This budget feels good because it's in the right direction," Deitch said. "This is really a very important budget and will be looked at as a watershed, historically." Machen said the University's educa- tional and research quali- want to ty will not be to 13.5 percent. Last faced a 5-percent tuition increase. Former Provost J. Bernard Machen said the amicable tuition increase can be attrib- uted to the state's appropriation and a conservative budget- ing attitude within the University's depart- ments and schools. Bollinger attempted year, students We keep tai low asv -ReE to shift and compromised ition as by the relative- ly slim we can." increase. The gent Philip Power 2.9-percent increase is suf- (D-Ann Arbor) ficient to fund the University in accordance with its high standards, Machen said. "We're doing a better job of valuing (cost efficiency) and we're really sensi- tive to students' needs," Machen said. Power said he attributes the modest hike to the slimming of costs in the cen- tral administration. "It is a great pleasure to see this bud- get coming forward with the significant shift," Power said. "We want to keep tuition as low as we can. Michigan Student Assembly President Michael Nagrant said the 1997 tuition increase represents Bollinger's goals to make higher educa- tion affordable to students. "I think it definitely shows the presi- dent's interest with students' needs," Nagrant said. "It will put us in there to get the tuition tax credit." The Michigan tuition tax credit - which was previously unavailable to University students because of tuition increases above the rate of inflation - will now be applicable to University students who are in-state residents. In-state students should be able to receive $250 in state funding by filling out the necessary information on their annual tax forms, Nagrant said. Regent Olivia Maynard (D-Flint) said the low tuition increase will be appreciated and respected by University officials, as well as by students and their families. 9% 6% ~9 6.i E]" Out-of-state In-state 4,9 I 3% 'r>< :; reduce administrative costs within the University. "I think it's a pleasant, significant shift," said Regent Philip Power (R-Ann Arbor). Regent Laurence Deitch (D- Bloomfield Hills) said the restructuring of administrative costs is commendable. 3 2.9 2.9 -95 0 95-96 96-97 97-98 rsiry erc an s has successfully captured the essence of Ann Arbor with its exciting retail shops and unique restaurants. Located in the heart of campus, the businesses on South University cater to every need of the students at The University of Michigan. From choosing gifts for friends and family to buying groceries and nightly entertainment the South University Merchant jo.Muffins and ML w 1 ,*1 VOTED #1 BAG IN A2#t POLL. ERSITY 1306 S. university 663-3345 I- U) W ix L6. #h5 a z I- z (0 W Association serves students of all ages. shops and restaurants South University is also home Besides for to the original juried art fair in July. The businesses - BuyTwo , Dagels or; Fragels G eti of South University convey a college town atmos- phere which has provided for the students of Ann Arbor for years. .-s- Bicicean fbgeand I 1 f >I 1 Come In I 1 and Get Frgel*I is I f f 4 y 'ENTRAL CAMPUS' FULL SERVICE 1 of// GROCERY Full line of Groceries Fresh Produce Fresh Meat Bottled Waters & Pop Wine; Spirits; Beer; Cigars Serving Ann Arbor Since 1970 VILLAGE CORNER Corner of S. University & S. Forest phone: 995-1818 *,1119 S. 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