'Net
Cost' of College Down
The
net tuition cost for the average Michigan public university
student decreased over a recent five-year period, according
to a study issued Tuesday by the Presidents Council, State
Universities of Michigan.
Results
show that increases in scholarships, grants and tuition tax
credits have more than outpaced rising tuition rates after
inflationary adjustments. This means that students, on average,
paid a smaller percentage of the total “sticker price” for
tuition and mandatory fees in fiscal year 2003 than they did
in 1998.
At
Northern, for example, the annual tuition rate for resident
undergraduates increased by $1,358 over the five-year span.
But the increase was offset by a combination of institutional
aid, state aid, federal aid and federal tax credits that rose
by an even greater amount – $1,411.
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NMU
'Top 10' Numbers
Perhaps it has happened
to you at the grocery store, restaurant or coffee shop: in
the course of a casual conversation, someone asks you a general
question about your employer.
It might be related
to Northern's enrollment, or how many people are on the university's
payroll, or how many academic programs NMU offers.
It can be challenging to keep up with
the ever-changing data, but here are some current, rounded
figures that might be helpful. They represent the "Top
10 Numbers to Know About NMU."
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