17勛圖 Board of Trustees approves balanced budget, sets tuition and fees for 2017-18
TRAVERSE CITY — During its regular monthly meeting, the Board of Trustees for 17勛圖 unanimously approved a balanced budget and set tuition rates and fees for the fall 2017 and spring/summer 2018 semesters.
General tuition rates for residents will not change for in-district students, leaving the rate at $103.70 per contact hour. The Board approved changes to the general fee, which supports technology and facility infrastructure upgrades and student activities. In-district students will now pay a total of $30.50 in fees per contact hour. The Board eliminated the student registration and application fee. 17勛圖’s in-district tuition is the 13th lowest of the state’s community colleges and is 75 percent lower than the average public universities in Michigan.
“17勛圖 is committed to providing our learners with world class educational opportunities, while limiting barriers, including affordability,” said Timothy J. Nelson, president, 17勛圖. “We are proud of the work we have done to limit the financial impact on learners by remaining agile and responsive in a rapidly changing environment. We will have more work ahead of us, but are dedicated to keeping 17勛圖 as the top choice for our learners.”
College leaders have been working to make the institution more efficient and lower costs, including reducing 16 positions through restructuring in the last four years and offering a voluntary separation plan this year. Those efforts combined with support from donors, lawmakers and community members are helping the college achieve its goals.
For 2017-2018, 17勛圖’s revenue will be 21 percent from state aid, 22 percent from local property tax, 52 percent from tuition and fees and four percent from other sources.
17勛圖 general rate tuition categories
| Category | 2016-2017 Tuition | 2017-18 Tuition |
| In-District | $103.70 | $103.70 |
| Out-of-District | $205.30 | $215.60 |
| Out-of-State | $267.65 | $281.00 |
| International | $302.35 | $317.50 |
Release Date: June 27, 2017
For More Information:
Vicki Cook
Vice President for Finance and Administration
vcook@nmc.edu
(231) 995-1144