NMC Board of Trustees approves balanced budget, sets tuition and fees for 2018-2019

TRAVERSE CITY — During its regular June 25 monthly meeting, the Board of Trustees for Northwestern Michigan College unanimously approved a balanced budget and set tuition rates and fees for the fall 2018 and spring/summer 2019 semesters.

General tuition rates for residents will increase by $2.25 per contact hour for in-district students, from $103.70 to $105.95.

“Northwestern Michigan College is committed to preparing our learners for success in a rapidly changing global society and economy,” said NMC President Timothy J. Nelson. “We are proud of the work we have done to limit the financial impact on learners by remaining agile and responsive. We still have more work ahead of us, but are dedicated to keeping NMC 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 12 positions through 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 2018-2019, 21 percent of NMC’s revenue will come from state aid, 22 percent from local property tax, 52 percent from tuition and fees and five percent from other sources.

Northwestern Michigan College general rate tuition categories:

Category

2017-2018 Tuition

2018-2019 Tuition

In-District

$103.70

$105.95

Out-of-District

$215.60

$220.30

Out-of-State

$281.00

$287.20

International

$317.50

$324.50

Release date: June 26, 2018

For more information:

Vicki Cook
Vice President for Finance and Administration
vcook@nmc.edu
(231) 995-1144

NON-DISCRIMINATION POLICY NOTICE

Northwestern Michigan College is committed to a policy of equal opportunity for all persons and does not unlawfully discriminate on the basis of race, color, national origin, religion, disability, genetic information, height, weight, marital status or veteran status in employment, educational programs and activities, and admissions. nmc.edu/non-discrimination

Kudos

KUDOS – (praise or respect that you get because of something you have done or achieved) defined by Merriam-Webster.com

Submit a Kudos here.

Kudos to Jim Gray, Laura Mashburn and Brenda Garvon- they helped me to get the Museum ready for the rededication and the Monster Fish exhibit before June 16th. Without their help there’s no way everything would have gotten finished on time. With the custodial department being short staffed it is great to see how we can work together to accomplish things.

Kudos to Cathy McCall for organizing the many office and storage moves in preparation for the West Hall Renovation. Thanks also to all of the people who were relocated. Everyone worked together with respect and a sense of humor making moving a lot easier.

Kudos to Jenny Barnes for helping to cover Central Scheduling while acclimating to her new job in Aviation. Jenny is wearing many hats at this time and doing it with grace and ease. Thank you.

 

Student Employees and MPSERS

A reminder to managers of student employees.  MPSERS mandates that any student taking less than 6 credits in the summer, and less than 12 credits in fall and spring be enrolled in the retirement plan.  NMC uses the official enrollment date from the academic calendar to determine credit load for student employees, and no changes are made for the rest of the semester.  A re-evaluation of their credit load is done every semester, with appropriate placement in, or out, of MPSERS occurs. Please reach out to Hollie DeWalt in HR if you have any specific questions.