Snyder plans university funding above when he took office
Gov. Rick Snyder is proposing that Michigan's 15 public universities get 4.3 percent more in state operations funding in the next fiscal year.
The higher education budget Snyder will unveil Wednesday includes nearly $1.6 billion, according to his office. If approved by lawmakers, it would bring the overall university budget above the level it was when Snyder took office in 2011, when he and lawmakers cut funding by 15 percent to address a deficit.
To get all their state funding, universities would have to limit tuition increases to 4.8 percent or less.
Funding increases would range from a high of 6.8 percent for Grand Valley State to a low of 3.5 percent for Wayne State.
You can watch Snyder's budget announcement LIVE this morning at 11 by going here: http://nbc25news.com/live/event