
For the week of November 29, 2004
From the 6th floor
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Study shows 'net cost' of college has decreased
The net tuition cost for
the average Michigan public university student decreased over a recent five-year
period, according to a study issued recently 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 Michigan University, 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.
This study confirms that its important to look at both numbers,
said NMU President Les Wong. Some might assume college is out of reach
because they only see reports of tuition going up. They may not realize that
financial aid is compensating for that by growing at a similar or even more
accelerated rate. Higher education is a significant investment, and Northern
is committed to ensuring that it remains accessible to those with the greatest
need. We have put more university resources into financial aid and scholarship
programs every year, even when we were cutting other budgets across campus.
NMU awarded an average of $556 in institutional aid per fiscal-year equated
student in 1998-99. Five years later, the figure climbed to $889, which represents
a 60 percent increase.
The Presidents Council report was patterned after a study done for USA Today
and compiled by Hank Prince, a former Michigan House Fiscal Agency associate
director.
Prince found that the net cost of a college education was 45 percent of the
sticker price last year. In 1998, the net cost was 60 percent of
the sticker price.
This study shows financial aid from all sources is a significant factor
in reducing the cost and increasing the affordability of a college education
in Michigan, said Mike Boulus, executive director of the Presidents Council.
Institutional aid is a significant but overlooked component of the total
cost of higher education. Political involvement, in the form of tuition caps,
makes it harder for universities to provide university resources to students,
which may result in higher net tuition costs for many students.
The Presidents Council is a nonprofit higher education association based in
Lansing. It serves Michigans 15 public universities. For more information
on the study, visit www.pcsum.org and follow
links to the report.
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Legislative update from the president
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Like
deer hunting, the legislative budget process season is under way. Unlike
deer hunting, legislative budget work is a long, long season. Already there are several different projections about the states deficits for the current fiscal year. Will NMU face more budget cuts this academic year? Honestly, we dont know, but after all of the cuts of the past two years, we hope not. Funding for higher education will be a hot topic again as the state leaders work on the fiscal year 2006 budget. Recent media reports around the state have discussed higher education funding. One such piece was an editorial in the Detroit News that stated that a new funding model needs to be developed. That article cited Northern as an example of a university that receives higher per student appropriation funding than some other schools. What the article didnt point out is that NMUs per student appropriations has drastically dropped over the past five years, in part due to our impressive recruiting success. We dont disagree with the articles primary premise that the legislature should explore a new way to fund higher education, but we strongly disagree with the formula funding method that was hinted at as being the answer. Formula funding will do serious damage to a lot of Michigans universities if implemented. It is not the answer. We hope in the future that the Detroit News uses Northern as an example of a school that is a real success story for strategic growth in reputation and enrollment. In the past, Northern being a regional comprehensive university meant serving only the Upper Peninsula. Today, NMU truly is a regional university and our region is the entire Midwest! |
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Your chance to meet NMU President Les Wong in Minneapolis
Dr. Les Wong and his wife,
Phyllis, will be in attendance when the hockey Wildcats take on Harvard, Wednesday,
December 22 at the Dodge Holiday Classic in Minneapolis, MN.
A special Wildcat Reception is planned for all Wildcat fans and friends immediately
following the game.
The Wildcats take on Harvard at 5:00 p.m. at Mariucci Arena.
Game tickets are now on sale exclusively through Gopher
Sports.
You do not need to attend the game to attend the reception.
The reception is being held at Ritter Arena, right next door to Mariucci and
is free of charge.
NMU head hockey coach Walt
Kyle and his staff will also be there.
Wildcat Hospitality Reception
Wednesday, December 22
Approx. 7:30 p.m.
Ritter Arena
Minneapolis, MN
Know someone in the Minneapolis area that might want to know about the Wildcat Reception? Please pass this message along.
I know it seems early....but it's NOT. Plan your party now.
Wildcat Night Across the
Country is scheduled for Friday, January 28th. This may be your only chance
to see the Wildcats play hockey on television this season.
They take on Michigan at Yost Arena in Ann Arbor and the game will be broadcast
on Fox Sports.
In case you're not familiar
with how this works....you find a place to watch the game, we invite Wildcats
in your area. Everyone has fun!
Last year parties were held in Chicago, Appleton, Battle Creek, Escanaba, St.
Louis, Traverse City and many other locations.
It's so easy to do! You
just need to find a place to watch the game with Wildcats and we do the rest.
Everyone always wants an alumni event in their area---this is the perfect way
to host one!
Drop us a note and we'll tell you how
to get started.
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Special NMU Bookstore discount ends Friday
The NMU Bookstore is offering
an exclusive special to readers of "What's New, NMU?" but only until
this Friday, December 3rd.
Readers will receive 20% off any order placed at The Bookstore.
The Bookstore has something for everyone on your Christmas list: children's,
youth and adult sizes; gifts, souvenirs and much more.
Visit The NMU Bookstore right now.
To receive your discount, ALUMNI04 must be entered in the special shipping instructions
area on the Shipping Information page when ordering.
This discount applies only to in-stock items available for shipment. This discount
will not be reflected on your order form but WILL BE APPLIED and included on
the receipt when you receive shipment.
For questions or to request a catalog, call 1-888-458-8668, Monday-Friday 8:00-5:00
or email bookstor@nmu.edu.
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Help us clean up the Email Registry on the Alumni Association web page
The NMU Alumni Association
web page offers alumni a great way to stay in touch through use of the Email
Registry.
All alumni are welcome to sign up and list their email address so friends can
get in touch with them.
If you are not already registered, please
do so now.
If you are already registered or are not sure if you are, please
visit the Registry and check.
We would like to try and clean up the Registry and get rid of some duplicate
listings.
Is your email address accurate?
Are there multiple addresses we can eliminate?
Are there misspellings or inaccurate information?
Help us clean up the Registry by sending us
any change/corrections.
This would also be a great
time to sign up for your FREE lifetime Alumni email account.
Yourname@alumni.nmu.edu is a free service provided by the NMU Alumni Association.
It's simple to do and you'll have the same email address forever.
And everyone will know you're a Wildcat.
Click here for more information.
Thanks!
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From the Email bag
"Deanna, I think
I will jump out of my seat when you send photos of the first snowfall. I haven't
seen snow for three years, as I have been living in the tropics of Australia.
Although I love the great barrier reef here and the warm weather all-year-round,
I miss the snow and the beauty of the autumn leaves in the U.P. Thanks for making
me feel connected to it all."
Star Darpel '01
Cairns, Queensland, Australia
starmaried@hotmail.com
"Deanna: Today (feeling
cold here in Phoenix in our chilly 60 degree weather) when I received your "What's
New?" newsletter along with the picture of Marquette made me recall the
incredible return back to Northern in 1966 for many of us from the LP from our
Thanksgiving vacation. It snowed so much the roads were impassible in the UP
and the car I was riding in could only make it as far as Skandia. The townspeople
of Skandia were wonderful hosts and I remember passing the night in comfort
in the church with 50 or so other stranded students until the plows could clear
the roads the next day."
Gary Huntoon '72
Phoenix, AZ
cghuntoon@yahoo.com
"Good morning, Deanna.
It's another blue sky day here in Reno, Nevada. This morning I see out your
6th floor window that you may have a snowless Thanksgiving weekend. Thanks for
the peek. Some may remember when Thanksgiving weekend could mean a life
and death struggle through blizzard conditions and snow drifts to return to
NMU from Detroit suburbia. Ahhh, the good old days! Thank you. I'll look forward
to my next look out your window."
Dennis Bradley '71
Reno, NV
bradley@optimumenterprises.net
"Good day. I am
a 1968 graduate of Northern. Immediately upon graduation I was drafted into
the Army. Ultimately, I found myself in Vietnam. I am interested in communicating
with any other NMU grads that are also VN vets. Thanks."
Hank Feingold '68
Fort Lauderdale, FL
tfgi@bellsouth.net
As always, feedback/suggestions/questions can be directed to yours truly.

"What's New, NMU?" is a service of the NMU Alumni Association. Consider joining today!
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