The University of Michigan has become the latest institution to offer free tuition for some of its students. It offers four years of free education for certain in-state students whose family income is under $65,000. There are other criteria for this offer.
The University’s Offer
The University of Michigan has become the latest institution to begin offering some of its students free tuition. The school has announced on Thursday that it will be offering free four-year college education to certain in-state students who have a household income of under $65,000. The students also have to fit other criteria in order to be eligible for the offer. The program is called “Go Blue Guarantee.”
The president of the University, Mark Schlissel, announced: “Today, our long-standing commitment to ensuring that qualified students from Michigan can afford a U-M education becomes a guarantee.”
Other Universities’ Free-Tuition Initiatives
Michigan comes after New York State’s initiative to offer to ease tuition fees for some of its students in the region.
Its Excelsior Scholarship offers in-state students who have a household income of less than $125,000, free education for all public four-year and two-year colleges in New York.
The scholarship will phase in starting 2017. During that academic year, the offer will be eligible to those with household incomes of $100,000, and will go up to $110,000 in 2018.
Oregon and Tennessee are also starting on programs that will offer free tuition for 2-year community colleges.
Is it Completely Free? No
It is important to note that “free tuition,” only covers education costs, not necessarily other expenses. For example, New York’s Excelsior Scholarship doesn’t cover room expenses- as well as other things. The bad news about this is that, this is still not cheap enough for many parents in the state.
Although there was an all-time record number of parents that are saving up for their children’s college tuition last year, the median of the amount saved doesn’t even cover one year of the expenses of in-state, four-year, public colleges.
Students are also have other requirements in order to be eligible for the scholarships. Students have to agree to reside and work in New York “for the same number of years after graduation” as the scholarship they received.
Also, to put this in perspective, according to data obtained from the College Board, the average in-state tuition fee of New York’s colleges is $7,710, as of the last academic year. This ranks it as the 12th cheapest state in the country.