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Higher-education budget peaks at $2.324 billion; Michigan Achievement Scholarship is largest single program

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Summary

Senior fiscal analyst Perry Zilak told the House Appropriations Subcommittee that the FY25 higher-education gross appropriation is roughly $2.324 billion, with the Michigan Achievement Scholarship receiving $330 million and higher education representing 13% of the state's general fund expenditures

The House Appropriations Subcommittee on Higher Education and Community Colleges received an overview of the state’s higher‑education budget, with House Fiscal Agency senior analyst Perry Zilak saying the gross appropriation for fiscal year 2024–25 is about $2.324 billion.

Zilak told the panel that about $1.859 billion of that amount is state general fund/general purpose and roughly $461.7 million is state restricted revenue (primarily school aid fund usage); federal funding in the higher‑education budget is relatively small (about $3.2 million in the current appropriation). He said higher education accounts for roughly 3% of the overall state budget but about 13% of the state general fund spending.

Why it matters: Zilak said the budget’s largest single program is the Michigan Achievement Scholarship, which the legislature funded at $330 million for FY25. He described the scholarship’s main tracks: up to $5,500 for students entering a public…

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