Michigan Independent & Greater Impact—Higher Purpose Independent Colleges and Universities ROBERT LEFEVRE | President Institution Year Established Institution Year Established

Adrian 1859 1866

Albion College 1835 1833

Alma College 1886 Kettering 1919

Andrews University 1874 Lawrence Technological University 1932

Aquinas College 1886 1937

Baker College 1911 1905

Calvin College 1876 1959

College for Creative Studies 1906 1844

Concordia University 1963 1919

Cleary University 1883 1873

Cornerstone University 1883 University of Mercy 1877

Davenport University 1866 1922

Finlandia University 1896 MICU 1967 MICU by the Numbers

Degrees

• 22,000 degrees annually

• 1 in 5 residents with bachelor’s degree

• 18 percent of MI’s college education population MICU by the Numbers

Enrollment

• 104,000 students (2013)

• 5,700 first-generation students

• 17,000 students over the age of 23 MICU by the Numbers

MICU Students State of Michigan Total: 28.2% Total: 24.6%

16%

12%

8%

4%

0%

Asian Hispanic Unknown Am. Indian

Native Hawaiian Black/African Am Two or More Races MICU by the Numbers

Pell Students at MICU Institutions

Non-Pell 47% Pell Eligable 53% MICU by the Numbers

International 3% Out-of-State 11%

Michigan 86% MICU Economic Impact MICU Economic Impact $3.3 B Annually

$4,000

$3,500 $3,000 $552 Indirect Student Spending $2,500 $413 Indirect Non-Payroll Spending $345 Indirect Payroll Spending $2,000 Direct Student Spending $1,500 $782 Direct Non-Payroll Spending Direct Payroll Spending $1,000 $364 $500 $821 $0

MICU Economic Footprint (millions) MICU Spend by County MICU Economic Impact

Employment

• 16,698 employees

• 9,500 jobs supported by MICU spending

• 26,257 jobs total impacted by MICU presence MICU Student Support MICU Student Support

$416 Million in Institutional Aid

Historical Tuition Grant Historical Tuition Grant Awards Appropriations $2,800 $70,000,000

$2,100 $52,500,000

$1,400 $35,000,000

$700 $17,500,000

$0 $0

FY 1973FY 1978FY 1983FY 1988FY 1993FY 1998FY 2003FY 2008FY 2013 FY 1973FY 1977FY 1981FY 1985FY 1989FY 1993FY 1997FY 2001FY 2005FY 2009FY 2013 Financial Aid Trends