MSU Board approves university budget, greenlights construction on new student recreation and wellness center

Historic investment in financial aid offsets previously planned tuition increase for students most in need

By: Dan Olsen

Concluding its retreat on Michigan State University’s Grand Rapids, Michigan campus, the MSU Board of Trustees today approved the university’s fiscal year 2023-24 budget presented by the administration, which invests the largest sum of financial aid in university history.

The approved budget totals $3.3 billion.

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