Eastern Michigan University has approved a plan to increase the amount of financial aid awarded to students in the upcoming school year.
The new financial aid package, which was approved by the EMU Board of Regents on Oct. 1, will represent an 11.8 percent increase from this year’s financial aid budget, rising from $39.2 million to $43.8 million.
According to a press release, the increase in financial aid was established as part of the university’s ongoing effort to help Michigan students afford to attend college.
“Our continued increases in financial aid at Eastern keep college affordable for our students and families, who work so hard to pay for their education,” EMU President Susan Martin said in the release. “As we build the incoming class of 2014, our focus is on attracting, retaining and graduating excellent and involved students.”
