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Document presents the budgets for the University General Fund, Michigan Agricultural Experiment Station, MSU Extension Service, and Intercollegiate Athletics for the fiscal year 2008-09.
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How to fill out MICHIGAN STATE UNIVERSITY BUDGETS

01
Gather all necessary financial documents, including income sources and expenses.
02
Access the Michigan State University budgeting system online.
03
Start by filling out basic information such as your name, department, and budget period.
04
Input your income projections in the designated section, detailing each source of income.
05
List all expected expenses, categorizing them into appropriate sections like operational costs, personnel, and materials.
06
Review all entries for accuracy and completeness.
07
Save your progress periodically to avoid data loss.
08
Once all sections are filled, review the budget as a whole for any inconsistencies or errors.
09
Submit the completed budget for review by supervisors or financial advisors.

Who needs MICHIGAN STATE UNIVERSITY BUDGETS?

01
Students planning events or activities funded by university resources.
02
Faculty members preparing departmental budgets.
03
University administrative staff involved in financial planning.
04
Organizations or clubs seeking funding from the university.
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People Also Ask about

MSU's total research expenditures were $932 million for FY2024, an increase of $87.8 million over the 2023 total of $844 million. Research expenditures from federal sources totaled $474 million, an increase of $39 million or 9%.
While MSU's current operating budget is about $3.6 billion, its general fund is $1.7 billion, the university's functional budget report shows.
MSU trustees approve university operating budget, tuition rates for fiscal year 2025-26. During its June public meeting, the Michigan State University Board of Trustees approved the university's $3.69 billion fiscal year 2025-26 operating budget, which includes tuition and fee rates for the upcoming academic year.
Myth: “As a public university, the General Fund's main source of funding is the State of Michigan.” Fact: While the State of Michigan's contribution to the U-M budget is essential, it is approximately 13% of the $2.8 billion General Fund.
MSU athletics also reported an annual operating deficit of $16.7 million for fiscal 2024. But even at the small number of schools that provide little or no institutional support for athletics, disharmony can increase across campus if athletic departments are insulated from university budget cuts.
Revenues totaled $3.1 billion while expenses totaled $3.0 billion. MSU's net position was $5.3 billion.
The net price is the average cost of the university after aid and scholarship funds are discounted from the total cost, which come in on average at $22,946 for in-state students and $56,146 for out-of-state students receiving need-based aid.
Financial Aid Statistics for Michigan State University The average need-based scholarship or grant awarded to first-year students at Michigan State University was $12,288. Additionally, 47% of first-year students received need-based financial aid in fall 2022.

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The Michigan State University budgets refer to the financial plans that outline the expected revenues and expenditures of the university for a specific fiscal period, ensuring efficient resource allocation and funding for various programs and services.
Departments, units, or any entities within Michigan State University that manage funds are required to file budgets, including faculty-led projects, administrative offices, and student organizations that receive university funds.
To fill out the Michigan State University budgets, individuals need to access the budgeting tool or forms provided by the university, gather relevant financial data, estimate projected revenues and expenses, and follow the templates and guidelines specific to their department or project.
The purpose of Michigan State University budgets is to ensure effective financial planning, monitor funding status, allocate resources efficiently, and align expenditures with the university's goals and strategic objectives.
The information that must be reported includes projected revenues, anticipated expenses, funding sources, program descriptions, and any necessary justifications for budget requests as per university guidelines.
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