Appropriations: higher education; appropriations for fiscal year 2024-2025; provide for. Amends secs. 236 & 241 of 1979 PA 94 (MCL 388.1836 & 388.1841).

This bill appropriates approximately $2.29 billion in state and federal funds for Michigan's higher education system for the 2024-2025 fiscal year. The money is distributed directly to public universities, including the University of Michigan system, Michigan State University, and Western Michigan University, to cover operational costs, per-student funding, and specific programs like agricultural research and student support services. Additionally, the legislation allocates nearly $447 million for financial aid, scholarships, and tuition grants to help students afford college. These funds are sourced primarily from the state general fund and federal revenues, with specific amounts designated for various student assistance programs and university operations.