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Learn about the University of Michigan, including Featured News, Featured Projects, and the Team.

Learn about the University of Michigan, including Featured News, Featured Projects, and the Team.

Enrollment Fall 2024
67,488
General Revenue Debt Outstanding as of 6/30/24
$4.9 Billion
FY 2025 Enterprise Total Operating Revenue Base Budget
$14.9 Billion

The University of Michigan is a comprehensive public institution of higher learning with over 65,000 students and 50,000+ employees on three campuses (Ann Arbor, Dearborn, and Flint). U-M’s ongoing success is evidenced by our recurrent recognition in U.S. News & World Report as one of the top values in higher education nationally and as one of the top three public universities for undergraduates. U-M also has a nationally renowned health system which includes a wide array of hospitals, joint ventures, health centers, and outpatient clinics that provide world-class medical services statewide.

U-M was originally chartered in 1817. The main campus is located in Ann Arbor, 43 miles west of Detroit, and major campuses are also maintained in the cities of Dearborn and Flint, Michigan. Undergraduate programs in nearly 500 fields of study are offered by these three campuses. U-M is governed by the Regents of the University of Michigan, consisting of eight members elected at large in the biennial state-wide elections and the President of U-M, who serves as an ex officio member.

In FY 2023, President Santa J. Ono joined U-M and a number of significant initiatives began, including Vision 2034, a collective strategic visioning process to imagine our shared future for the next 10 years, which engaged U-M students, employees, alumni and partners. Campus Plan 2050 was also launched and provides an extraordinary opportunity for the U-M community to help craft a blueprint for the university’s Ann Arbor campus, with a special focus on creating the living, learning and working environments that support our strategic vision. There has also been significant progress on our sustainability efforts, including installing renewable energy infrastructure, constructing green buildings and prioritizing clean transportation. Campus improvement projects financed by our “green bonds” are addressing climate transition risks by mitigating greenhouse gas emissions from buildings and the transportation sector.

Because of its financial strength, U-M remains well positioned for the future. As of June 30, 2024, U-M is one of only seven public universities in the country to earn the highest possible credit ratings from S&P Global (AAA) and Moody’s (Aaa). We’ve maintained these outstanding ratings for years, which is a clear indication of our long-term financial strength and stability.

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