Financial and Operational Indicators
2014-15 General Fund Budget (PDF)*
The faculty, staff, and students are MSU’s number one asset. Whether through job-creating innovations or world-class education, MSU’s impact starts and ends with its people. As a result, personnel and related costs account for more than 70 percent of MSU’s operations. The chart illustrates the distribution of personnel expenses across the institution.
As one of the nation’s leading comprehensive research universities, MSU has annual operations that span numerous functional boundaries. The chart illustrates MSU’s various operational functions, their respective expenditures, and the proportion of total expenses for each.
MSU works with its collective bargaining groups to assure that the appropriate balance of salary and benefits is provided to each group. This approach allows MSU to recognize the important contributions of each employee to the university, while remaining competitive in local, regional, and national markets. A link to the current bargaining contract for each group is provided.
As a component of an integrated approach to compensation, MSU offers health care benefits to most employees. Over the last few years, MSU has reduced health care costs by $28 million and eliminated postretirement health care benefits for new employees, significantly reducing the long-term liability related to the program. A link to current benefits plans offered by the institution is provided.
As part of MSU’s commitment to report annually on its fiscal affairs, audited financial statements as adopted by the Board of Trustees are available for the most recent 10 years.
MSU is dedicated to maintaining an environment where members of the campus community can excel unencumbered by fears for their personal well-being. The Annual Security and Fire Safety Report reviews the university’s security and safety resources, policies, and procedures. The report also includes information about criminal offenses and fire statistics. The university’s intent in publishing the report is to provide insight into the many ways in which MSU strives to keep the campus and community safe.
List of All Positions Funded (PDF)*
This listing contains salaries/wages for faculty, academic staff, and regular nonacademic staff in effect October 1, 2013. Graduate assistants, student employees, and temporary/on‐call nonacademic staff are not included in the listing. The "% of Salary paid by the General Fund" and the "Salary paid by General Fund" are point in time views and may vary over the course of the fiscal year. Some employees listed may not receive any direct general fund salary in a given year or in most years and others may receive compensation (usually from non-general fund sources) on a quarterly, annual, or other irregular basis beyond what is indicated.
Michigan State University has Reverse Transfer Agreements with several community colleges in Michigan. Reverse transfer is the process by which transfer students enrolled at a four-year institution transfer credits back to a community college for the purpose of attaining a degree, diploma or certification from the community college.
High school students who dually enroll for courses at accredited institutions of higher education may receive credit for work taken at these institutions for courses that have been recognized for transfer to Michigan State University in accordance with the University's transfer credit policy.
Dual enrollment programs at Michigan State University included 47 students from 15 school districts in 2013-14. Details on the dual enrollment program are provided in accordance with required state reporting. At present, Michigan State University does not offer any of the other programs details in Section 245(6).
MSU is in the list of currently participating institutions in Michigan. Participating institutions are those that have indicated what credit is accepted at their institution.
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