Despite the many challenges brought on by the COVID-19 pandemic, the University of Michigan’s “financial position remains strong,” according to the school’s annual report.

University of Michigan President Mark Schlissel announced he will end his tenure as university president in June 2023, which is one year earlier than previously planned.

The University of Michigan Board of Regents approved the expansion of the Go Blue Guarantee promise to U-M Flint, Dearborn campuses.