Michigan and Virginia may offer good FA for the few middle and lower income students who are admitted, but their admit classes that are highly skewed toward wealth. It is not as hard for a college to offer good FA if few of the students are financially needy.
Pell grant percentages for new frosh:
43% UCI
38% UCSB
38% UCD
33% UCSD
30% UCLA
26% UCB
20% UNC CH
13% Michigan
12% Virginia
Even compared to some private universities that have a reputation of being places of student family wealth, Michigan and Virginia do not seem particularly friendly to middle and low income students.
Pell grant percentages for new frosh:
24% Amherst
21% Pomona
18% USC
18% Columbia
18% Princeton
17% MIT
17% Williams
15% Harvard
15% Stanford
15% Swarthmore
14% Yale