Liberal arts colleges that have massive endowments

@ucbalumnus Those are fine statistics but at the same time as University of California has effected banned all financial aid for OOS students, University of Michigan has earmarked over $40 million for it. It has even established and endowed a major scholarship–the Provosts Award–for high need OOS students.

Both Michigan and UVA are need blind, so it is more a case of self selection by candidates. As Michigan states in its literature, students with family includes under $90k will have their full need met regardless of residence.

This discussion does appear to have strayed quite a bit. I’ll stop so not to contribute to that.