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<p>Alexandre, I’m not prepared to accept that statement, not as baldly stated. I think there’s a certain CC mythology that’s built up on this question over the years, but it’s only partly based on fact. Yes, it’s true that Michigan doesn’t meet 100% of need for 100% of OOS students; but since it’s meeting 100% of need for 90% of its total student body, and 1/3 of the student body is OOS, then it must be meeting 100% of need for some significant fraction of OOS students; otherwise, the numbers just wouldn’t add up. And relative to other leading publics, it’s easily one of the most generous–perhaps THE most generous. True, UVA and UNC Chapel Hill meet full need for 100% of their students and average 100% of need met, while Michigan meets full need for 90% of its students and on average meets 90% of need. That alone is enough to place Michigan third among the top publics. </p>
<p>But if you bore down a little deeper, it’s clear UVA and UNC are putting very little actual money on the table, because the VAST majority of their OOS students are full-pays. While Michigan supports 1/3 of its OOS students with need-based self-help aid (work/study and subsidized loans), Virginia supports only 1/5 of its OOS students with such aid, and UNC only 1/4. Since work/study and subsidized Stafford loans are basically federal money available to any student who meets the FAFSA need-based FA requirements, that figure should be a pretty good proxy for the percentage of OOS students who have financial need. So we can surmise that about 2/3 of Michigan OOS undergrads are full-pays, while 3/4 of UNC’s are, and an astonishing 80% of UVA’s OOS students are full-pays. </p>
<p>When it comes to OOS students getting actual grants or scholarships—gift aid, as opposed to self-help–UVA and UNC put even less on the table, with only 12% of UVA’s OOS students getting grants, and 11% of UNC’s. In contrast, Michigan supports 31% of its OOS students with grants.</p>
<p>School ( % OOS) / % OOS w need-based self-help / % OOS w grant / ave % of need met / % fully met</p>
<p>UC Berkeley (7%) / 22% / 22% / 90% / 50%
UCLA (7%) / 20% / 18% / 81% / 23%
UVA (26%) / 20% / 12% / 100% / 100%
Michigan (32%) / 33% / 31% / 90% / 90%
UNC Chapel Hill (18%) / 24% / 11% / 100% / 97%
William & Mary (32%)/ 34% / 3% / 76% / 16%
Georgia Tech (26%) / 27% / 10% / 74% / 35%
UCSD (3%) / 21% / 18% / 89% / 37%
Wisconsin (32%) / 18% / 16% / 75% / 21%
Penn State (25%) / 35% / 28% / 53% / 7%</p>
<p>Furthermore, Michigan puts far more of its own resources on the table to support grants and scholarships for its undergraduates, measured either in absolute dollars or in dollars-per-undergraduate:</p>
<p>School / Institutional grants & scholarships / Undergrad enrollment / Grants per capita</p>
<p>Michigan / $112.3 million / 26,096 / $4,303
UC Berkeley / $98.2 million / 24,929 / $3,940
UCSD $82.4 million / 23,290 / $3,537
UCLA / $75.9 million/ 25,415 / $2,985
Georgia Tech / $40.8 million / 12,456 / $3,275
UNC Chapel Hill / $40.8 million / 17,457 / $2,337
Penn State / $36.2 million / 36,954 / $980
UVA / $34.8 million / 13,848 /$2,513
Wisconsin / $29.2 million / 27,746 / $1,052
William & Mary / $13.2 million / 5,835 / $2,262</p>
<p>It’s easy enough for UVA and UNC to look generous on paper, supporting 100% of need for 100% of their enrolled students with need, when almost all their OOS students are full-pays. But bottom line, they’re not putting very much money at all on the table, far less than Michigan. Sure, it would be nice if Michigan could support 100% of need for 100% of its OOS students. It’s not there yet, and I realize that makes it difficult for many high-need OOS students to attend. But its FA policy ranks at the head of the class for top publics. And there are a lot of top-50 privates that are doing no better.</p>