Northwestern University is a private research school in Illinois. It was established in the early 1850s by John Evans. The city in which it is located, Evanston, is named after the founder. The school is home to a renowned Doctoral program, one that brings in nearly $800 million per year in research funds from sponsors.
The university has grown to accommodate over 20,000 students per year, divided across its three campuses. One of those campuses was just opened in 2008 in Doha, Qatar, which focuses on media and journalism programs. Northwestern’s endowment has grown substantially over the past year or so and is currently estimated at over $11 billion.
University of Michigan: $11.9 Billion
The University of Michigan saw a half a billion increase in its endowment over this past year, bringing it close to $12 billion at the close of 2019. The school is a public research university located in Ann Arbor, Michigan.
Among people to come from this midwestern school’s alumni list are 25 Nobel Prize winners, pop queen Madonna and former U.S president, Gerald Ford. The university enjoys an annual budget of nearly $9 billion. They have a fairly large student body and staff, with over 40,000 students and a staff of over 20,000 to help manage everything.
Columbia University: $10.87 Billion
This private Ivy League school was founded in Manhattan in 1754. It is the single oldest higher-education facility in New York and the fifth in the country. The school is one of the top three in the country and known for being hard to get into, with an acceptance rate of just over 5%.
The institute, which has an endowment of around $10.87 billion, has an impressive list of alumni, both living and deceased. Among them are five of the nation’s Founding Fathers, as well as 53 billionaires and three former presidents.
University of California: $13.4 Billion
The University of California has one of the largest student bodies of any of the schools on this list. The public school was established in 1868 in Berkley and had a graduating class of nearly 40 people in its first year. Now, there are over 280,000 students in attendance each year. The school has 10 campuses throughout the state of California, including UC San Francisco and UC Irvine.
In 2017, University of California had an annual budget of nearly $35 billion. By the end of that same year, the UC faculty and researches had won 62 Nobel Prizes. One noteworthy alumnus from UC is Apple co-founder Steve Wozniak. Actors George Takei, Brenda Song and Chris Pine also attended.
University Of Virginia: $9.6 Billion
This public research university in Charlottesville, Virginia, was founded 200 years ago by Thomas Jefferson. It has an annual budget of over $1.3 billion, which perhaps lends to the fact the school has produced some top-notch engineers. It’s also seen its fair share of successful entrepreneurs, including the founders of CNET and Reddit.
The school has been named third best of all of the public universities in the U.S, by U.S News & World Report. Among the list of famous alumni from the University of Virginia: former U.S President Robert F. Kennedy, master poet Edgar Allen Poe and funny woman Tina Fey. The school is also known for having an array of secret societies, including six known societies that are active today. Among them are The Purple Shadows, The Sons and Daughters of Liberty, and the all-female group, The Thursdays.