How much money does Umich have?

As of fiscal year 2024, the University of Michigan boasts an impressive endowment that has reached a market value of $19.2 billion, reflecting a significant increase of $1.3 billion from the previous year. This substantial growth in the endowment is indicative of the university's strong financial management and investment strategies. Furthermore, the university has set a record in its distributions, amounting to $506 million, which highlights its commitment to funding various academic programs, scholarships, and research initiatives. This financial strength not only supports the university's mission but also enhances its ability to attract top talent and maintain its status as a leading institution in higher education.