Gov. Granholm's new funding formula for 12 of Michigan 's 15 universities is a report card of sorts. If grades were given out they would cover areas such as affordability, degree-completion rates, aid to the needy and financial aid as a percent of the overall budget. The three main research schools - U of M, Michigan State and Wayne State - each got 2 percent increases. Other universities got less, and some with higher-than-average, per-pupil revenue got nothing.