This quantitative study utilized secondary data furnished by 652 institutions of higher education which participated in the 2008 Voluntary Support of Education (VSE) national study managed by the Council for Aid to Education. This study investigated the relationships among private and public status across baccalaureate, masters and doctoral degree typologies and total alumni giving, restricted giving and unrestricted giving per full time equivalent (FTE) for the 2007/08 academic year. The independent variable included the three degree-granting sub-categories of institution as categorized by either public or private status. The dependent variables included total computed alumni giving for 2008 per FTE, restricted alumni giving for 2008 per FTE and unrestricted giving by alumni for 2008 per FTE. ANOVA main effects were calculated and statistical significance determined using the α < .05 level. Tukey Post-Hoc calculations were computed and Cohen’s f² was used to determine effect sizes. Total alumni giving per student FTE differed at statistical significance across the six institution types, F (5, 651) = 37.181, p < .001, f ² = .29. Total restricted giving per student FTE differed at statistical significance across the six types, F (5, 651) = 28.90, p < .001, f² = .22. Total unrestricted giving per student FTE differed at statistical significance across the six types, F (5, 651) = 35.371, p < .001, f² = .27. This study’s restricted giving index documents alumni make differentiated choices concerning gifts based on institution type. Recommendations are issued for further research and professional practice.