The big news this week is that UT Austin made a commitment to increase tuition assistance in to make it attending the University more affordable. The Board of Regents established a $160 million endowment that will start providing financial assistance fall 2020.
The new endowment will be used to expand UT Austin’s Texas Advance Commitment program for in-state undergraduate students to:
Completely cover tuition and fees for students from families that earn up to $65,000 a year who have financial need, and
Provide some assured tuition support to students from families with incomes of up to $125,000 who have financial need.
Read the full article here from the University of Texas at Austin.