University of Texas-Austin Promises Free Tuition For Low Income Students In 2020

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Four year colleges and universities have difficulty recruiting talented students from the lower end of the economic spectrum who can't afford to attend such institutions without taking on massive debt. To remedy that — at least in part — the University of Texas-Austin announced it is offering full tuition scholarships to in-state undergraduates whose families make $65,000 or less per year. The University of Texas System Board of Regents voted unanimously on Tuesday to establish a $160 million endowment, drawing from the state's Permanent University Fund to begin the program in the fall of 2020. "Recognizing both the need for improved access to higher education and the high value of a UT Austin degree, we are dedicating a distribution from the...

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University of Texas-Austin Promises Free Tuition For Low Income Students In 2020

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