Students Say Thanks For Donations, State Funding, And Grants

By randyramirez in Blog on November 10, 2010 at 1:29 pm | No Comments

If tuition were the only source of funding The University of Texas received, classes would come to a screeching halt today as money ran out.

But thanks to state funding, gifts from donors, and research grants earned by professors and graduate students, nearly 50,000 UT students will be able to keep writing papers and studying for exams all the way to Commencement in May.

In an effort to educate students on the many pocketbooks that play a role in their education, Students Hooked on Texas designated today the campus’s first Thanks Day.

The student committee set up a 7-foot thank-you card in front of Gregory Gym for students to write notes of appreciation. Those participating had the extra incentive of Tiff’s Treats donated by the cookie company. Many student groups, including the Texas Exes Student Chapter, were wearing “Thanks Day” T-shirts today, and several colleges and schools arranged for students to write notes to send to donors. 

So, where does all the extra funding come from? As the Longhorn graphic below outlines, tuition makes up 24 percent of the UT budget, with 22 percent coming from state support and the Permanent University Fund, and the final 54 percent from alumni giving, research grants, and other donations.