University of Texas and California State University Announce Major Student Aid Initiatives
The University of Texas raises $1 billion for student support, while California State University expands grants to cover full tuition and living expenses.
- The University of Texas at Austin has raised $1 billion for student support, marking it as the second U.S. public university to achieve this milestone.
- The California State University system plans to expand grants to cover the full cost of tuition plus living expenses for students demonstrating financial need.
- Nearly 291,000 donors have contributed to the University of Texas' campaign, supporting almost 39,000 students since 2016.
- The California State University system's new financial aid initiative is funded by a portion of revenue from a recent tuition hike, aiming to increase the State University Grant program to $981 million by the 2028-29 school year.
- The University of Texas' campaign, 'What Starts Here,' aims to raise a total of $6 billion, with more than $4.8 billion already contributed.
Forbes 
The Texas Tribune 
