The National Science Foundation awarded a three-year, $3.75 million grant to the University to form the Southwest Alliance for Entrepreneurial Innovation Node, a regional group hoping to turn academic research with commercial potential into business initiatives.
The official University welcome event “Gone to Texas” brought together more than 8,000 students and members from the University community for a celebration on the Main Mall in front of the Tower on Tuesday evening.
With President William Powers Jr. set to leave his position in June 2015, Paul Foster, UT System Board of Regents chairman, is in the process of forming a search committee to find candidates to replace him.
The UT System hired Kroll Associates, Inc., a risk mitigation response firm, in August to conduct an investigation into the University’s admissions process, according to System spokeswoman Jenny LaCoste-Caputo.
More than 7,300 incoming first-year and transfer students began arriving Friday to move into 14 on-campus residence halls during "Mooov-In" at the University, kicking off two weeks of "Longhorn Welcome" events.
In accepting the UT System’s operating budget for the upcoming fiscal year, the Board of Regents approved Chancellor Francisco Cigarroa’s proposal on Thursday to utilize more of the System’s endowment to offset the lack of in-state tuition increases.
Paul Foster, UT System Board of Regents chairman, and Regent Jeffery Hildebrand said they "strongly disagreed" with Moody's Investor Services determining recent tensions in the System were “credit negative” in a recent analysis.