Wednesday, Oct. 18, 2023
You may have heard about the Texas University Fund, known as TUF, which is being proposed
as a Texas Constitutional Amendment through Proposition 5 in the upcoming Nov. 7 election.
If approved by voters, Prop 5 would create the Texas University Fund, allowing more
Texas universities to compete for research dollars from the federal government and
private companies, making Texas more attractive for companies to create more jobs
There are four universities that currently would qualify for TUF dollars — Texas State,
Texas Tech, University of Houston, and the University of North Texas.
They were determined by objective criteria based on research expenditures and doctoral
degrees awarded on an annual basis, and funds would be distributed on a merit-based
system that correlates to each institution’s research expenditures.
Prop 5 would strengthen Texas Tech, Texas State, University of North Texas, and University
of Houston to provide more opportunities for students to earn a high-quality college
education here at home.
These four universities serve more than 160,000 students from working, middle class
families from across the state.
Industries from semiconductors and new energy have signaled a gap in skilled workers
with advanced degrees to fill high-paying jobs.
As the fastest-growing and fourth largest university in Texas with an enrollment of
nearly 47,000 students, UNT has accounted for 52% of the growth in new enrollees across
all public universities in Texas since 2019, and we are committed to continuing to
meet the needs of our rapidly-growing North Texas region. And as a Carnegie ranked
Tier One research university that is also a Minority- and Hispanic-serving Institution,
we will continue to demonstrate research innovation, increase our nationally ranked
programs and graduate career-ready students.
Prop 5 creates a $3.9 billion endowment from Texas’ budget surplus with NO new taxes.
Universities would draw funds from interest income and profits from investments only,
not off principle. This provides sustainable funding to support research, faculty,
and students — with no additional burden on taxpayers — helping attract more companies
to Texas and filling high-paying jobs with Texas graduates.
The Texas University Fund would be transformative for UNT and would help elevate UNT
to greater national prominence while helping drive the Texas economy. It would allow
for continued, sustainable funding to ensure UNT can continue to elevate its academic
programs, advance innovative research and ensure students have the opportunities and
resources needed to pursue their career goals. With the rapid growth of the North
Texas region and thriving business corridor, this additional funding would help UNT
expand the North Texas region’s workforce while continuing to help fuel the state’s
Texas has only two universities in the top 50 public universities nationwide. California
That’s one of the reasons why Prop 5 passed the legislature with more than 90% support
from both Republicans and Democrats. Both parties understand that the TUF is critical
to creating high-paying jobs to drive the Texas economy.
Importantly, Prop 5 involves NO NEW TAXES. It’s funded by a one-time allotment from
the budget surplus, along with interest income from Texas’ Rainy Day Fund, and combined
with the National University Research Fund.
You can read more at unt.edu/tuf.