If you’re a resident of Texas with college ambitions but face some financial hardship, there’s good news coming out of the University of Texas at San Antonio. This week, the school announced a program called Bold Promise, which will cover tuition for thousands of students annually.
To be eligible, enrollees must be first-time freshmen living in the state, ranked in the top 25 percent of their high school class, and have graduated less than 16 months prior. Once enrolled, they must maintain a 2.5 grade point average each semester. The adjusted gross income of their family cannot exceed $50,500.
UTSA is currently ranked 293 to 381 by U.S. News and World Report in national universities. The school hosts roughly 32,264 students, with an average annual tuition of $9722 for Texans and $24,722 for out-of-state attendees. The acceptance rate is roughly 79 percent.
Incoming students have until January 15 to submit an application, but no separate Bold Promise form is required. The program officially begins with the fall 2020 semester and will cover four years of education. UTSA says the cost will be covered by scholarships, grants, and other exemptions on the state and federal levels. Students will also have the chance to apply for financial aid to cover boarding expenses. UTSA estimates 4000 students will be eligible for the program.
The University of Texas-Austin instituted a similar offer earlier this year, with free tuition for a four-year program offered to students with household incomes of $65,000 or less. Colleges in Michigan and New York have also implemented tuition programs.