Dear Red Raider Family,
For the first time in almost 150 years, voters have an opportunity to approve an amendment to the Texas Constitution that will establish a needed and sustainable funding source for four of the state’s top universities, including Texas Tech University.
Proposition 5 will establish the
Texas University Fund (TUF), a permanent $3.9 billion endowment that will benefit Texas Tech along with the University of Houston, the University of North Texas and Texas State University – four universities that do not have access to the Permanent University Fund. The TUF will not require new taxes or additional costs to Texans.
If Proposition 5 passes, it will allow participating institutions to expand investments in research, stimulating innovation and growing the Texas economy. For Texas Tech, these resources will enhance existing areas of strength, including energy, agriculture and sustainability, and to grow new programs such as One Health.
Previous support for higher education, like that provided through the National Research University Fund (NRUF), has enabled Texas Tech to increase its research capabilities and grant awards and elevate its national rankings. Approval of the TUF will have the same positive results by further enhancing our preeminence and impact.
This is a critical moment for higher education in Texas. Our commitment remains to help make our state the destination for students and faculty seeking world-class educational and research opportunities.
Today (Oct. 10) is the final day to register to vote for the Nov. 7 election. If you have not already done so, please register so you can exercise your civic duty and have a voice in the future of higher education in Texas.
