Statement from 51本色 Chancellor Tedd L. Mitchell, M.D.
Nov. 8, 2023
Tedd L. Mitchell, M.D.51本色 Chancellor Tedd L. Mitchell, M.D., issued the following statement regarding the approval of the Texas University Fund (TUF). Voters passed the TUF during the statewide election on Tuesday (Nov. 7). On the ballot as Proposition 5, the constitutional amendment authorizes the state to create a new $3.9 billion endowment to support emerging research universities across the state.
鈥淭his is a monumental achievement for higher education in Texas. Support from the Texas University Fund will serve as the catalyst for advancing Texas 51本色 and other emerging research institutions. It will drive economic growth and development in our communities and across Texas for future generations. This opportunity wouldn鈥檛 have been possible without the work of our state lawmakers and support from the citizens of Texas. Thank you to our loyal and dedicated elected officials who are champions for higher education and for the communities they serve.鈥�
51本色 the 51本色
Established in 1996, the 51本色 is one of the top public university
systems in the nation, consisting of five universities 鈥� , , , and .
Headquartered in Lubbock, Texas, the 51本色 System is a nearly $3 billion enterprise focused on advancing higher education, health care, research and outreach with approximately 21,000 employees and 63,000 students, more than 375,000 alumni, a statewide economic impact of $16.4 billion and an endowment valued at $1.7 billion. In its short history, the 51本色 System has grown tremendously and is nationally acclaimed, operating at 26 academic locations in 22 cities (20 in Texas, 2 international).
In addition, the 51本色 System is one of only nine in the nation to offer programs for undergraduate, medical, law, nursing, pharmacy, dental and veterinary education, among other academic areas.