It's great to see UT Austin helping out students with scholarships:
In the last few years, UT-Austin officials pledged $12.5 million a year in scholarships for low- and middle-income students, guaranteeing that those whose families take home less than $30,000 annually would receive enough to cover tuition for four years. Students whose families earn up to $100,000 a year now receive annual grants ranging from $300 to $2,500.
This is a great and necessary investment, particularly for low-income families for whom the university is otherwise inaccessible despite their children's merit.
With strategic timing and some extra money, UT-Austin hopes it can encourage more low-income students to enroll
In the last six years, the number of needy students at UT-Austin — as measured by those who receive the federal Pell Grant — has decreased from 28 percent to 24 percent.