What is the TUF?Texas University Fund
Thank you texas voters
The results are in, and the voters of Texas have passed Proposition 5, the constitutional amendment to establish the Texas University Fund (TUF).
Proposition 5 received more than 60% of the vote, allowing the state to set up a $3.9 billion endowment to support research activities at Texas universities.
As part of the TUF, Texas Tech University's anticipated allotment is $44 million for fiscal year 2024, with the funds allocated to support the university's research activities.
“The TUF will be transformative in growing the research enterprise at Texas Tech University and its impact on our state,” said Texas Tech President Lawrence Schovanec. “Future generations of students and faculty will benefit from the opportunities this funding provides, which will bolster innovation and technology. We are grateful for the support of the Texas Legislature and voters in Texas.”
TUF dollars will allow Texas Tech to hire and support faculty, prepare students for the workforce through increased graduate and undergraduate research opportunities, and create new technological innovations that will benefit the citizens of Texas.
TUF funds will enhance Texas Tech's research impact across fields in which the university already excels. Traditional research strengths like agriculture, energy, climate science and national security will be elevated, as will the new One Health collaboration with our colleagues at the Texas Tech University Health Sciences Center. The One Health initiative will study the interconnectedness of human, animal and environmental health in our region.
“Texas Tech is extremely grateful for the outstanding support Texas voters have provided for research,” said Vice President for Research & Innovation Joseph Heppert. “The breakthroughs made possible by these funds will have a lasting impact on West Texas, our state and the nation."
The trust put in Texas Tech by voters leaves the university in a position to invest heavily in finding solutions to the greatest challenges of our time. Thanks to Texas voters, as the Centennial year draws to a conclusion Texas Tech could hardly be better positioned for the next century.
Through continued efforts to hire world-class faculty and provide them with top-of-the-line research facilities so they can train future leaders, Texas Tech is committed to maintaining the vitality of Texas for generations to come.
Thank you for your support.
Benefits for Texas Tech University's Endowment
Resilience is the key to a thriving future for Texas. Progress relies on research into some of the most critical and complex issues facing our state, nation, and world. A portion of Texas Tech's TUF funding will enhance research programs in the following areas:
- One Health
- National Security
How Texas Tech Will Use the Texas University Fund to Invest in People
The success of Texas Tech is possible through the hard work of our outstanding faculty and students. TUF funding will allow the university to:
- Hire more faculty
- Provide faculty support
- Prepare students for the workforce through increased graduate and undergraduate research opportunities
- Increase the number of research doctoral graduates in Texas
Texas Tech will Use the Fund for Continued Success
Texas Tech has made great strides in developing our research enterprise. TUF funding gives us the resources to build upon that success and maximize the impact that research and scholarship have on our region and state every day.
Texas Tech's Prestigious Research Achievements
- $83 million federal awards in FY23 (126% increase since 2018)
- $230 million total research expenditures in FY23
- $48 million federal research expenditures in FY23
- 61 faculty among the top 2% of most cited researchers in the world in 2022
- $26 million, five-year grant from the National Science Foundation for the Center for Advancing Sustainable and Distributed Fertilizer Production with the possibility of an additional $25 million for another five years.
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