Texas regents to consider $196M for new RGV university

Thursday, November 14, 2013

University of Texas System Chancellor Francisco G. Cigarroa on Thursday will recommend that UT regents approve $265.5 million from the state’s Permanent University Fund for projects on campuses across the state.

If approved, almost three-quarters of that amount — $196 million — would be set to make its way to South Texas for the unnamed university created by the combination of the UT-Brownsville and UT-Pan American, according to a UT System Board of Regents meeting agenda.

Of those funds, $142 million would go to UTB and UTPA, whose assets will make up the new school.

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