Proposition 5 on Texas ballot would create new endowment for ‘emerging’ research universities

The University of Houston is among four state universities that would qualify for additional research funding if Texas voters approve Proposition 5.Sign up for The Brief

They created the Texas University Fund, a $3.9 billion endowment to help other “emerging” research universities across the state enhance their research capabilities with the goal of joining the top public institutions across the country. State officials say increasing the number of top-ranked universities in the state will drive local and statewide economic growth and keep Texas competitive.

Public universities have two main goals: educating students and advancing knowledge through research that betters society. Jason Smith, vice president of governmental affairs at the University of Houston System, said that without a steady stream of funding at the level the TUF fund could provide, the university has had to make difficult decisions on whether to spend money on research or to improve student services, like mental health counseling or tutoring. Investing in research brings in more federal funding, improves national rankings and attracts more competitive students and top faculty, he said.

If the research fund is approved, early estimates show, Texas Tech would receive $44 million in the first year; UH would receive $48 million; Texas State could get $22 million and UNT would receive $21 million, according to state budget figures.

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