Magaro

Scholarship

LONSDALE

MAGARO BUILD

SCHOLARSHIP

The University of Austin’s most prestigious scholarship identifies future leaders who embody the spirit of American exceptionalism and show outstanding promise as builders and innovators.

offering

The University of Austin is proud to announce the Founders Scholarship program, available to the Fall 2024 incoming class. Each member of the class will receive a scholarship worth approximately $130,000 covering the full cost of undergraduate tuition for four years, subject to terms and conditions.

The members of the 2024 entering class are part of a unique cohort of builders and innovators who will partner with University faculty and staff to help build America's next great university. 
These scholarships recognize the significant vision, character, and commitment it takes to establish a new institution.

Founders Scholars will have the unique opportunity to not only go to college, but to build one.

Winners of the Lonsdale Magaro Build Scholarship receive a $100,000 merit scholarship, which is in addition to the four-year full tuition Founders Scholarship they receive as members of the Fall 2024 incoming class.

In its inaugural class of 100 talented students, up to 10 Build Scholars will be selected to work closely with the luminaries in the UATX Talent Network, including Joe Lonsdale, the University’s Board Chairman and founder of Palantir, Addepar, and 8VC. The goal is to mentor and cultivate young thinkers, builders, and leaders who possess great potential in applying their talents to renew American institutions, governance, economy, and society.

Recipients of the Lonsdale Magaro Build Scholarship must demonstrate superior academic achievement, commitment to the United States’ founding Enlightenment principles, a willingness to pursue truth with boldness and courage, and the entrepreneurial spirit to create, build, and lead enterprises and institutions that will advance the American polity.

To be eligible, applicants must submit a supplemental essay as part of their undergraduate application.

Recognizing Excellence

Founders Scholarships are offered on a competitive basis to those students who show they have what it takes to step forward and meet the challenges of both the University's innovative curriculum and the rapidly-changing world around them. The students of our first entering class exemplify the University’s guiding entrepreneurial spirit.

Founders Scholars will be engaged with faculty and staff to build the student organizations, institutions and governance for an elite new university. Each Scholar will be expected to take a leadership role in constructing a rich student life community at the University while building traditions and culture for generations of students to come.

Terms and Conditions

The Lonsdale Magaro Build Scholarship program funds scholarships only for students attending the University of Austin who enroll in Fall 2024.

Lonsdale Magaro Build Scholarships cannot be carried over to a future academic year if a student chooses to defer their offer of admission. Any student deferring enrollment forgoes any financial aid (whether Founders Scholarship, Lonsdale Magaro Build Scholarship, loans, grants, academic or merit scholarships, or otherwise) awarded to such student and will need to re-apply for such financial aid at a future date. If a student withdraws from the University or transfers to another institution, any amounts outstanding under the Lonsdale Magaro Build Scholarship award shall be forfeited.