The Class of 2029 are joining a unique cohort of builders and innovators and will partner with University faculty and staff to help build America's next great university. Each member of the class—Texans, out-of-staters, and internationals who are permanent residents—will receive a scholarship worth approximately $130,000 covering the full cost of undergraduate tuition for four years, subject to terms and conditions.1 These scholarships recognize the significant vision, character, and commitment it takes to establish a new institution.
Founders Scholars exemplify the University’s guiding entrepreneurial spirit and are engaged with faculty and staff to build the student organizations, institutions, and governance for an elite new university.
Each Scholar is 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.
Students applying to the University of Austin will automatically be considered for a Founders Scholarship upon submitting their application.
Students offered admission to the University will be awarded a Founders Scholarship together with their offer letter. Admitted students must accept their offer and pay the non-refundable enrollment deposit by the applicable decision deadline in order to hold their seat and claim their Founders Scholarship.
Failure to do so shall result in a lapsed offer and forfeiture of the Founders Scholarship.
Founders 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, 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 amount outstanding under the Founders Scholarship award shall be forfeited.