RICHARDSON, Texas (Oct. 17, 2005) — The University of Texas at Dallas (UTD) has become one of only a handful of universities in the state — and the only one in North Texas — to benefit from the prestigious Terry Foundation scholarship program.
The award, which covers tuition and fees, text books, on-campus housing and miscellaneous expenses, is typically a four-year offering, subject to satisfying grade and other requirements on an annual basis. The amount of the award also takes into account a student’s financial resources and other aid, such as Pell grants.
Criteria for selection include academic excellence, leadership and financial need. Eight freshmen will become UTD’s first Terry Scholars for the fall 2006 academic year.
The foundation is the largest source of private scholarships for the University of Texas at Austin, Texas A&M University, the University of Houston and Texas State University–San Marcos.
Nominations for the scholarships will be fielded through UTD’s Office of Undergraduate Education, headed by Dr. Michael Coleman, associate provost and dean of undergraduate education.
“I’m delighted that the Terry Foundation has added UTD to its list of distinguished university partners,” Coleman said. “UTD has a long tradition of enrolling the best and brightest students from across the state, and to be able to offer such an esteemed scholarship opportunity will undoubtedly add to our ability to attract those students, particularly those who demonstrate financial need at a time when the cost of higher education continues to rise.”
The Terry Foundation was established in 1986 by Houstonians Howard and Nancy Terry out of a desire to help young people help themselves. The foundation’s goal is to strengthen the state by identifying Texas high school graduates who demonstrate the promise of future leadership distinction and by assisting them in developing their abilities and the abilities of those around them.
The Foundation Board manages an endowment of approximately $125 million, provided entirely by the founders. Earnings from the endowment fund the program, which is designed to exist in perpetuity.
The foundation will award scholarships to selected UTD students on an annual basis. For more information about the program, please visit www.terryfoundation.org.
The University of Texas at Dallas, located at the convergence of Richardson, Plano and Dallas in the heart of the complex of major multinational technology corporations known as the Telecom Corridor®, enrolls more than 14,500 students. The school’s freshman class traditionally stands at the forefront of Texas state universities in terms of average SAT scores. The university offers a broad assortment of bachelor’s, master’s and doctoral degree programs. For additional information about UTD, please visit the university’s website at www.utdallas.edu.