College is costly. As of 2026, UT Austin charges $28,000 annually, making a degree a significant financial commitment. To make it more affordable, students need to secure a portion of the $475 million in financial aid UT distributes to over 30,000 students each year. Whether from the university, private foundations, donors, or other sources, external funds play a crucial role in helping students succeed. “Students who don't need to work are more likely to graduate on time and