Tech and U. of Houston Qualify for Tier-One Prize Money

Updated, May 25: After completing its review, the state auditor confirmed that, indeed, both Texas Tech University and the University of Houston have met the state's requirements to gain access to the National Research University Fund.

In a statement, House Higher Education Committee Chairman Dan Branch, R-Dallas, commended the institutions and their local communities. "Today, the state is closer than ever to elevating more universities to nationally compeititive research status," he said.

The fund, considered the ultimate reward for the state's eight universities vying for coveted "tier one" status, was recently valued at roughly $620 million. The newly ...

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