November 11, 2009
El Paso Inc. - After Prop. 4: Who gets the money?
The vote is over. Now comes the debate.
After voters approved Proposition 4 last week, they ignited a statewide debate about how seven Texas universities can access about $25 million a year to grow their research portfolio.
The funds come from a $500-million endowment the proposition created to help the schools reach “tier-one” status, a designation that puts them in the running for more federal research funds.
The University of Texas at El Paso is one of those universities, and like the others, it’s trying to figure out exactly what some of the state eligibility criteria mean.
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