Budget crisis

San Antonio Express-News - Senate Bill 557 aims to create a funding distribution formula for universities admitted to the National Research University Fund. The idea is to help Texas Tech University achieve Tier One status as national research institutions. The University of Texas and Texas A&M University already have achieved Tier One status.

Texas’ Medicaid rates already rank 49th in the nation and cuts are looming.

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Senate Bill 557 aims to create a funding distribution formula for universities admitted to the National Research University Fund. The idea is to help Texas Tech University achieve Tier One status as national research institutions. The University of Texas and Texas A&M University already have achieved Tier One status.

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