The Texas A&M University System, Texas A&M University, the Health Science Center and other system agencies in the Bryan-College Station area created a $4.42 billion positive economic impact on the local area in 2013, an increase of almost $113 million from 2012 and about double that of a decade ago.
Partnerships with the local cities and county will likely grow those numbers, particularly the enhancement and expansion of Kyle Field.
The A&M System also continues to rank first in the state in research investment. Research totals for Fiscal Year 2013 exceed a record $820 million according to the National Science Foundation. That research often leads to patents and licenses with significant, far-reaching economic benefits not included in local economic estimates.
Texas A&M University also now ranks among the nation’s top fundraising institutions in higher education, public or private, having raised a record $740 million-plus within the past year, over $300 million more than any previous 12-month period. This includes gifts, private grants and contributions to The Association of Former Students, the Texas A&M Foundation, the George Bush Presidential Library Foundation and the 12th Man Foundation. This historic level of support is attributed to the university attracting record numbers of highly qualified students. The institution’s successful entry in the Southeastern Conference is also a factor, along with more Texas A&M graduates reaching career stages where they are able to make larger gifts to their alma mater.
Locking in Tuition
Beginning in the fall of 2014, incoming undergraduate freshman to Texas A&M University, Texas A&M University at Galveston and the Texas A&M Health Science Center will be offered a single, fixed rate tuition through year four or five, depending on their degree plan and major. This also consolidates all student fees with the locked-in rate. While Texas A&M has historically offered very affordable tuition rates and is less expensive today than many other public, state universities in Texas, this rate guarantee will help students and parents to budget for college and the university to make future decisions based on fixed revenue.
Expanding in Houston
The Houston campus of the Texas A&M Health Science Center will be expanding in the Texas Medical Center area with future construction of a multidisciplinary research and education building on 2.5 acres adjacent to the TAMHSC Institute for Biosciences and Technology, a research institute that excels at translation innovative discoveries into clinical practice for the benefit of patients.
Become involved, join the Chancellor’s Century Council
The Chancellor’s Century Council is a group of individuals interested in the future of Texas higher education who provide the chancellor a means to advance the goals and objectives of The Texas A&M University System. Members participate in various A&M System activities across the state and throughout the nation. There are varying membership levels available.Find out how to join.
|The “Sharp’s Solutions” email newsletter is published monthly by the Office of the Chancellor of The Texas A&M University System to inform community and business leaders of the various initiatives of Chancellor John Sharp.|