It modified this admissions policy by limiting automatically admitted freshmen to 75% of the entering in-state freshman class, starting in 2011. 1 well[33] and the discovery of oil on university-owned lands in 1923, the university added significantly to its Permanent University Fund. More than 1,100 student organizations. After becoming the first freshman in school history to lead Texas in scoring and being named the Big 12 Freshman of the Year, Daniel Gibson entered the 2006 NBA draft and was selected in the second round by the Cleveland Cavaliers. [88] Internationally, UT Austin was ranked 34th in the 2020 "Best Global Universities" ranking by U.S. News & World Report, 45th in the world by Academic Ranking of World Universities (ARWU) in 2019, 39th worldwide by Times Higher Education World University Rankings (2019), and 65th globally by QS World University Rankings (2020). [93] A "payback" analysis published by SmartMoney in 2011 comparing graduates' salaries to tuition costs concluded the school was the second-best value of all colleges in the nation, behind only Georgia Tech. Additionally, alumni who have served as business leaders include Secretary of State and former ExxonMobil Corporation CEO Rex Tillerson '75, Dell founder and CEO Michael Dell, and Gary C. Kelly, Southwest Airlines's CEO. Several musicians and entertainers attended the university. Public research university in Austin, Texas, United States, "University of Texas" redirects here. "[116] In 2008, O'Donnell pledged $18 million to finance the hiring of university faculty members undertaking research in mathematics, computers, and multiple scientific disciplines; his pledge was matched by W. A. [24] The legislature additionally appropriated $256,272.57 to repay the funds taken from the university in 1860 to pay for frontier defense and for transfers to the state's General Fund in 1861 and 1862. Its Longhorn Network is the only sports network featuring the college sports of a single university. The first presidential library on a university campus was dedicated on May 22, 1971, with former President Johnson, Lady Bird Johnson and then-President Richard Nixon in attendance. Graduate and International Admissions Center UT Administration Building (UTA) 1616 Guadalupe Street, Suit 4.202 Austin… Discover your possibilities with an undergraduate degree from Texas. On April 30, 2006, the school opened the Blanton Museum of Art. Actor Owen Wilson and writer/director Wes Anderson attended the university, where they wrote Bottle Rocket together, which became Anderson's first feature film. Naval Administration in World War II", "John Chase, one of the university's first black students", "UT's first black students faced significant discrimination on the long road to integration", "Legislative Reference Library of Texas, HB 222, 60th Regular Session", "ESPN, IMG Introduce TV Network for The University of Texas at Austin", 1 dead, 3 hurt in University of Texas stabbings, Suspect in UT Austin stabbing charged with murder, had been committed before, University approves new policy for lighting The Tower, "Statistical Overview of the Library Collections, 2007", "Blanton Museum of Art Poised to Become Largest University Museum in the United States", "Nettie Lee Benson Latin American Collection", "Digital Resources: LLILAS Benson Latin American Studies and Collections, University of Texas at Austin", The Secret Tunnels Under The University of Texas, "Gates Computer Science Complex and Dell Hall Open", "Student Activity Center Opens for Business", "Degrees Conferred Information, 2009–2010 Academic Year", "The colleges in the South with the toughest admission standards – The Business Journals", "The University of Texas at Austin to Automatically Admit Top 8 Percent of High School Graduates for 2011", "Carnegie Classifications Institution Lookup", "The University of Texas at Austin 2017–2018 Common Data Set, Part C", "PDF Common Data Set Reports - Institutional Reporting, Research and Information Systems", "Academic Ranking of World Universities 2020: National/Regional Rank", "Wall Street Journal/Times Higher Education College Rankings 2021", "Academic Ranking of World Universities 2020", "CWUR - World University Rankings 2019-2020", "The University of Texas at Austin ranks No.