- November 30, 2024
UTRGV’s endowment surges to $191 million
This Thanksgiving, The University of Texas Rio Grande Valley is grateful for the transformative power of higher education and for the generosity that has propelled its endowment to a remarkable $191 million, empowering its students to achieve their academic dreams.
Since 2016, UTRGV’s endowment has soared from $81.9 million to $191 million – an increase of 133% – creating more scholarship opportunities for students. The growth reflects the generous support of donors and UTRGV’s commitment to making higher education accessible for all.
“As we reflect on the many blessings this Thanksgiving, we are deeply thankful for the unwavering generosity of our community,” said UTRGV President Guy Bailey. “Your support has allowed UTRGV to open doors to transformative opportunities for our students, helping them pursue their dreams and graduate with minimal financial burden. Together, we are building a brighter future for the Rio Grande Valley and beyond.”
In addition, UTRGV saw a surge in the total number of endowments established to support scholarships, from 495 to 654, further enhancing the university’s ability to help students build brighter futures.
Dr. Kelly Nassour, executive vice president for Institutional Advancement, echoed Bailey’s sentiments. She said the scholarship opportunities provided through the growing endowment will enable students to fully embrace their academic journeys.
“Supporting our students is at the heart of what we do at UTRGV,” said Nassour. “Thanks to the generosity of our supporters, we are empowering students to embrace their academic journeys and focus on their futures without the burden of financial obstacles. Your investment ensures that these students not only dream big but also achieve beyond measure.”
The funds raised through these endowments are vital to UTRGV, with investment returns helping to fuel scholarships while the principal continues to expand.
This fall semester, UTRGV announced it had surpassed $250 million in fundraising over the past nine years, building on a streak of record-breaking milestones that included raising a record $72 million during the 2023-2024 academic year and raising over $276,000, a new record for the Day of Giving in August.
To learn how you can contribute to student success at UTRGV, visit give.utrgv.edu.