University of Texas at Austin![]()
EndowmentThe University receives income from an endowment known as the Permanent University Fund. With $6.95 billion (US) in assets as of May 31, 2003, some might regard UT as a wealthy university, as its endowment is larger than any other U.S. university save Harvard, Stanford or Yale. However, this money is spread throughout the University of Texas system and one third of the income goes to the Texas A&M system. Other Texas universities outside these two systems are prohibited by law from sharing in the income from this endowment. Even the portion left for UT Austin is much smaller on a per student basis, since UT has many more students than most universites.The Main Building TowerOne of the University's most visible features is its Main Building [1], a 307-foot tower completed in 1937, located in the middle of campus and gracing Austin's downtown skyline. Although city law prohibits buildings to be taller than the Texas State Capitol, Main Building is on higher ground and is taller than the Capitol. The tower is normally lit in white light, but is lit orange for various occasions, including athletic victories and academic accomplishments, such as commencement. Also, the Tower is darkened for solemn occasions. [1] At the top of the tower is a carillon of 56 bells, the largest in Texas. Songs are played every Monday, Wednesday, and Friday at 12:50 pm local time in addition to the usual pealing of the bells every quarter hour. On August 1, 1966, Charles Whitman barricaded himself in the observation deck of the tower with a sniper rifle and other weapons, killed 14 Austin residents, and wounded more. The observation deck was closed until 1968, and then closed again in 1975 following a series of suicide jumps during the 1970s. In 1998, after installation of security and safety precautions, the Tower observation deck reopened to the public. It is surrounded by a protective metal grid to impede jumpers, and is only open on the weekends when the offices in the tower are not open. Visitors must pass through a metal detector and are accompanied by police while on the observation deck.High tech growth in AustinThe University has been helpful in providing people for the high tech growth of \nAustin, the capital city located in the heart of Central Texas.SportsThe men's sports teams are called the Longhorns, and the women are the Lady Longhorns. A charter member of the Southwest Conference until its dissolution in 1996, Texas now competes in the Big 12 Conference (South Division) of the NCAA's Division I-A. The University has traditionally been considered a football powerhouse; the football team frequently ranks in the top 10. In recent years the basketball team has gained prominence. In 2003, the basketball team advanced to the NCAA Tournament Final Four round, and in 2004 advanced to the Sweet Sixteen round. The University's major rival in almost every sport is the University of Oklahoma (phrase heard at football games: "What time is it?" "I don't know, but OU still sucks!"). The football game between University of Texas and Oklahoma is known as "The Red River Shootout" and is held annually in Dallas, Texas at the Cotton Bowl. There is also a longstanding rivalry with Texas A&M University, and these two universities are mentioned in each other's fight songs. University of Texas fans are renowned throughout the conference for their class and good sportsmanship. The University's baseball team has more years of participation in the College World Series than any other school, extending their record in 2004 year to 31 appearances.Distinguished alumni
External links\n*The University of Texas at Austin\n*The Main Building at UT Austin\n*"History of School and Fight Songs"\n*UT athletics website\n*Texas Exes alumni website\n*UT Austin Computer Science Department\n*The Gutenberg Bible at the Ransom Center\n*McDonald Observatory\n*KUT, the University of Texas public radio station\n\nCategory:Universities and colleges in Texas |
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"Basically, I no longer work for anything but the sensation I have while working." - Albert Giacometti (sculptor) |

