Elon Musk has pledged to invest $100 million to build a new university in Austin, Texas (USA), with a commitment to “free tuition”.
Elon Musk has pledged to spend $100 million to build a tuition-free university in the US. Photo: AFP
The billionaire CEO of SpaceX and Tesla, Elon Musk, has pledged to invest a huge amount of money to build a new university in the US.
The special thing is that students attending this school will receive tuition exemption, according to Tweak Town.
Elon Musk’s new university will focus on education at the highest level, from elementary to high school, and place a special emphasis on STEM (Science, Technology, Engineering, Mathematics) programs.
From information published in tax records, this project has received $100 million in “seed” money from Elon Musk.
The new university will focus on using “experienced lecturers” and applying traditional teaching methods.
In addition, students are also supported by modern learning methods such as simulations, case studies, manufacturing/design projects, and laboratories.
The school’s main source of funding comes from Elon Musk’s charity, The Foundation. Last year, he invested $2.2 billion in Tesla shares into this organization.
It is expected that the school will continue to receive funding from The Foundation and plans to waive tuition for students.
However, it can still charge tuition and provide scholarships to students based on need.
Students will be selected based on merit, and the school does not guarantee admission through connections, according to Forbes.
Related Posts
h0911
·
October 10, 2024
·
QG Part 1 β (Hindi) Official Trailer | Vivek Kumar Kannan | Sunny Leone | Jackie Shroff | Priyamani The plot centers around a mysterious protagonist who…
h0911
·
October 10, 2024
·
“Aranmanai 5” is a cinematic masterpiece that opens up a world of mystery and suspense with its distinctive blend of supernatural and eerie elements. The story unfolds…
h0911
·
October 10, 2024
·
Blumhouse Productions has just released the highly anticipated teaser trailer for their upcoming 2024 horror crossover, CHUCKY vs M3GAN. The film brings together two of the most…
h0911
·
October 10, 2024
·
The chilling new installment of The Boy franchise, titled The Boy 3: The Curse Continues, has finally unveiled its official trailer for 2024, and it promises to…
h0911
·
October 10, 2024
·
πππ‘ππππ₯ βππ ππ’π π‘ πππππππ π‘βπ πβππππππ π‘πππ ππ π‘ππππππ πππ ππππ‘ππ πΆβππππ ππ€ πππ π ππππ (2025), π ππππ β πππ πππ¦ π‘πππ ππ π‘βπ πππππππ’π πΏπππ‘βππππππ. πβππ π€πππ‘ππ-π‘βππππ βπππππ πππ π‘πππππππ‘ π ππ‘π …
h0911
·
October 10, 2024
·
Pathaan 2 is one of the most anticipated sequels in the YRF Spy Universe, following the immense success of the first Pathaan film. Directed by Siddharth Anand,…