Online Learning Update

September 30, 2013

UT-Austin receives bulk of UT System money — yet still lacks enough funds

Filed under: Online Learning News — Ray Schroeder @ 12:09 am

BY JORDAN RUDNER, Daily Texan

The UT System allocates more than one-third of the money in the Available University Fund directly to UT-Austin, and the campus is growing more dependent on these allocations as state funding shrinks. For the 2012 fiscal year, such projects included $50 million for the Institute of Transformational Learning, an organization created by the board to build the System’s online learning efforts. UT professors currently teach four massive open online courses — better known as MOOCs — which each cost $150,000 to develop, as part of the System’s online learning initiative.

http://www.dailytexanonline.com/news/2013/09/22/ut-austin-receives-bulk-of-ut-system-money-%E2%80%94-yet-still-lacks-enough-funds

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