Elon Musk aims to open a new University in Austin, Texas.
Elon Musk Plans New STEM School in Austin, Texas
The documents state that Elon Musk’s Foundation will donate $100 million and student tuition will fund the institution. The school will serve local students and offer distance learning. Academic curiosity, discipline, independence, and invention are the first entrance criteria for 50 students.
Plans call for the school to become a university and seek accreditation from the Southern Association of Colleges and Schools, Commission on Colleges, after proving its viability. The petition doesn’t list tuition, but admitted students will receive financial aid. The school is hiring an executive director, experienced teachers, and administrators.
Elon Musk Expands Education Ventures with New STEM School in Austin
Note that Austin is home to the University of Texas main campus and The University of Austin, founded two years ago. After launching the online-only Astra Nova School for 10–14-year-olds, Elon Musk entered the education business again.
The move underlines Musk’s ongoing interest in education, particularly STEM subjects, and his dedication to improving learning in-person and online.