The 40 Acres Scholars Program is a new scholarship by the University of Texas at Austin community to recruit and recognize exceptional students, enriching their lives and nurturing their development as future leaders. The 40 Acres Scholars Program will give the University a competitive advantage in attracting the nation's most talented students.

Creating these scholarships will advance the core purpose of the University: to transform lives for the benefit of society. These students will be encouraged to fully explore their talents and aspirations, understanding that these great opportunities create even greater responsibilities to make the state, nation and world better places. Over the course of their college careers, 40 Acres Scholars will realize their potential using UT's core values as a guide.

The Texas Exes are proud to announce that extremely high-achieving incoming freshmen in 2011 will be the first students eligible to apply for the new 40 Acres Scholarship, a 4-year merit scholarship program for students attending The University of Texas at Austin.

All 40 Acres Scholars will receive funding for:

• Tuition and mandatory fees
• Housing and food
• Books
• A living stipend
• Additional funding for enrichment activities, including a service learning project after the freshman year, study abroad and research/internships.