| University of Texas' Poorest Incoming Freshmen to Receive $20,000, Laptops and More Starting This Fall The Dell Foundation's $100 million gift to the University of Texas is a 10-year commitment to provide funds and services to Pell Grant recipients. Beginning next fall, the neediest freshmen at the University of Texas will get a boost of $20,000 in financial aid to cover their long list of college living expenses — thanks to a $100 million gift from the Michael and Susan Dell Foundation. The gift is one of the largest in the nation that directly supports Pell Grant recipients, according to higher education experts... READ MORE | 