Quote:Elon Musk is funding a new school planning to open in Austin, Texas
Associates of Elon Musk are planning to launch a new primary and secondary school, and ultimately a university, in Austin, Texas, with the help of a nearly $100 million donation from the billionaire, tax documents show.
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“The School is being designed to meet the educational needs of those with proven academic and scientific potential, who will thrive in a rigorous, project based curriculum,” the filing posted by Bloomberg states.
The school plans to initially enroll about 50 students and grow over time, according to the filing. It expects to be funded through donations and tuition fees, although it notes that the school will offer scholarships to support students who couldn’t otherwise afford to attend. The filing also noted that the group was in the process of hiring an executive director, as well as teaching and administrative staffers, and eventually plans to seek accreditation from the Southern Association of Colleges and Schools Commission on Colleges.
“The School intends ultimately to expand its operations to create a university dedicated to education at the highest levels,” according to the filing.
CNN
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