The University of Texas System (UT System) is an American government entity of the state of Texas that includes 13 higher educational institutions throughout the state including eight universities and five independent health institutions. A ninth university will join the system at the start of the 2023–24 academic year. The UT System is headquartered in Downtown Austin. Its total enrollment of nearly 240,000 students is the largest university system in Texas. It employs 21,000 faculty and more than 83,000 health care professionals, researchers and support staff. The UT System's $30 billion endowment (as of the 2019 fiscal year) is the largest of any public university system in the United States. In 2018, Reuters ranked the UT System among the top 10 most innovative academic institutions in the world.
