A: The Texas Student Housing Authority is a not-for-profit; state chartered corporation established by the Town of Westlake in 1995 to purchase and manage existing student housing facilities located near the campuses of major colleges and universities. Any profits generated by the Texas Student Housing Authority are directed toward funding student scholarships to the respective colleges/universities co-located near Texas Student Housing properties.
Q: What does the Texas Student Housing Authority offer?
A: Presently, the Texas Student Housing Authority owns student housing properties near the University of Texas in Austin, at Texas State University in San Marcos, the University of North Texas in Denton and A&M University in College Station. The properties owned are the Ballpark in Austin, Town Lake in Austin, The Ridge at San Marcos, Jefferson Commons in Denton and the Cambridge at College Station. To further investigate the property in Denton click here. To visit the property at Town Lake in Austin click here. To visit the property in San Marcos click here and for the Cambridge at College Station or the Ballpark in Austin click here. Federal regulations state that the Texas Student Housing Authority can only offer lodging scholarships in the student housing facilities owned by the Corporation.
Q: How does the Texas Student Housing Authority perform its role?
A: The Texas Student Housing Authority is guided by a seven (7) member Board of Directors (Board) appointed by Westlake's Town Council. The Texas Student Housing Authority Board, operating from an established charter and by-laws, administratively manages the corporation and establishes policy regarding scholarship criteria and selection of applicants. In previous years, the Board would receive scholarship applications from graduating seniors enrolled in the Keller, Northwest and Carroll Independent School Districts. Currently the Board is receiving applications from greatly expanded locations and school districts. These incremental scholarships are allowing a geographic and ethnic diversity not possible before. Through these Board actions three to four times the number of scholarships will be awarded to deserving and needy Texas high school graduates and upperclassmen already attending who want to further their education in Texas Universities. These applications are screened and evaluated according to established criteria and incremental one-year lodging scholarships are awarded to the successful applicants. These same scholarship recipients are eligible for subsequent years scholarship support if they maintain Texas Student Housing Authority established academic and leadership standards.
