University Business ran a story today about Texas A&M's program offering free tuition to incoming freshmen who are residents of Texas.

The program is need based. Freshmen whose families make less than $60,000 a year are eligible for the free tuition offer. In-state tuition at Texas A&M is just under $8,000 a year. Recipients can still apply for other forms of financial aid to cover living expenses at the university.

Texas A&M estimates about 80 percent of its students receive some type of financial aid.

Free Tuition at Texas A&M
Photo courtesy of iStockphoto, Günay Mutlu

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