University of Texas Plans to Award NIL Donors Loyalty Points

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The University of Texas athletic department has announced that current Longhorn Foundation members will earn loyalty points for any NIL donations starting July 1.

“It’s just another great asset for us,” executive director Patrick Smith told On3 in a phone interview Monday. “Not only are we doing good things in the community, not only are we helping our student-athletes, we’re also giving donors the benefit which is a game-changer. As of now, it’s still a tax-deductible donation. The ability for them to get a tax deduction and loyalty points is a really good thing.”

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