The University of Houston-Victoria announced the launch of a new reduced-cost, three-year undergraduate degree program. The degree is only for undergraduate students. The normal full cost for a 120-credit hour bachelor's degree is $24,468. Each student in the three-year degree program may receive a scholarship after the end of the first two years, not all three. Students must complete the 40 credit hours and satisfy other requirements each academic year to receive the scholarship. The information regarding the technical parts of the program was incorrectly explained in an article on B1 Sunday.