The Hemisfair campus, also located in downtown San Antonio, is the third branch of UTSA and holds the 182,000 square meter Institute of Texan Cultures. It hosts the Texas Folk Festival, an annual event that celebrates the different cultures of Texas and their role in the multicultural state. The ITC (as everyone knows) was originally built as a $10 million project for HemisFair `68, with the stated goal of promoting awareness of Texas` history and ethnic diversity.   It was awarded to the University of Texas at the end of the World`s Fair and was designated as an UTSA campus in 1986.  It serves as a valuable asset for historical research and houses both the UTSA archives and an impressive collection of historical photographs with more than 3 million images.  In 2010, the ITC formalized an agreement with the Smithsonian institution to obtain subsidiary status. As a subsidiary of the Smithsonian, the Institute has access to much of its vast resources, such as workshops, speakers and programs.  Funding for the ITC is mainly provided through legislation, entrance fees, grants and contributions.  The City of San Antonio is currently developing a long-term strategic plan for Hemisfair Park, and the university is still considering several options for its own vision of the facility.
 As utSA continues to grow and grow, the Institute will become a nationally recognized research organization of the same calibre.  Candidates in the summer and fall demonstrating leadership potential and financial needs can benefit from the Terry Scholarship. Newcomers must be admitted before January 1 to be considered. Once admitted to university, the most competitive candidates are invited to apply. For more information and eligibility criteria, see terryscholars.utsa.edu. Students who transfer 24 to 66 semi-annual credits from one of Alamo`s five colleges with an AMP of 3.0 will automatically be considered for this $1,000 per year ($500 per semester) scholarship. Funding for this scholarship is limited, so that the bonuses come first, are served first, on the basis of the eligibility of the students and the closest date of admission to the university, until the funding is exhausted. Note: This is a non-renewable scholarship. A articulation agreement is an officially approved agreement between two institutions; with the ultimate goal of creating a seamless transfer between the Alamo College District and the partner university, while minimizing duplication. The initial acceptance rate of students, a common measure of institutional selectivity, was 60% in the fall of 2013.