The University of Texas at Austin (UT Austin) is a public research university in Austin, Texas. It was founded in 1883 and is the flagship institution of the University of Texas System. A Public Ivy, it is a major center for academic research, with research expenditures exceeding $615 million for the 2016–2017 school year. Among university faculty are recipients of the Nobel Prize, the Pulitzer Prize, the Wolf Prize, the Primetime Emmy Award, the Abel Prize, the Turing Award, and the National Medal of Science, as well as many other awards. As of October 2019, 12 Nobel Prize winners, two Turing Award winners and two Fields medalists have been affiliated with the school as alumni, faculty members or researchers.