The Cockrell School of Engineering at the University of Texas at Austin has more than 7,800 students enrolled in nine undergraduate degrees and thirteen graduate programs. The college is ranked fourth in the world according to the Academic Ranking of World Universities and eighth nationally by U.S. News & World Report, while all graduate programs are ranked in the top twenty nationally. Annual research expenditures are over $150 million and the school has the fourth-largest number of faculty in the National Academy of Engineering.Previously known as the College of Engineering, on July 11, 2007, the University of Texas at Austin renamed the College after 1936 graduate Ernest Cockrell Jr., whose family has over the past 30 years helped to build a $140 million endowment for the College.Undergraduate departmentsRankings, in parentheses, taken from the 2017 edition of U.S. News & World Report unless otherwise specified. Overall:10th* Aerospace (8th)* Architectural (1st) Biomedical (14th) Chemical (3rd)* Civil (4th)* Computer (7th)* Electrical/Electronic (9th)* Environmental (7th) Mechanical (9th)* Petroleum/Geosystems (1st) *from 2017 edition of U.S. News & World ReportGraduate departmentsOverall: 8th Petroleum Engineering (1st) Civil Engineering (3rd) Environmental Engineering (4th) Architectural Engineering (2nd) Chemical Engineering (7th) Aerospace/Aeronautical Engineering (10th) Computer Engineering (5th) Electrical/Electronic Engineering (9th) Mechanical Engineering (11th) Biomedical Engineering (17th)