Actor and former politician Arnold Schwarzenegger is terminating the fee for his 2017 commencement address at the University of Houston.

The university announced Schwarzenegger as the speaker earlier this week.

Hasta la vista, Coogs. May 12. 🐾 pic.twitter.com/p6IsRKnBo7

— UniversityofHouston (@UHouston) March 21, 2017

Schwarzenegger will give his address during graduation on May 12. Records showed the university would pay Schwarzenegger $40,000 for his speech, but Schwarzenegger on Thursday said he will waive the fee.

Photos: Arnold Schwarzenegger to give UH commencement address