Regents to request $39.5 million from the state

Dan Mackenzie

The Iowa Board of Regents plans to request $39.5 million from the state to replace funding for the tuition set-aside program this Wednesday.

The switch will take place over the course two years, after which students in Iowa would see their tuition decrease by the same amount that was previously used to fund the program. For ISU students, this could be as much as 22 percent, which currently represents the amount that is currently assessed.

The board noted that Iowa is the only state that does not have have a dedicated need-based financial aid program for public university students, although there is such a program for students attending private universities.