How can the Regent universities build new facilities when state funding is being cut?

Funds for capital projects provided by the state often cannot be used for other purposes, such as paying salaries or providing financial aid. For example, the Iowa General Assembly approves funds for facilities separately from funds for operations, and those facilities funds must be used for the specific purpose identified in the legislation. Many private gifts are designated by donors for buildings and also cannot be used for other purposes.

« Back