Board Expresses Appreciation for Senate Education Budget
The Iowa Senate education budget approved today provides a 1.75% increase in the general operating line item for each of Iowa’s public universities. In addition, the Senate recognizes Iowa State’s record setting enrollment, as well as the high percentage of resident students at the University of Northern Iowa, by appropriating an additional $2 million for Iowa State and an additional $5.4 million for UNI.
"The Board appreciates the Senate's willingness to provide a 1.75% inflationary increase to each university's operating budget, which guarantees a third consecutive tuition freeze, while also holding the University of Iowa harmless," stated Board of Regents President Bruce Rastetter.
"In addition, the Board further appreciates the Senate's recognition of the unique budget circumstances facing the University of Northern Iowa and Iowa State University. Based on that reality, we look forward to continuing to work with the General Assembly and the Governor to realize the Board's legislative priorities including a modest 1.75% inflationary increase, full implementation of the Performance Based Funding model, and holding the University of Iowa harmless," added President Rastetter.
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Contact: Sheila Koppin (515) 281-333