Board of Regents Sets Tuition Rates for FY2017
AMES, IA – The Board of Regents, State of Iowa approved an amended proposal for tuition increases for the three Regent Institutions, effective for the fall 2016 semester. The proposal, which originally included a $300 increase in undergraduate resident tuition, was amended to include only a $250 increase. The motion passed unanimously.
“From the time I spent in the legislature, I know adjustments sometimes need to be made," said Regent Larry McKibben, who proposed the lower increase. "I’m pleased our leadership team and the presidents heard the comments from students. There is a lot of concern out there about the increase and also on how we maintain quality on education. I’m very pleased with our leadership team finding this compromise and I strongly support it.”
All other changes to tuition, including undergraduate non-resident tuition and the University of Iowa's differential tuition proposals, remained intact.
"The good thing about multiple readings is that we get to have a variety of stakeholders weigh in," said Bruce Rastetter, President of the Board of Regents. "As public universities, we are dependent on the economy of the state of Iowa."
Rachael Johnson, student regent who attends the University of Northern Iowa, expressed hesitation in raising tuition, but agreed that the quality of education at the Regent institutions could not be downgraded.
“Raising tuition is never something that I take lightly or look forward to," Johnson said. "But often times it is necessary. When you look at the dwindling Iowa state support and the fact that all student leaders expressed support for raising tuition at the June meeting, the decision was necessary."