Iowa’s public university tuition is going up by how much?

Kathy A. Bolten, kbolten@dmreg.com Published 10:26 a.m. CT April 3, 2018

Undergraduate students at Iowa’s three public universities face tuition increases in the fall that average 3.4 percent, under a proposal released Tuesday by the Iowa Board of Regents.

The board has twice postponed discussion about the 2018-19 tuition rates because of uncertainty around the state of Iowa’s current and future financial situation.

Last week, Gov. Kim Reynolds signed a bill authorizing $35.5 million in mid-year cuts to balance the state’s budget. Thirty percent, or $11 million of the cuts were to the University of Iowa and Iowa State University’s budgets. Officials at the universities have not yet said where they will reduce this year’s budgets to handle the cuts.

The Legislature has not yet set the budget for the fiscal year that begins July 1.

Last fall, presidents of Iowa’s three public universities had requested a total $495.3 million in state appropriations for the 2018-19 budget year; the amount includes $12 million for student financial aid.

The proposed rate increases are expected to generate $24.9 million in additional revenue for the University Northern Iowa, Iowa State and University of Iowa.

The following are the 2018-19 proposed undergraduate tuition and fee rates for Iowa’s public universities:

University of Iowa

Current Iowa resident undergraduate tuition:  $7,486

Proposed for 2018-19:  $7,770, a 3.8 percent hike

Current out-of-state undergraduate tuition: $29,130

Proposed: $29,736, a 2.1 percent hike

Current mandatory fees for all undergraduates: $1,478.50

Proposed: $1,496.50, a 1.2 percent hike

Iowa State University

Current Iowa resident undergraduate tuition:  $7,456

Proposed for 2018-19:  $7,740, a 3.8 percent hike

Current out-of-state undergraduate tuition: $21,292

Proposed: $22,144, a 4 percent hike

Current mandatory fees for all undergraduates: $1,179.90

Proposed: $1,248.40, a  5.8 percent hike

University of Northern Iowa

Current Iowa resident undergraduate tuition:  $7,456

Proposed for 2018-19:  $7,665, a 2.8 percent hike

Current out-of-state undergraduate tuition: $17,998

Proposed: $18,207, a 1.2 percent hike

Current mandatory fees for all undergraduates: $1,243

Proposed: $1,273, a  2.4 percent hike

What’s next: The Regents will discuss the tuition proposals at their next meeting, April 11-12 at the Iowa School for the Deaf in Council Bluffs. A final vote is expected at the board’s June 5-7 meeting at the University of Northern Iowa.

https://www.desmoinesregister.com/story/news/education/2018/04/03/undergraduate-tuition-increase-iowa-board-regents-university-iowa-iowa-state-northern-iowa/474447002/

By | 2018-04-04T16:05:19+00:00 April 4th, 2018|Uncategorized|