Statewide Iowa — The Iowa Legislature could wrap its business for the session this week, and their final budget will impact how much the students at the three state-supported universities pay in tuition.
The Board of Regents held off on setting tuition at their meeting last week as president Mike Richards reiterated the process set in the board’s new five-year-tuition model.
Richards says they want to know how much of the money they requested will be approved by state leaders.
Under the model designed to give students and parents predictability, the Regents will use a formula to set the tuition at the University of Iowa and Iowa State University.
The formula for tuition at the University of Northern Iowa is different.
It is not clear how the tuition rate would be impacted at the University of Northern Iowa if the Board of Regents does not receive the amount of state money they requested. The board is expected to hold the first reading on the tuition rates at its June meeting.
