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IA HF154

IA HF154
A bill for an act providing for a waiver of undergraduate tuition and mandatory fees and a stipend at regents institutions for Iowa residents who receive the maximum score on certain standardized tests.(See HF 577.)


summary

Introduced
01/30/2025
In Committee
01/30/2025
Crossed Over
Passed
Dead

Introduced Session

91st General Assembly

Bill Summary

This bill requires regents institutions to waive undergraduate tuition and mandatory fees for a resident of Iowa who receives the maximum score possible on the college readiness assessment administered by ACT, inc., or the college readiness assessment administered by the college board and to provide the student with a stipend of $5,000 per semester. The board may require that documentation of the score be provided in order to qualify for such a waiver and stipend. A student must make satisfactory academic progress toward graduation in order to continue to receive such a waiver and stipend.

AI Summary

This bill proposes to require Iowa's Board of Regents to provide a comprehensive financial benefit to Iowa residents who achieve the maximum score on either the ACT or College Board's college readiness assessments. Specifically, the bill mandates that regents institutions (which include state universities like the University of Iowa) must completely waive undergraduate tuition and mandatory fees for such high-achieving students. Additionally, these students would receive a substantial stipend of $5,000 per semester. To continue receiving these benefits, students must maintain satisfactory academic progress toward graduation, with the Board of Regents empowered to establish specific standards for what constitutes acceptable academic progress. The Board can also require students to provide documentation proving their maximum test score. This bill appears designed to incentivize and reward exceptional academic performance by providing significant financial support to students who demonstrate outstanding achievement on standardized college readiness exams.

Committee Categories

Education

Sponsors (1)

Last Action

Committee report approving bill, renumbered as HF 577. (on 02/24/2025)

bill text


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