Bill > HF440

This bill, known as the "College Affordability Act," introduces several measures aimed at making higher education more accessible and affordable at Iowa's regents institutions. First, the bill requires the Board of Regents to make final decisions on tuition increases no later than April 30 of the previous fiscal year, ensuring earlier notification for students. The bill also directs each institution to develop at least one three-year baccalaureate degree program, potentially reducing the time and cost of obtaining a college degree. Additionally, the institutions must implement a work-study program where employers financially support a student's tuition and mandatory fees during semesters of employment. Lastly, the bill mandates a comprehensive study on establishing a tuition-freeze policy for resident undergraduate students, where the initial year's tuition rate would remain constant for three consecutive academic years. The study will explore potential enrollment increases, technical feasibility, implementation costs, and examine similar policies in other states. The Board of Regents is required to submit a report on this study to the governor and general assembly by November 30, 2025, with the bill set to take effect on July 1, 2025.

Education

Higher Education (House)

https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=HF440