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Bill > HF577


IA HF577

IA HF577
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.(Formerly HF 154.)


summary

Introduced
02/24/2025
In Committee
04/03/2025
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., the college readiness assessment administered by the college board, or the classical learning test developed by classic learning initiatives 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 requires the Iowa Board of Regents to provide a comprehensive financial benefit to Iowa residents who achieve the highest possible score on certain standardized college readiness tests. Specifically, students who score the maximum points on either the ACT (administered by ACT, Inc.), the College Board's assessment, or the Classical Learning Test developed by Classic Learning Initiatives will receive two key benefits: a complete waiver of undergraduate tuition and mandatory fees at regents institutions, plus a substantial semester stipend of $5,000. To continue receiving these benefits, students must maintain satisfactory academic progress toward graduation, with the board authorized to establish specific academic performance standards. The board can also request documentation proving the student's top test score as a qualification requirement. This legislation aims to recognize and financially support high-achieving Iowa students by providing significant educational financial assistance, potentially incentivizing academic excellence and helping to reduce the financial burden of higher education for top-performing students.

Committee Categories

Education

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Higher Education (House)

Last Action

Referred to Higher Education. H.J. 895. (on 04/03/2025)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=HF577
Fiscal Note - Perfect College Entrance Exam Scores, Free Tuition at Regents Universities https://www.legis.iowa.gov/docs/publications/FN/1523633.pdf
BillText https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/HF577.html
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