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Bill > HF867
IA HF867
IA HF867A bill for an act requiring that a portion of funds for the Iowa tuition grant be awarded to students pursuing majors leading to high-wage and high-demand jobs and including effective date provisions.(Formerly HSB 62.)
summary
Introduced
03/07/2025
03/07/2025
In Committee
04/03/2025
04/03/2025
Crossed Over
Passed
Dead
Introduced Session
91st General Assembly
Bill Summary
This bill requires the college student aid commission to award no less than 50 percent of the funds available for Iowa tuition grants each fiscal year to students pursuing majors that correspond to high-wage and high-demand jobs. The bill requires the workforce development board, in collaboration with the Iowa association of independent colleges and universities, to create a list of high-wage and high-demand jobs for this purpose and establishes criteria for the list. The provision requiring the workforce development board to create the list takes effect upon enactment.
AI Summary
This bill requires the Iowa Workforce Development Board to collaborate with the Iowa Association of Independent Colleges and Universities to create and periodically update a list of high-wage and high-demand jobs for the purpose of awarding Iowa tuition grants. The list must include jobs with an entry-level annual salary of at least $40,000, requiring at least a bachelor's degree or an initial teaching license, and either having at least 250 projected annual job openings in the next five years or a projected annual job growth of at least 1%. The College Student Aid Commission must then award no less than 50% of available tuition grant funds each fiscal year to students pursuing academic majors that correspond to these high-wage and high-demand jobs. The provision creating the job list will take effect immediately upon enactment, with the goal of directing state financial aid toward career paths that offer strong employment opportunities and competitive salaries. This approach aims to align educational funding with workforce needs and support students in pursuing economically promising careers.
Committee Categories
Education
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Higher Education (House)
Last Action
Referred to Higher Education. H.J. 896. (on 04/03/2025)
Official Document
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=HF867 |
| BillText | https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/HF867.html |
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