This bill amends Section 262.9 of the Iowa Code to mandate that each institution of higher education governed by the state board of regents establish a policy ensuring that the tuition charged to resident undergraduate students during their first academic year of enrollment will remain constant in subsequent academic years. This policy is applicable to students whose first academic year begins in or after 2027. Additionally, for students who enter with sufficient academic transfer credits allowing them to complete a baccalaureate degree in less than four years, the tuition freeze will only apply for the number of years necessary to complete their degree, rounded up.

The bill also specifies that this tuition policy does not extend beyond three consecutive academic years following a student's first year of enrollment. This legislative change aims to provide financial stability for resident undergraduate students by preventing tuition increases during their course of study, thereby making higher education more accessible and predictable for families.

Statutes affected:
Introduced: 262.9