Tuition rates at Iowa’s three public universities has increased 30 percent since the 2009-10 academic year. Rates are expected to jump again for the 2018-19 academic year.
Kathy A. Bolten/The Register
Attending the University of Iowa will cost more next year following Thursday’s Board of Regents meeting.
Regents approved tuition increases at each of its three public universities Thursday, citing the concerns about the level of funding the university system is receiving from the state.
Next year, resident undergraduate UI students will face a 3.8 percent base tuition hike. Nonresident undergraduate UI students will face a 2.1 percent increase.
The increase means resident undergraduate students will pay $284 more during the 2018-19 school year for a total of $7,770 in base tuition. Nonresident undergraduate students will pay an additional $606 more for a total of $29,736.
Graduate tuition rates are also going up at UI, but what students pay will depend on the program they are enrolled in.
Generally, regents approved a 3.8 percent base tuition hike for resident graduate UI students and a 2 percent increase for nonresident graduate students. Looking only at the base tuition, this means resident graduate students will pay $358 more for a total of $9,785 while nonresident graduate students will pay an additional $563 more for a total of $28,726.
But there are exceptions. Namely, university officials proposed adjusting the tuition of some programs so that there is less of a gap between the UI tuition rate and that of universities UI considers its peers.
Tuition for resident medical students will not increase, but tuition for Tippie College of Business graduate students along with College of Pharmacy graduate students will increase by more than the base tuition increase.
The university is now requiring a tuition supplement of $10,948 for resident students and $4,855 for non-resident students in the new master’s program in finance, bringing the total tuition for each to $20,733 and $33,581, respectively. For students in the master’s program for business analytics, UI is requiring a new supplement of $9,773 for resident students and $3,637 for non-resident students, bringing the total tuition for each to $19,558 and $32,363, respectively.
Tuition will increase by 5.8 percent in the College of Pharmacy.
Regents approved the tuition increases, calling them necessary after two years of mid-year budget cuts. Regent Larry McKibben specifically described the level of state funding as the “worst government attack on our public universities” during his tenure on the board, before voting in favor of a tuition hike Thursday.
“That’s me calling it that, nobody else, but I view it that way when we are taking three great universities downhill,” he said. “And for me as a board member to see that happen is extremely difficult.”
Reporter Aimee Breaux covers education for the Press-Citizen. Reach her at [email protected] or 319-887-5414, and follow her on Twitter @aimee_breaux.
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