House File 154 - Introduced HOUSE FILE 154 BY SIEGRIST A BILL FOR An Act providing for a waiver of undergraduate tuition and 1 mandatory fees and a stipend at regents institutions for 2 Iowa residents who receive the maximum score on certain 3 standardized tests. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 1864YH (4) 91 je/jh
H.F. 154 Section 1. Section 262.9, Code 2025, is amended by adding 1 the following new subsection: 2 NEW SUBSECTION . 39. Direct the institutions of higher 3 learning governed by the board to waive undergraduate tuition 4 and mandatory fees for a resident of Iowa who receives the 5 maximum score possible on the college readiness assessment 6 administered by ACT, inc., or the college readiness assessment 7 administered by the college board and to provide the student 8 with a stipend of five thousand dollars per semester. The 9 board may require that documentation of the score be provided 10 in order to qualify for such a waiver and stipend. A student 11 must make satisfactory academic progress toward graduation in 12 order to continue to receive such a waiver and stipend. The 13 board may establish standards for such progress. 14 EXPLANATION 15 The inclusion of this explanation does not constitute agreement with 16 the explanations substance by the members of the general assembly. 17 This bill requires regents institutions to waive 18 undergraduate tuition and mandatory fees for a resident of 19 Iowa who receives the maximum score possible on the college 20 readiness assessment administered by ACT, inc., or the college 21 readiness assessment administered by the college board and to 22 provide the student with a stipend of $5,000 per semester. The 23 board may require that documentation of the score be provided 24 in order to qualify for such a waiver and stipend. A student 25 must make satisfactory academic progress toward graduation in 26 order to continue to receive such a waiver and stipend. 27 -1- LSB 1864YH (4) 91 je/jh 1/ 1