Regents to discuss University of Iowa funding increase
September 7th, 2015 by Ric Hanson
DES MOINES, Iowa (AP) — Iowa Board of Regents President Bruce Rastetter says he plans to ask the Iowa Legislature for an additional $4.5 million in funding for the University of Iowa for next year. Rastetter says in a statement released Monday he’ll bring up the issue at Wednesday’s board meeting.
He says after meeting with faculty, staff, students and incoming President Bruce Harreld, whose controversial appointment was approved Thursday, it is clear “additional funding to support the long-term reinvestment in the core mission of teaching and research is needed.”
He says additional money is critical for the university “to continue to provide the highest quality education to our students.” Earlier this month documents indicated the regents planned to seek additional funding for the University of Northern Iowa and Iowa State University but not Iowa.