New fundraising rules proposed for construction at UI, ISU, UNI
BPC Staff Apr 25, 2019 | 6:06 pm
<1 min read time
98 wordsAll Latest News, Education, Government Policy and Law, Statewide NewsRadio Iowa: Republican lawmakers are setting new financing requirements for construction on the public university campuses in Ames, Cedar Falls and Iowa City. Under the plan, officials at the University of Iowa and Iowa State University would have to raise 40% of the cost of building projects from federal grants or private sources. The University of Northern Iowa would be required to raise 20% of the construction costs from sources other than state tax dollars. The proposal is included in a budget bill that’s been approved by the Senate and the House and is headed to the governor.
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