§ 256.191 — Iowa tuition grants — for-profit institutions — fund

Iowa § 256.191

• Jurisdiction: Iowa
• Title VII: EDUCATION, HISTORY, AND CULTURE
• Ch. 256: DEPARTMENT OF EDUCATION

Text

1. Students qualified. A tuition grant from moneys appropriated under section 256.194,
subsection 2, may be awarded to a resident of Iowa who is admitted and in attendance as a
full-time or part-time resident student at an eligible institution and who establishes financial
need.
2. Extentofgrant. Aqualifiedfull-timeresidentstudentenrolledinaneligibleinstitution
that meets the criteria of section 256.183, subsection 3, may receive tuition grants for not
more than four semesters or the equivalent of two full years of study. However, if a student
resumes study after at least a two-year absence, the student may again be eligible for the
specified amount of time, except that the student shall not receive assistance for courses for
which credit was previously received.
3. Amount of grant.
a. The amount of a tuition grant to a qualified full-time student for the fall and spring
semesters, or the equivalent, shall be the amount of the student’s financial need for that
period. However, a tuition grant shall not exceed six thousand dollars.
b. The amount of a tuition grant to a qualified full-time student for the summer semester
or equivalent shall be one-half the amount of the tuition grant the student receives under
paragraph “a”.
c. The amount of a tuition grant to a qualified part-time student enrolled in a course of
study including at least three semester hours but fewer than twelve semester hours for the
fall, spring, andsummersemesters, ortheequivalent, shallbeequaltotheamountofatuition
grant that would be paid to a full-time student times a number which represents the number
of hours in which the part-time student is actually enrolled divided by twelve semester hours,
or the equivalent.
d. If a qualified student receives financial aid under any other program, the full amount
of such financial aid shall be considered part of the student’s financial resources available in
determining the amount of the student’s financial need for that period. In no case may the
state’s total financial contribution to the student’s education, including financial aid under
any other state or federal program, exceed the tuition and mandatory fees at the eligible
institution the student attends.
4. Grant payments — attendance discontinued.
a. Payments under the tuition grant shall be allocated equally among the semesters or the
equivalentandshallbepaidatthebeginningofeachsemesterorequivalentuponcertification

by the eligible institution that the student is admitted and in full-time or part-time attendance
in a course of study.
b. Ifthestudentdiscontinuesattendancebeforetheendofanysemester,ortheequivalent,
after receiving payment under the grant, the entire amount of any refund due that student,
up to the amount of any payments made under the annual grant, shall be paid by the eligible
institution to the state.
5. Commission responsibilities. The commission’s responsibilities for administering
tuition grants under this section shall be the same as provided under section 256.189. The
commission may require an eligible institution to promptly furnish any information which
the commission may request in connection with the tuition grant program.
6. Grantapplications. Each applicant for a tuition grant under this section shall meet the
requirements of section 256.190.
7. Reports to commission. An eligible institution shall file annual reports with the
commission, as required by the commission and under section 256.183, prior to receipt of
tuition grant moneys under this part.
8. Fund established. An Iowa tuition grants for-profit institutions fund is established in
the state treasury. The fund shall be administered by the commission and shall consist of
moneys appropriated by the general assembly and other moneys received by the commission
for deposit in the fund. The moneys in the fund are appropriated to the commission for
purposes of providing tuition grants to qualified students who are enrolled in eligible
institutions. Notwithstanding section 8.33, moneys in the fund at the close of the fiscal year
shall not revert to the general fund of the state but shall remain available for expenditure
for purposes of providing tuition grants to qualified students who are enrolled in eligible
institutions for subsequent fiscal years. Notwithstanding section 12C.7, subsection 2, interest
or earnings on moneys in the fund shall be credited to the fund and are appropriated to the
commission for purposes of administering any scholarship or grant program described in
this subchapter VII, part 4.

Legislative History

[C75, 77, 79, 81, §261.17]