Iowa § 261A.2 Declaration of purpose

Iowa Statutes

§ 261A.2 — Declaration of purpose

Iowa § 261A.2

Title VIIEDUCATION, HISTORY, AND CULTURE

Ch. 261AHIGHER EDUCATION LOAN AUTHORITY (PRIVATE INSTITUTIONS)

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Bluebook

Iowa Code § 261A.2 (2026).

Text

It is declared that for the benefit of the people of the state of Iowa, the conduct and increase
of their commerce, the protection and enhancement of their welfare, the development of
continued prosperity and the improvement of their health and living conditions, it is essential
that this and future generations of youth be given the fullest opportunity to learn and to
develop their intellectual and mental capacities and skills; that to achieve these ends it is of
the utmost importance that students attending institutions of higher education located in
Iowa have reasonable financial alternatives to enhance their access to such institutions; that
§261A.2, HIGHER EDUCATION LOAN AUTHORITY (PRIVATE INSTITUTIONS) 2
reasonable financial access to institutions of higher education will assist youth

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It is declared that for the benefit of the people of the state of Iowa, the conduct and increase
of their commerce, the protection and enhancement of their welfare, the development of
continued prosperity and the improvement of their health and living conditions, it is essential
that this and future generations of youth be given the fullest opportunity to learn and to
develop their intellectual and mental capacities and skills; that to achieve these ends it is of
the utmost importance that students attending institutions of higher education located in
Iowa have reasonable financial alternatives to enhance their access to such institutions; that
§261A.2, HIGHER EDUCATION LOAN AUTHORITY (PRIVATE INSTITUTIONS) 2
reasonable financial access to institutions of higher education will assist youth in achieving
the optimum levels of learning and development of their intellectual and mental capacities
and skills; that it is the purpose of this chapter to provide a measure of assistance and an
alternative method to enable students and the families of students attending institutions
of higher education located in Iowa to appropriately and prudently finance the cost or a
portion of the cost of higher education; and that it is the intent of this chapter to supplement
federal guaranteed higher education loan programs, other student loan programs, and grant
or scholarship programs to provide the needed additional options for the financing of a
student’s higher education in execution of the public policy set forth above.
[82 Acts, ch 1031, §2]