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University of Iowa News Release

 

April 15, 2010

Supplemental appropriation bill results in tuition surcharge refund for UI students

With today’s signing of a supplemental appropriation bill for the University of Iowa by Iowa Gov. Chet Culver, UI students can expect to receive full refunds of the $100 tuition surcharge applied earlier this year.

The signing into law of SF 2366, a bill that provided the UI with nearly $14.4 million in supplemental, one-time support to the general education fund, will enable the university to address a number of academic priorities and critical facilities needs over the next several months.

The highest priority is to reimburse approximately $2.4 million charged to students during the height of the current fiscal crisis. Upon the governor’s signing of the bill, the university planned to immediately begin processing the $100 credit to each student’s university account.

“As we continue to weather difficult economic times, the University of Iowa must continue to confront budget challenges as a community,” UI President Sally Mason said. “We’ve worked hard to ensure that students always bear the smallest share of the burden for addressing cuts.

“Thanks to today’s action by Gov. Culver and the state legislature, we are able to stay true to that philosophy, and pay back our students for their unwavering trust in the quality of a University of Iowa education.”

The surcharge was considered a “measure of last resort,” according to Mason, and was applied to address inflationary pressures and maintain educational programs for the current fiscal year in the face of a $23.5 million cut in state funding to the university absorbed last fall.

With the supplemental appropriation restoring some of that cut on a one-time basis, refunding the mid-year surcharge was made possible.

STORY SOURCE: University of Iowa News Services, 300 Plaza Centre One, Suite 371, Iowa City, Iowa 52242-2500.

MEDIA CONTACT: Tom Moore, 319-356-3945, thomas-moore@uiowa.edu