Background: Regent Partnership for Transformation and Excellence
This partnership is between Iowa students, their parents, Iowa taxpayers, public policy makers, and the Board of Regents. It consists of three key elements:
• Moderate tuition increases for Iowa students and their families.
• New incremental state funding for each of the next three years.
• Reallocated funds for strategic institutional transformation.
The objectives of this partnership plan are to:
- Assist in reaching nationally competitive salary levels to recruit and retain top faculty members in areas that are important to Iowa’s future
- Increase class offerings in areas of high student demand and of great importance to the state of Iowa
- Strengthen academic areas negatively impacted by appropriation cuts over the past five years
- Provide new academic programs vital to Iowa’s economic needs and growth potential
- Further enrich the educational experience for students
- Improve student progress toward graduation
- Effectively manage appropriate class sizes
- Continue statewide public service to Iowans inherent in the missions of the three Regent universities
The Board has strengthened its resolve to ensure public accountability by mandating that audits be specifically conducted, by both internal Regent auditors and the State Auditor, to verify the multiple aspects of this plan.
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