Iowa residents scoring maximum on ACT or SAT receive tuition and fee waivers and a $5,000 stipend per semester at regents institutions.

This bill provides for a waiver of undergraduate tuition and mandatory fees and a stipend of $5,000 per semester for Iowa residents who achieve the maximum score on the ACT or SAT. The board of regents may require documentation of the score to qualify for the waiver and stipend. Students must maintain satisfactory academic progress to continue receiving the benefits.

Iowa residents scoring maximum on ACT or SAT receive tuition and fee waivers and a $5,000 stipend per semester at regents institutions.

This bill provides for a waiver of undergraduate tuition and mandatory fees and a stipend of $5,000 per semester for Iowa residents who achieve the maximum score on the ACT or SAT. The board of regents may require documentation of the score to qualify for the waiver and stipend. Students must maintain satisfactory academic progress to continue receiving the benefits.