Iowa HF2243 mandates the state board of regents to report on a performance-based funding model for higher education institutions.

Iowa HF2243 requires the state board of regents to submit a report to the general assembly and the governor by November 2026. The report must detail how the board could establish a performance-based funding model for institutions of higher education. The model must include factors such as graduation rates, degrees in high-demand job areas, post-graduation employment rates, post-graduation income, and the number of graduates remaining in the state. This bill aims to ensure funding is aligned with educational outcomes and labor market needs.

Iowa HF2243 mandates the state board of regents to report on a performance-based funding model for higher education institutions.

Iowa HF2243 requires the state board of regents to submit a report to the general assembly and the governor by November 2026. The report must detail how the board could establish a performance-based funding model for institutions of higher education. The model must include factors such as graduation rates, degrees in high-demand job areas, post-graduation employment rates, post-graduation income, and the number of graduates remaining in the state. This bill aims to ensure funding is aligned with educational outcomes and labor market needs.