Iowa HSB541 mandates the state board of regents to report on a performance-based funding model for higher education institutions.

Iowa HSB541 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 higher education institutions. The model must include factors such as graduation rates, degrees awarded in high-demand jobs, post-graduation employment rates, post-graduation income, and the number of graduates staying in the state after graduation.

Iowa HSB541 mandates the state board of regents to report on a performance-based funding model for higher education institutions.

Iowa HSB541 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 higher education institutions. The model must include factors such as graduation rates, degrees awarded in high-demand jobs, post-graduation employment rates, post-graduation income, and the number of graduates staying in the state after graduation.