Iowa HSB62 requires at least 50% of tuition grant funds to go to students in high-wage, high-demand majors.

Iowa HSB62 mandates that no less than 50% of funds available for the Iowa tuition grant program each fiscal year be awarded to students pursuing majors that correspond to high-wage and high-demand jobs. The workforce development board, in collaboration with the Iowa association of independent colleges and universities, must create a list of such jobs and update it at least every two years. The bill includes criteria for the list, such as an entry-level annual salary of at least $40,000 and projected annual job openings of at least 250 over the next five years.

Iowa HSB62 requires at least 50% of tuition grant funds to go to students in high-wage, high-demand majors.

Iowa HSB62 mandates that no less than 50% of funds available for the Iowa tuition grant program each fiscal year be awarded to students pursuing majors that correspond to high-wage and high-demand jobs. The workforce development board, in collaboration with the Iowa association of independent colleges and universities, must create a list of such jobs and update it at least every two years. The bill includes criteria for the list, such as an entry-level annual salary of at least $40,000 and projected annual job openings of at least 250 over the next five years.