Board of Regents: Freezing tuition could cost $14.5 million - KWWL - Eastern Iowa Breaking News, Weather, Closings

Board of Regents: Freezing tuition could cost $14.5 million

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IOWA CITY (AP) -

A memo from the Iowa Board of Regents says freezing tuition rates for all students next year would cost $14.5 million in lost revenue for the state's three public universities.

The Iowa Board of Regents is scheduled to set tuition rates Dec. 3.

Key members have indicated they would like to freeze tuition for a third straight year for resident undergraduate students, and are considering whether to extend the freeze to nonresident and graduate students.

A memo released Tuesday says the resident undergraduate freeze would reduce revenues by $4.5 million. Extending the freeze to all students would cost another $10 million.

University of Iowa President Sally Mason and Iowa State University President Steven Leath said Tuesday they can handle a resident undergraduate freeze, but broadening it would be difficult.

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