Board of Regents to receive more funding from Iowa's 3 public un - KWWL - Eastern Iowa Breaking News, Weather, Closings

Board of Regents to receive more funding from Iowa's 3 public universities

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(KWWL) -

The Iowa Board of Regents needs more money to cover costs. They plan on taking millions of dollars from the state's three public universities.

A large chunk will go towards salaries.

The Iowa Board of Regents costs are going up. The Board is receiving less money from the state to cover those costs. 

The Board is also receiving less grant money.

"The Board office staff and the Board of Regents has critical oversight responsibilities for the Regents' enterprise," said Josh Lehman, Director of Communications for the Board of Regents. "The three public institutions and the two special schools that oversight is critical for such a huge enterprise."

One reason costs are going up, the Board's Chief Operating Officer is now being paid by the Board of Regents. The University of Iowa used to cover those costs.

This all comes after the Board of Regents approved a tuition increase at all three universities. Tuition is going up about $250 a year, slightly less than the original proposal of a $300 increase.

"Public education and higher education is of great importance, and there is a cost that goes along with that," said Lehman.

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