UNI's FY20 Appropriations Request

The FY 2020 request is $4 million for financial aid to enable tuition to stay at current levels and support affordable high-quality education for UNI students.

Nearly 90% of UNI undergraduate students are from Iowa, and 85% of those Iowa students stay in the state after they graduate to work or continue their education. In addition, approximately 50% of the undergraduate non-residents who graduate from UNI stay in the state and contribute to our skilled workforce. UNI educates Iowans for Iowa. UNI needs state appropriations to keep costs low for Iowa students and their families.

UNI is focused on providing a high-quality education while managing costs to students and taxpayers. UNI built a five-year budget model based on the university’s FY08 budget. UNI will manage a slow and steady enrollment increase, continue to look for cost savings and efficiencies, and keep our expenses at the Consumer Price Index of 1.75 percent. UNI has limited tuition flexibility; our tuition is near the median of our peers and above the median of regional competitors.

This budget enables UNI to offer reasonable and predictable tuition increases for Iowa students and their families. Though our budget anticipates an increase in out-of-state enrollment, UNI will not back away from the commitment to enroll at least the same percentage of Iowa high school graduates who attend the university.  

This $4 million request corresponds with President Nook’s five-year conservative budget model so that tuition increases can be reasonable and predictable for Iowa families. Our tuition is near the median of our peers and above the median of competitors. UNI built a five-year budget model based on the university’s FY 08 budget. UNI will manage a slow and steady enrollment increase, continue to look for cost savings and efficiencies, and keep our expenses at the Consumer Price Index of 1.75 percent. Though our budget anticipates an increase in out-of-state enrollment, UNI will not back away from the commitment to enroll at least the same percentage of Iowa high school graduates who attend the university.

 

UNI's Budget History with Budget Modeling through FY 2022