In spite of a difficult budget year, the Iowa Legislature spared the Iowa Tuition Grant (ITG) from cuts for new fiscal year, meaning the maximum grant to eligible students will remain $5,650 for the upcoming school year.
The ITG program will receive $46,630,951 for the 2018-19 state fiscal year, the same level as the previous year. The funding is administered by the Iowa College Student Aid Commission, which determines the maximum per-student grant, based on the estimated number of eligible students. The Commission has announced the per-student maximum will again be $5,650 for the academic year which starts this fall.
The Iowa Tuition Grant provides aid to students with financial need who attend any of Iowa’s private, non-profit colleges and universities. Since the program was created in 1969, nearly 600,000 grants have been made, totaling more than $1.5 billion.
Students can apply for the Iowa Tuition Grant and determine their eligibility by going to the Iowa College Student Aid Commission website