The University of Iowa reinstated legacy scholarships for current students and students entering in Fall 2017, according to a Wednesday news release.
The university had previously decided to cut the scholarships, affecting about 3,000 students, following a decision by the Iowa Legislature to take back $20.8 million from the Board of Regents — including $9.2 million from the University of Iowa — midway through the budget year.
The scholarships include:
- Iowa Heritage Award
- Iowa Heritage Transfer Award
- President’s Heritage Award
- 2 Plus 2 Transfer Scholarship
- Iowa Community College Transfer Academic Scholarship
The scholarships represent about $4.3 million in non-merit and non-needs based aid. The scholarships will be discontinued for new students starting in 2018 in an effort to focus on need-based and merit-based awards, the press release from the UI Office of Strategic Communication said.
“Over the past few days, we heard from many families who were unaware that these were renewable scholarships reliant on state support,” the statement continued. “Though these were never need based, we also heard from families who budgeted for college based on these scholarships and feared financial hardship with the programs’ elimination.”
At least two lawsuits were filed earlier this week against the university in response to the initial decision to pull the aid.