Regents approve ISU budget cuts - James Pusey, Ames Tribune

The Iowa Board of Regents approved a strategy to cut $24.5 million from Iowa State University’s budget at their meeting yesterday in Cedar Falls. ISU President Greg Geoffroy proposed a $100 tuition increase for the spring semester, a temporary reduction in employee retirement benefits and temporary layoffs implemented on a graduated scale based on salary. A motion to preliminarily approve the $100 spring tuition surcharge for full-time students passed with a vote of 5-4, and a final vote on the surcharge will take place at the regents’ next meeting in December.