IOWA CITY — Months after the University of Iowa originally planned to allocate millions toward its strategic plan from last year’s blockbuster $1.165 billion public-private utilities partnership, officials Thursday said they’ve decided how to use the first $7.5 million distribution of investment revenue.The money — pulled from a $985.9 million endowment investment the university made in March after shaving millions off its partner’s upfront lump payment to cover debts, consultant fees, and employee training — will support initiatives to bolster student success and retain faculty.

Sections:  u.s.   
Topics:  Iowa   Linn County   Cedar Rapids   
RELATED ARTICLES
BING NEWS:
  • Black Hills Energy Seeking Rate Increase From Iowa Utilities Board
    Black Hills Energy is seeking an increase in natural gas rates. If approved by the Iowa Utilities Board, the average residential customer would see an increase of […] ...
    05/4/2024 - 9:08 pm | View Link
  • What's in Iowa's $8.9 billion state budget for the coming year? We break it down:
    Changes to special education funding, a pay bump for judges and money for state park maintenance — just a few of the items tucked into Iowa's $8.91 billion budget for the ... and Financial Services, ...
    04/24/2024 - 1:05 am | View Link
  • University of Iowa hosts its 28th Annual Powwow on Saturday
    JOHNSON COUNTY, Iowa (KCRG) -People from around Eastern Iowa will gather at the Johnson County Fairgrounds on Saturday for the 28th Annual University of Iowa Powwow. The event aims to showcase and ...
    04/20/2024 - 4:27 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News