Undergraduate Business

Tuition Supplement FAQ

What is the supplement used for? Increased Financial aid – 15% is set aside for Tippie College of Business Students. Enhanced academic options – double majors, hiring more faculty and increased sections of popular courses, and expansion of study abroad opportunities. Expanded student services – doubled advising staff, specialized programming, additional office hours, on-line appointment scheduling, and more College events and activities.
How much is the supplement? The supplement is calculated as a percentage of your tuition (27.9 % for residents and 8.1% for non residents) and is included in your total tuition and fees. It will differ from year to year depending on the amount of tuition. Below are the supplement charges by academic year for full-time resident and non-residents:

2009-10
Resident: $781
Non Resident: $807

2008-09
Resident: $750
Non Resident: $750

Who pays the supplement? The supplement is paid by students who have attained junior status or higher and are enrolled in the Tippie College of Business. A student reaches junior status when he or she earns 60 hours of credit (60 total cumulative hours).
What if I’m enrolled part-time? The supplement is prorated.
How do I apply for financial aid? You should apply for financial aid through the Office of Student Financial Aid.
I’m admitted to the College, but I am not taking any business courses this semester, do I have to pay the supplement? You will pay the supplement if you are admitted to the Tippie College of Business, you have earned 60 or more total cumulative hours of credit and you are enrolled at The University of Iowa.
Is the supplement charged for summer session? Yes, the supplement is charged for the summer session, but is prorated based on how many hours are taken.
Why is the supplement only being assessed on Juniors and Seniors? The supplement is being used to expand course offerings at the junior and senior level. Since these course are more costly to offer, the supplement is being paid by juniors and seniors.
Is the supplement the same for both residents and nonresidents? Because the supplement is based on a percentage of the tuition you pay, the actual supplement amount for residents and non residents will vary according to the tuition charged.