University Of Iowa Athletics To Give University $2 Million
IOWA CITY, Iowa (AP) – University of Iowa officials say its athletics department will give $2 million to the school this year.
The announcement comes over a year after university President Bruce Harreld asked the department to find ways to use its revenue to further the institution’s core academic goals.
The funds are less than 2 percent of the athletic department’s nearly $120 million budget and will be spent on recreational services, diversity programming and student life.
The department also gave the university $2 million last year.
The state’s three public universities have lost more than $30 million due to funding reductions by state lawmakers.