A bill for an act relating to tuition, degree programs, employment, and related matters pertaining to students enrolled at regents institutions.

SF 243, the "College Affordability Act," limits annual tuition increases for in-state undergraduate students at Iowa's regents institutions to 3% and requires institutions to freeze tuition for resident students after their first year of enrollment (starting in 2026). It mandates that institutions offer at least one baccalaureate degree program that can be completed in three years by 2027 and establish a "work plus" program where employers cover tuition and fees during part-time employment semesters. The bill also requires the board to notify student governments 30 days before tuition decisions and hold final approval meetings by December 31 of the prior fiscal year. These provisions directly affect in-state undergraduate students at Iowa's public universities.