A bill for an act providing for a waiver of undergraduate tuition and mandatory fees and a stipend at regents institutions for Iowa residents who receive the maximum score on certain standardized tests.

HF 154 would waive undergraduate tuition and mandatory fees at Iowa's public universities for Iowa residents who achieve the highest possible score on the ACT or SAT college readiness assessments. It also provides a $5,000 semester stipend to qualifying students. To receive these benefits, students must submit score documentation and maintain satisfactory academic progress toward graduation. The bill directly affects high-scoring Iowa students at regents institutions, creating a new financial aid pathway tied to standardized test performance.