$3,000 a year for up to four years
Up to four years, or until you receive your bachelor’s degree (whichever comes first), provided you maintain continuous full-time enrollment at the University of Iowa (fall and spring terms), and meet the scholarships standards for renewal. National Merit Scholars must meet the National Merit Corporation standards for renewal. National Hispanic scholars must maintain a 3.00 cumulative UI GPA. Renewal reviews are done at the end of each semester.