The University of Northern Iowa has frustrated many of its donors with an insurance program that turned out to violate federal tax laws, The Des Moines Register reported. The program -- a group insurance offering -- was supposed to be a benefit available to donors to an athletic scholarship fund. But the university spent years fighting with the insurance company over specifics, and only this year determined that the effort violated federal law. The university may now owe up to $170,000 in back taxes, and nearly 1,700 donors may have lost more than $6 million in accumulated insurance, the Register reported.
- Dutch Ph.D. students protest proposed shift in their status
- Quick Takes: 3 More Lenders Settle With Cuomo, Emerson Fires Dean, General Counsel Threatens Suit Against President, Motive Seen for Graduation Threats, MiraCosta President Quits, Second Search Yields Iowa President, $150M for UCSF
- Quick Takes: Bridgepoint Buys Another College, $100 Million for Baylor College of Medicine, Iowa University Chiefs Call for Arming Police, Hawaii Coach Alleges Gender Bias, Explosive Decision at Nebraska, Probe in NJ, Sexual Health Rankings
- Pecking Order
- Quick Takes: New Mexico Highlands Settles With Ex-Professor, 'Cyberinfrastructure' in Humanities and Social Sciences, Mich. Supreme Court Shields University Documents, Israel Accuses Akron Professor of Spying, Affirmative Action at Oxford
Search for Jobs
Popular Job Categories