The Board of Regents in Iowa, a governing body composed of nine citizen volunteers, oversees the state's three public universities: the University of Iowa, Iowa State University, and the University of Northern Iowa (UNI). Established over a century ago, the board is responsible for policy making, coordination, and general oversight of these institutions.

Members of the Board of Regents are appointed by the governor and confirmed by the Iowa Senate, serving staggered six-year terms. The board elects a president and a president pro tem every two years, ensuring a diverse representation, including one student member from one of the universities. Additionally, no more than five members can belong to the same political party, promoting a balanced approach to governance.

The board is mandated by Iowa code chapter 262 to meet at least four times a year, with all meetings being public unless closed sessions are permitted under Iowa's open meetings law, such as for personnel discussions or pending litigation. Its responsibilities include approving significant business and financial matters, such as tuition and fee levels, bonds, and investment policies. The board also reviews and approves academic programs, institutional missions, and strategic plans, ensuring that new policies, leadership hires, and construction projects receive its endorsement.

This centralized governance model allows the Iowa Board of Regents to operate efficiently, making it one of the leanest higher education governing bodies in the United States. By fostering cooperation among the three universities, the board supports their mission of providing quality, affordable higher education while also contributing to economic development in collaboration with both public and private sectors.