The Board of Regents for the State of Iowa was created by the Iowa General Assembly in 1909 to govern the five public educational institutions in Iowa, which consist of The University of Iowa, Iowa State University, the University of Northern Iowa, the Iowa School for the Deaf, and the Iowa Braille and Sight Saving School. The Board of Regents set a strategic plan for 2012-2016, identifying eight goals. The board aims to increase aid for students who demonstrate need commensurate with tuition increase and by 6% at each public university in Iowa by 2016; to increase graduation rates of underrepresented minority students and the percent of undergraduate students who graduate within four years; and increase distance education enrollment 15% by 2016. The strategic plan aims to expand and diversify the Iowa economy through public universities and increase efficiency and productivity at the board-represented schools. The board also aims to exceed state academic standers in reading and mathematics at the Iowa Braille and Sight Saving School and the Iowa School for the Deaf.