Please refer to wiki for more details. For most of college students, IQ is not a limiting factor.
https://en.wikipedia.org/wiki/Limiting_factor
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Limiting factor
A limiting factor of a system is an input or variable such that a small change in it from the present value would cause a non-negligible change in an output or other measure of the system. A factor which is not limiting over a certain domain of starting conditions may yet be limiting over another domain of starting conditions, including that of the factor in question.
The identification of a factor as limiting is of use only in distinction to one or more other factors which is/are non-limiting. Disciplines differ in their use of the term as to whether they allow the simultaneous existence of more than one limiting factor (which may then be called "co-limiting"), but they all require the existence of at least one non-limiting factor when the terms are used. When all factors are limiting, none are.
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