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MN HF3733

Bill

Official Source

Status

Introduced

3/31/2016

Primary Sponsor

Bud Nornes

Click for details

Origin

House of Representatives

89th Legislature 2015-2016

AI Summary

  • Reduces assigned family responsibility percentages for dependent students from 96% to 89% of parental contribution
  • Reduces assigned family responsibility for independent students with dependents from 86% to 79% of student contribution
  • Reduces assigned family responsibility for independent students without dependents from 50% to 43% of student contribution
  • Lowers assigned student responsibility minimum from 50% to 48.9% of cost of attendance for calculating state grant stipends
  • Maintains $100 minimum annual financial stipend and existing deductions for federal Pell grants

Legislative Description

State grant amounts recalculated.

Last Action

Authors added Hoppe and Johnson, C.

4/21/2016

Committee Referrals

Higher Education Policy and Finance3/31/2016

Full Bill Text

No bill text available