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MN SF3219

Bill

Official Source

Status

Introduced

3/24/2016

Primary Sponsor

Greg Clausen

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Origin

Senate

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 (other than spouse) from 86% to 79% of student contribution
  • Reduces assigned family responsibility for independent students without dependents (other than spouse) from 50% to 43% of student contribution
  • Lowers assigned student responsibility threshold from 50% to 48.9% of cost of attendance when calculating grant stipends
  • Maintains minimum financial stipend of $100 per academic year and existing deductions for federal Pell grants

Legislative Description

Higher education state grant amounts calculation regulation

Last Action

Referred to Finance

3/24/2016

Committee Referrals

Finance3/24/2016

Full Bill Text

No bill text available