HF3392 Summary

• Establishes concurrent enrollment program evaluation requirements with annual reporting to legislature by December 1, with Office of Higher Education and Department of Education collaborating to determine appropriate student demographics and outcomes data.

• Creates institutional prohibition preventing postsecondary institutions receiving financial aid from suspending or withdrawing students from classes due to unpaid account balances unless students are eligible for full tuition and fee refunds.

• Establishes new Tribal Nations Education Committee consultation requirements for American Indian postsecondary education programs and directs commissioner to set annual FAFSA completion goals for high school seniors.

• Modifies Minnesota college savings plan provisions including definitions of taxable distributions, qualified rollover distributions, and matching grant forfeiture rules; allows rollovers to ABLE accounts under federal law.

• Increases institutional registration fees from $1,200 to $1,500 annually; establishes new fees for state authorization reciprocity agreement administration ($750-$7,500 based on enrollment); updates accreditation and institutional approval standards with new grounds for revocation including fraud and enrollment thresholds.