SF2415 Summary

• Appropriates $2.1 billion for Office of Higher Education ($269-269M), Minnesota State Colleges and Universities ($759-766M), University of Minnesota ($672-673M), and Mayo Clinic ($1.4M) for fiscal years 2020-2021

• Tuition caps limit increases to 3 percent annually for state colleges and universities, with exceptions for differential tuition in certain circumstances

• Establishes MN Reconnect program providing grants up to $1,000 per term for adult learners ages 25-62 completing certificates or degrees at participating two-year institutions

• Expands student support services including $269M for emergency assistance grants, $150M for campus sexual violence prevention coordinators, and mental health services at state colleges

• Creates new loan forgiveness and scholarship programs including aviation degree forgiveness (increasing service obligation to 5 years), workforce development scholarships (increasing lifetime cap to $7,500), and Z-Degree textbook cost reduction initiatives