MN SF3001

Reduces the minimum assigned student responsibility in state grant calculations from 50 percent to 46 percent of cost of attendance, increasing the state grant award amount.

Increases the living and miscellaneous expense allowance from 109 percent to 115 percent of federal poverty guidelines for a one-person household for nine months.

Extends the maximum enrollment period for undergraduate state grant eligibility from 8 semesters to 10 semesters.

Exempts students with college-ready ACT, SAT, or Minnesota Comprehensive Assessment scores from being required to take developmental education courses, and requires colleges to verify exemptions and use multiple measures before placement.

Establishes a work-study program study due January 15, 2023, and appropriates funds for challenge grants to Minnesota State Colleges and Universities campuses for student transfer innovations with a report due January 1, 2024.