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MN SF1702

Bill

Status

Introduced

2/16/2023

Primary Sponsor

Rob Kupec

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Establishes the Grant Assistance for In-Need Schools (GAINS) program under the Minnesota State Colleges and Universities Board of Trustees
  • Defines an in-need college as a two-year college where 25 percent or more of students are Pell grant eligible
  • Provides $750 per Pell grant eligible student enrolled at the beginning of each academic year to qualifying colleges
  • Appropriates $30,000,000 for fiscal year 2024 and $30,000,000 for fiscal year 2025 from the general fund for the GAINS program
  • Requires proportional grant reductions to all in-need colleges if appropriated funds are insufficient to fully fund all eligible students

Legislative Description

Grant program establishment for in-need colleges

Last Action

Referred to Higher Education

2/16/2023

Committee Referrals

Higher Education2/16/2023

Full Bill Text

No bill text available