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MN SF1702
Bill
Status
Introduced
2/16/2023
Primary Sponsor
Rob Kupec
Click for details
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