MN SF2393

Reduces the assigned student responsibility for Minnesota's state grant program from 50 percent to 36 percent of the cost of attendance.

Maintains the existing framework where grant stipends are calculated by deducting student responsibility, family responsibility, and federal Pell grants from recognized cost of attendance.

Preserves the minimum financial stipend of $100 per academic year.

Appropriates unspecified amounts from the general fund to the Office of Higher Education for fiscal years 2024 and 2025 to support the state grant program.