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MN SF4503
Bill
Status
Introduced
3/4/2024
Primary Sponsor
Jason Rarick
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AI Summary
- Modifies the definition of "scholarship" under the North Star Promise program to deduct only federal and state grants (removing "other scholarships" from the deduction requirement).
- Establishes scholarships beginning in the 2024-2025 academic year covering up to 100 percent of tuition and fees after federal and state grants are deducted.
- For academic years 2024-2025 through 2026-2027, allows grants to be awarded from remaining funds covering 100 percent of tuition and fees plus up to 50 percent of the student's potential Pell grant amount, subject to available funds.
- Authorizes the commissioner to adjust grant amounts based on fund availability.
Legislative Description
North Star Promise provisions modifications
Last Action
Referred to Higher Education
3/4/2024
Committee Referrals
Higher Education3/4/2024
Full Bill Text
No bill text available