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MN SF4503

Bill

Status

Introduced

3/4/2024

Primary Sponsor

Jason Rarick

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Origin

Senate

93rd Legislature 2023-2024

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