MN SF880

Establishes the "Funding for Success Incentive Aid Program" to provide outcome-based state aid to schools demonstrating success in graduation rates and college readiness

Graduation rate multiplier calculated based on percentage above 90% graduation rate, measured over two preceding academic years (90% = 0 multiplier, 100% = 1.0 multiplier)

Recent graduate enrollment success rate multiplier based on percentage of graduates enrolled in Minnesota public colleges/universities without needing remedial courses, also using a 90-100% scale

Schools must exceed the 90% threshold on at least one metric to receive any funding; aid distributed proportionally based on combined multipliers times school enrollment

Appropriates general fund money to the Department of Education beginning fiscal year 2026, effective for the 2026-2027 school year and later (specific dollar amounts not yet specified in bill)