Minnesota State Grant
Minnesota's State Grant program provides need-based aid to Minnesota college students. By helping thousands of students from low- and middle-income families afford college, the state makes a strategic investment in our state's future workforce.
Download the State Grant factsheet
Download the Supporting New Investment in College Students handout
State Grant program benefits
Targets students with the greatest need
- Three-quarters of recipients have incomes below $40,000; about a quarter have incomes between $40,000 and $70,000.
- Awards for students at four-year institutions average $2,649.
- As the Minnesota Chamber of Commerce has said, "the State Grant program is a critical tool for maximizing the number of lower-income people who will have access to and complete higher education."
Has statewide impact
- About one out of four Minnesota undergrads are State Grant recipients.
- Most students attend public colleges and universities, both two- and four-year. About 12% of State Grant recipients attend the nonprofit colleges that make up the Minnesota Private College Council.
- There are high percentages of State Grant recipients in all areas of the state; the shares are greatest in Greater Minnesota and inner cities.
Invests in our human capital
- In this global knowledge economy, retaining an educated workforce will be critical to retaining jobs.
Helps minimize student borrowing and future debt
- State Grant aid reduces the amount of loans students need to take out to finance their education. (Unfortunately, government-financed aid to students has been lagging in recent years. Institutional aid has increased dramatically, but so has student borrowing; see how State Grant impact has been stagnant.)