There’s been a longstanding bipartisan commitment at the Capitol to invest in the State Grant program and directly support students. But the financial aid needs of today’s low-and middle-income students and families are not being met, and the program asks students to contribute amounts that are unrealistic and unaffordable.
2020 legislative request
This session we ask Governor Walz and the Legislature to invest in college students through the State Grant program by reducing the share of costs the state expects students to pay for college with a $24 million investment in the State Grant program. This would:
- Increase the size of grants for all current recipients.
- Give awards to 3,500 newly eligible Minnesota students — most with family incomes below $50,000.
Acting now to reduce the student share would lower the amount students need to borrow or earn from working. The result would help keep college affordable for low- and middle-income Minnesotans. This investment would also help address racial disparities in college completion, as the Minnesota Education Equity Partnership (MnEEP) recommended in a January 2020 policy brief.
State Grant 101
The State Grant program is the only way the state of Minnesota targets funds to college students based on their financial need. Recipients:
- Earn bachelor’s degrees, associate degrees and certificates
- Attend part-time and full-time
- Attend private and public institutions