There’s been a bipartisan commitment at the Capitol to invest in the State Grant program and directly support students. But too many students and families cannot afford to pay what is expected of them. Financial challenges are a major hurdle to college completion. And State Grant awards have not kept up with the reality of the costs students face
A new long-term goal
It’s time for Minnesota to make a bold, new commitment to college students. We propose a long-term goal of ensuring that the State Grant program helps all low- and middle-income students from Minnesota who have financial need. The State would:
- Award grants based on realistic expectations for students and families — better recognizing their financial situations and increasing grants for current recipients
- Restore the reach of the program — serving all students from middle-class families who have financial need.
Students and families should be expected to pay — by working, saving and even borrowing. And when families have costs they can’t afford, the State Grant program should be there to help address their need.
The impact would be significant. Not only would low-income students receive more help, all middle-income students with financial need would receive grants as well.
We’ll be proposing steps policymakers can take in 2019 to move us closer to truly meeting the financial needs of Minnesota college students and their families. More details will be added here soon.