MN
Minnesota Senate Bill SF4668

Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF4668

Introduced
3/7/24  

Caption

Promise equalization scholarship program establishment to supplement state grant awards for students attending Minnesota private nonprofit postsecondary institutions

Impact

The implementation of SF4668 is expected to positively impact state education policy by facilitating access to higher education through financial support mechanisms. The proposal allocates an initial appropriation of $18 million from the general fund for fiscal year 2025, with subsequent funding tied to tuition increases at public institutions. This establishes a sustainable funding model to ensure that the promise equalization scholarship can grow alongside rising education costs, thereby benefiting future students as well.

Summary

Senate File 4668 introduces the Promise Equalization Scholarship program, designed to supplement state grant awards for students enrolled in Minnesota's private nonprofit postsecondary institutions. This initiative aims to support educational opportunities and increase accessibility for students who may face financial challenges when pursuing higher education. The scholarships will be available to those eligible for state grants, providing additional financial relief to help them cover tuition and associated costs.

Contention

While there is substantial support for SF4668, discussions have highlighted potential points of contention regarding the adequacy of funding and encapsulating diverse educational needs. Critics might argue that, despite the promise equalization scholarships, there are overarching concerns about whether such initiatives sufficiently address the barriers faced by students at different institutions. The inclusion of private nonprofit institutions in this program is also poised to be a debated point, as some stakeholders believe that more emphasis should be placed on public institutions or that funding should be more equitably distributed across different types of educational entities.

Latest SF4668 Activity

Companion Bills

MN HF4493

Similar To Promise equalization scholarship program established to supplement state grant awards for students attending Minnesota private nonprofit postsecondary institutions, report required, and money appropriated.

Previously Filed As

MN HF4493

Promise equalization scholarship program established to supplement state grant awards for students attending Minnesota private nonprofit postsecondary institutions, report required, and money appropriated.

MN SF2495

Default living and miscellaneous expenses allowance for the state higher education grant program authorization; State Grant Plus scholarship to supplement state grant awards establishment; grant programs establishment within the Office of Higher Education; appropriating money

MN HF2090

Default living and miscellaneous expenses allowance increased for the state grant program, new State Grant Plus scholarship established to supplement state grant awards, Office of Higher Education grant programs created, and money appropriated.

MN HF1126

Postsecondary attainment goals, student financial aid, institutional licensure provisions, and institutional grant program policy changes provided.

MN SF1011

Certain policy changes provision to postsecondary attainment goals, student financial aid, institutional licensure provisions, and institutional grant programs

MN HF39

Higher education policy changes provided to postsecondary attainment goals, student financial aid, institutional licensure provisions, and institutional grant programs.

MN SF2683

North Star Promise scholarship program elimination

MN HF2192

North Star Promise scholarship program eliminated, and unencumbered balances in the North Star Promise special revenue fund account appropriated to the state grant program.

MN AB1267

Student financial aid: Cal Grant Program: private nonprofit postsecondary educational institutions.

MN SF1288

Allied health technician scholarship program establishment

Similar Bills

UT HB0398

Special Needs Opportunity Scholarship Program Amendments

UT SB0107

Education Scholarship Amendments

UT SB0062

Special Needs Opportunity Scholarship Program Amendments

CA AB2480

Income taxes: credit: Scholarship Tax Credit Program Act.

AL HB442

To create the Alabama Fits All Scholarship Program; require the State Board of Education to contract with a program manager to administer the program; to authorize the program manager to establish scholarship accounts on behalf of eligible students; to prohibit a program manager from accepting scholarship funds in certain circumstances; to require fiscal safeguards and accountability measures; to require eligible schools and service providers to meet certain standards to be eligible to receive scholarship funds; to authorize the program manager to distribute scholarship funds; to require the State Board of Education to provide limited oversight of the program manager, including an appeal process for the program manager's administrative decisions; to prohibit certain regulations of eligible schools and eligible service providers; to require criminal history background information checks for employees and officers of a program manager; to provide for program funding; and to require the program manager and the board to submit reports on the program to the Legislature.

MS HB747

Mississippi Scholarship Act; create to provide scholarships to K-12 public school students.

MS HB874

Mississippi Scholarship Act; create to provide scholarships to K-12 public school students.

UT HB0529

Utah Fits All Scholarship Program Amendments