HF4628

Purpose

This bill would provide additional funding for Minnesota’s state grant program as a one-time infusion. The goal is to support higher education access by increasing resources available through the state grant program.

Main Provisions

• Appropriates 131,000,000 dollars from the general fund in fiscal year 2027.
• The money is designated for the state grant program administered by the Office of Higher Education.
• The appropriation comes under Minnesota Statutes section 136A.121.
• This is a one-time (non-recurring) appropriation and does not establish ongoing funding.

Significance and How It Relates to Existing Law

• Adds a substantial one-time funding boost to the state grant program without altering the statutory framework of the program beyond the additional money.
• The funds are allocated through the Office of Higher Education to the state grant program as defined by statute.

Fiscal and Administrative Details

• Source: general fund.
• Timing: funds dedicated for fiscal year 2027.
• Administration: to be carried out by the commissioner of the Office of Higher Education.

Potential Impacts

• Could expand eligibility or award amounts for the state grant program in the 2027 fiscal year, depending on how the Office of Higher Education implements the funding.
• May improve access to higher education for more students by increasing grant resources in the short term.

Relevant Terms state grant program; supplemental funding; general fund; Office of Higher Education; Minnesota Statutes section 136A.121; fiscal year 2027; one-time appropriation; appropriation; higher education