The best way Minnesota makes college affordable is through the Minnesota State Grant program — need-based grants that directly help low- and middle-income students pay for college.
The impact of the program is sizable: More than 80,000 students from across the state receive these grants — the equivalent of one out of four college students. And the impact is broad, supporting students at both public universities and private colleges, helping students who are earning certificates, associate degrees and bachelor’s degrees.
For students earning bachelor’s degrees, the average State Grant award is $3,961. That makes a meaningful difference, in terms of helping keep college affordable.
Benefits of the program include:
- Targeting low- and middle-income students,
- Fostering student choice,
- Holding down student debt,
- Helping close affordability and attainment gaps, and
- Building our future workforce.
For more on the State Grant program, see the Council’s website.