The changes advocated by Gov. Dayton, the Senate and the Minnesota Private College Council required no new money, just reinvestment of the current funding. We called for two key changes.
- Increase fairness for students at four-year institutions. There’s a cap on the level of tuition and fees that is used in calculating students’ State Grant awards. The cap falls $620 below the tuition and fees at the U of M. That means that grants do not reflect full tuition and fees at all public institutions. Raising this cap would allow for a modest increase of $310 for most recipients at private nonprofit colleges as well as at the U of M.
- Improve how State Grant awards address living expenses, helping all students. By adjusting how living expenses are taken into account, the state is expected to make a one-year change that will boost most awards by $200 to $300 for the 2014-15 school year. Legislators should make that change permanent.