State Grant program news
Minnesota's State Grant program provides need-based aid to Minnesota college students. By helping thousands of students from low- and middle-income families afford college, the state makes a strategic investment in our state's future workforce.
Watch the video below, The Minnesota State Grant: Why it matters
The State Grant:
Targets students with the greatest need
- 93% of recipients' families earn less than $80,000 a year.
- The Minnesota Chamber of Commerce has said, "the State Grant program is a critical tool for maximizing the number of lower-income people who will have access to and complete higher education."
Has statewide impact
- Almost 83,000 students receive a State Grant — that's 1 in 4 Minnesota undergrads at public and private colleges.
- The Minnesota State Grant program helps students at all higher education institutions in the state — public and private, two-year and four-year, full-time and part-time.
- State Grants invest in our future. In a global economy, creating an educated workforce will be critical to retaining jobs.
- Increases degree attainment among non-traditional (age 25 and older) students who are financially independent.
- Need-based aid for college students: Why it matters
- Need-based aid for college students: How it pays off