Bill > SF880

This bill establishes a new "Funding for Success" program that provides financial incentives to schools based on their performance in two key metrics: graduation rates and recent graduate enrollment success. Specifically, schools can earn additional funding by achieving graduation rates above 90% and by having graduates who enroll in in-state public colleges without needing remedial courses. The funding calculation is based on a multiplier system where each percentage point above 90% in these metrics is worth 0.1, with schools receiving a proportional share of available incentive aid funds. To be eligible for funding, a school must score above zero in at least one of these metrics. The program will begin in the 2026-2027 school year, with funding appropriated from the general fund to the Department of Education. The goal appears to be encouraging and rewarding schools that successfully prepare students for post-secondary education by linking financial support to measurable student achievement outcomes.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0880&ssn=0&y=2025