Bill > HF586

This bill establishes a new "Funding for Success Incentive Aid Program" designed to provide financial incentives to schools based on their performance in two key metrics: graduation rates and recent graduate enrollment success. Schools will be evaluated on their graduation rates above 90% (with each percentage point above 90% earning a 0.1 multiplier) and the percentage of recent graduates enrolled in public in-state colleges without needing remedial courses (also using a similar 0.1 multiplier system). A school's incentive aid will be calculated by multiplying its total metrics score by its total enrollment, with the final amount determined by the total available funding pool. Critically, schools must score above zero on at least one of these metrics to receive any funding, which means achieving at least a 90% graduation rate or 90% recent graduate college enrollment rate without remedial courses. The bill appropriates funds from the general fund to the Department of Education to support this program, with the initiative set to take effect for the 2026-2027 school year and continue in subsequent years. The goal appears to be incentivizing schools to improve graduation rates and ensure students are prepared for higher education.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0586&ssn=0&y=2025