Bill > SF3471

This bill proposes to modify the state grant program by specifically excluding for-profit educational institutions from eligibility. The bill amends Minnesota Statutes section 136A.121 by adding a new subdivision that defines an "eligible institution" as one that is operated not-for-profit. Currently, some private for-profit colleges and universities may have been eligible for the state grant program, but under this proposed change, only not-for-profit private institutions would qualify. The effective date for this change is set for the fall 2026 academic term, which gives educational institutions time to prepare for the new requirement. By limiting state grant program participation to not-for-profit institutions, the bill aims to support educational institutions that are not primarily driven by financial profits, potentially encouraging more mission-driven educational approaches.

Education

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF3471&ssn=0&y=2025