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ERIC Number: ED483796
Record Type: Non-Journal
Publication Date: 2004-Nov-30
Pages: 42
Abstractor: Author
Reference Count: 0
ISBN: N/A
ISSN: N/A
Impact of Changes in Minnesota State Grants Implemented in Fiscal Year 2004.
Setter, Gerald
Minnesota Higher Education Services Office
This report to the Minnesota Legislature outlines the estimated impact of recent changes made to the Minnesota State Grant Program on students. The Minnesota Higher Education Services Office is a cabinet-level state agency that provides prospective and current post-secondary students with financial aid programs, services and information. The agency collects and reports state-wide higher education data, negotiates and administers interstate tuition reciprocity programs and facilitates collaboration among higher education provides on technology and library resources. In 2003, the Minnesota Legislature made several changes to the program parameters of the Minnesota State Grant Program in the face of budget constraints to enable the program to meet its financial obligations to students. The legislation directed the Higher Education Services Office by January 15, 2004 and November 30, 2004 to report on the impact on students of the changes in financial aid policies made by the act (Laws of Minnesota 2003, Chapter 133, Article 1, Section 1, Subdivision 14). This report examines the impact of these changes on students and provides an annual spending estimate for each change. The results identified in this report are consistent with the estimated effects discussed in spring 2003 prior to final legislative decisions. A list of the modifications made to the Minnesota State Grant Program and the estimated impact are included in this report. The following is appended: Design for Shared Responsibility.
Minnesota Higher Education Services Office, 1450 Energy Park Drive, Suite 350, St. Paul, MN 55108-5227. Tel: 800-657-3866 (Toll Free); Fax: 651-642-0675; e-mail: info@heso.state.mn.us; Web site: http://www.mheso.state.mn.us/.
Publication Type: Reports - Research
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Minnesota Higher Education Services Office, St. Paul.