Minnesota State Grant and North Star Promise Projections. Fiscal Years 2024-2025 and 2026-2027

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Bibliographic Details
Title: Minnesota State Grant and North Star Promise Projections. Fiscal Years 2024-2025 and 2026-2027
Language: English
Authors: Nicole Whelan, Minnesota Office of Higher Education
Source: Minnesota Office of Higher Education. 2026.
Availability: Minnesota Office of Higher Education. 1450 Energy Park Drive Suite 350, St. Paul, MN 55108-5227. Tel: 800-657-3866; Tel: 651-642-0567; Fax: 651-642-0675; Web site: http://www.ohe.state.mn.us
Peer Reviewed: N
Page Count: 17
Publication Date: 2026
Intended Audience: Policymakers
Document Type: Reports - Research
Education Level: Higher Education
Postsecondary Education
Descriptors: Educational Finance, Grants, State Aid, Student Financial Aid, Expenditures, Poverty, Wages, Enrollment, Financial Aid Applicants, Tuition, Fees, Federal Aid, Student Needs, College Students, Higher Education, Paying for College, State Programs
Geographic Terms: Minnesota
Laws, Policies and Program Identifiers: Pell Grant Program
Abstract: This report presents actual spending for the Minnesota State Grant program for the 2024-2025 biennium and projected spending for the 2026-2027 biennium as of February 15, 2026, as required by state law. Projections are the result of a full simulation of the State Grant model. This model projects State Grant spending for fiscal years 2026 and 2027. It uses fiscal year 2025 actual spending data and award parameters in law as of February 15, 2026, along with information on enrollment and tuition and fee changes provided by institutional representatives and the percent change in wages. Discussion of the assumptions used in the spending projections starts on page four of this report.
Abstractor: ERIC
Entry Date: 2026
Accession Number: ED681089
Database: ERIC
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