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Committee reviews state student aid changes and Bank of North Dakota loan and literacy programs
Summary
NDUS staff and Bank of North Dakota officials briefed the committee on state scholarships, a new supplemental grant and BND’s student-loan and financial-literacy activity; the new supplemental state grant awarded $2.6 million to 642 students in the first round.
BISMARCK — Committee members heard parallel briefings on state grant and scholarship programs administered by the university system and on student financing and financial-literacy work administered by the Bank of North Dakota. State aid highlights: NDUS budget staff reported a 2025–27 appropriation package of roughly $75.2 million for student financial assistance programs, including a newly funded supplemental state grant (Senate Bill 2147 language) with $7 million in the biennium. The system office made initial supplemental-grant awards to 642 students totaling about $2.6 million; eligibility requires a state grant award, Pell consideration, and family income…
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