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OHE pitches formula shift for tribal college O&M grants to speed payments
Summary
Office of Higher Education told lawmakers reimbursement and contract processes delayed operations-and-maintenance payments to three tribal colleges and proposed moving the legislatively named grants into a formula distribution to speed access to funds.
The Minnesota Office of Higher Education told the House Higher Education Finance and Policy Committee that three tribal colleges experienced uneven timing in receiving legislatively named operations-and-maintenance (O&M) funds, and the office is proposing to transition those grants into a formula-driven program to accelerate payments.
Commissioner Dennis Olsen said the governor’s budget includes a proposal "to incorporate this program into the existing tribal college supplemental assistance grant program and transition it from a legislatively named grant into a formula based program." He and agency staff said the change would create a funding floor for each…
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