Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Governor’s OHE budget includes state grant changes, agency operating funds and licensing fee reforms
Summary
OHE commissioners outlined the governor’s proposals in House File 2431, including a $15 million biennial investment in the state grant program with formula changes to limit award growth, agency operating increases, licensing and registration fee restructuring, and several technical program clarifications; the bill was laid over.
The Office of Higher Education (OHE) presented the governor’s budget proposals in House File 2431 to the House Higher Education Finance and Policy Committee, describing targeted changes to the Minnesota State Grant program, agency operations and regulatory fees.
Commissioner Michael Olsen (presenting with staff) said the governor proposes $7.5 million in general‑fund support each year (a $15 million biennial increase) and a set of formula parameter changes designed to keep projected spending within appropriated resources and avoid award rationing. The changes include setting a floor of zero for negative Student Aid Index (SAI) values when calculating awards, reducing the living and miscellaneous expense (LME) allowance to 110% of the federal poverty guideline, increasing assigned student…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
