Minnesota State Grant
Notice on Minnesota State Grant Funding for the 2024-2025 school year 11/21/2024
The Minnesota Office of Higher Education has announced that, due to a historic increase in enrollment across the Minnesota State system, the University of Minnesota system, and many private colleges, the Minnesota State Grant program is projected to face a funding shortfall.
To address this challenge and extend funding to as many students as possible, the following measures have been implemented:
- Students eligible for the Minnesota State Grant who complete their FAFSA on or after December 1, 2024, will not receive funding through the program.
- Students eligible for the Minnesota State Grant attending summer 2025 will not receive funding for the summer.
However, students who complete their FAFSA before December 1, 2024, will remain eligible for the Minnesota State Grant for both the Fall 2024 and Spring 2025 semesters. This includes students who transfer institutions and meet the eligibility requirements.
The annual Free Application for Federal Student Aid (FAFSA) must be received by the federal processing center by June 30 of the school year in question. For example for school year 2023-2024, the deadline is June 30, 2024 and for school year 2024-2025, the deadline is June 30, 2025.
Applications received at the federal processing center after June 30 of the school year in question will not receive State Grant funding for that school year. Apply on-line now, if you have not already done so, at https://studentaid.gov.
The Minnesota State Grant provides undergraduate students, who demonstrate financial need, with assistance in meeting the cost of attendance at eligible Minnesota public and private post-secondary institutions. It is funded through the MN Office of Higher Education. Program funds are allocated to MOHE by the State Legislature. The Minnesota State Grant is money that does not have to be repaid.
What are the requirements of the Minnesota State Grant?
Students must meet Minnesota Resident criteria as defined by the Minnesota Office of Higher Education. The most common criteria are: dependent students must have graduated from a Minnesota high school, and independent students must have resided in Minnesota for 12 months prior to becoming a post secondary student. Students who have been granted reciprocity from another state do not qualify for the Minnesota State Grant. More information on eligibility and the State Grant program is available through the Minnesota Office of Higher Education.
What is the application process to receive a Minnesota State Grant?
To apply for a Minnesota State Grant you must complete the Free Application for Federal Student Aid (FAFSA) annually. Eligibility for the Minnesota State Grant is based upon Federal Pell Grant eligibility and the results of your FAFSA. Complete the FAFSA online at https://studentaid.gov.