Purpose of the Bill

The purpose of this bill is to change the eligibility criteria for institutions that participate in Minnesota's state grant program.

Main Provisions

• This bill specifies that, to qualify as an "eligible institution" under section 136A.121, a private college or university must be operated on a not-for-profit basis.
• By amending the existing law, the bill effectively excludes for-profit institutions from being eligible for state grants.

Significant Changes to Existing Law

• The primary change introduced by this bill is that it alters the definition of "eligible institution" for state grant purposes, disqualifying for-profit educational institutions from receiving these state grant funds.

Relevant Terms

• Higher education
• State grant program
• For-profit institutions
• Not-for-profit institutions
• Eligible institution