decorative banner image

Minnesota Financial Aid: Appropriation & Recipient Trends

Every two years the Minnesota Legislature makes appropriations to fund student financial aid programs. Minnesota devotes most of its state-funded financial aid to students from low- and moderate-income families. The Minnesota State Grant is the largest state-funded financial aid program, and nearly 100,000 undergraduates receive a state grant. See State Grant and Federal Pell Grant Spending Trends.

Minnesota Student Financial Aid Program Appropriation Trends
Current dollars shown in thousands
Fiscal Year State Grant* Achieve Scholarship Dislocated Rural Worker Program MN G.I. Bill** Indian Scholarship*** Nurses of Color Pre-Nursing Grant Postsecondary Child Care Grants Safety Officer Survivor's Grants State Work Study Total
1984 $34,724 $34,724
1985 $35,666 $35,666
1986 $38,300 $38,300
1987 $42,281 $42,281
1988 $63,850 $250 $4,504 $68,604
1989 $61,000 $250 $4,679 $65,929
1990 $55,010 $250 $2,000 $5,304 $62,564
1991 $70,261 $250 $120 $2,000 $80 $5,304 $78,015
1992 $75,693 $250 $120 $2,500 $80 $5,869 $84,512
1993 $80,100 $250 $120 $2,500 $80 $5,869 $88,919
1994 $93,900 $250 $120 $3,540 $40 $8,219 $106,069
1995 $93,900 $250 $120 $3,540 $40 $8,219 $106,069
1996 $91,700 $250 $3,540 $40 $8,219 $103,749
1997 $95,900 $250 $3,540 $40 $8,219 $107,949
1998 $94,400 $250 $4,741 $40 $9,444 $108,875
1999 $109,025 $250 $4,741 $40 $10,944 $125,000
2000 $112,725 $4,742 $40 $12,444 $129,951
2001 $123,185 $4,742 $40 $12,444 $140,411
2002 $114,945 $4,743 $40 $12,444 $132,172
2003 $120,535 $4,743 $40 $12,444 $137,762
2004 $140,500 $4,743 $75 $12,444 $157,762
2005 $140,500 $4,743 $75 $12,444 $157,762
2006 $136,319 $4,934 $75 $12,444 $153,772
2007 $144,681 $4,934 $75 $12,444 $162,134
2008 $147,400 $3,400 $6,000 $1,950 $6,184 $100 $12,444 $177,478
2009 $144,138 $7,400 $6,000 $1,950 $6,184 $100 $12,444 $178,216
2010 $144,138 $4,350 $1,268 $2,000 $6,684 $100 $12,444 $170,984
2011 $144,138 $4,350 $1,394 $2,000 $6,684 $100 $10,676 $169,342
2012 $154,624 $1,294 $1,850 $6,684 $100 $14,502 $179,054
2013 $154,624 $1,364 $1,850 $6,684 $100 $14,502 $179,124
2014 $179,141 $2,257 $3,100 $6,684 $100 $14,502 $205,784
2015 $176,781 $2,257 $3,100 $6,684 $100 $14,502 $203,424
2016 $180,281 $1,790 $3,500 $6,684 $100 $14,502 $206,857
2017 $180,281 $1,790 $3,500 $6,684 $100 $14,502 $206,857
2018 $198,206 $1,327 $3,500 $6,694 $100 $14,052 $223,879

*The first state appropriation was given to the Minnesota State Grant in 1984.

**The Office of Higher Education administers the MN GI Bill on behalf of the MN Department of Veterans Affairs through an interagency agreement. The state appropriation for this program is open and standing and the amount listed above represents the forecasted amount at the time the budget was signed into law.

***Indian Scholarship program was transferred from the Minnesota Department of Education in 2007.

Source: Minnesota Office of Higher Education

Number of Students Receiving State Financial Aid
Fiscal Year State Grant Achieve Scholarship Dislocated Rural Worker Grant MN GI Bill Indian Scholarship Nurses of Color Grant Pre-Nursing Grant Postsecondary Child Care Grant Safety Officer's Survivors Grant State Work Study Part-Time Grant
1987 62,987 1,242 7,350 4,579
1988 63,229 446 1,410 6,970 5,627
1989 51,569 436 1,445 6,454 6,965
1990 46,523 621 1,331 1,126 6,750 5,901
1991 59,188 367 1,285 256 1,164 10 6,846 5,740
1992 62,613 437 1,231 256 1,260 10 7,668 3,924
1993 62,079 260 1,201 260 1,376 9 7,483 3,459
1994 71,801 n/a 41 218 1,669 10 9,519
1995 70,565 n/a 54 201 2,388 5 9,184
1996 63,084 859 65 2,443 9 9,734
1997 61,523 872 66 2,523 9 9,348
1998 60,467 910 63 2,671 9 9,614
1999 61,660 1,019 67 2,704 14 10,915
2000 62,802 1,018 2,659 13 11,481
2001 65,246 n/a 2,736 13 12,079
2002 71,326 897 2,429 11 11,978
2003 72,396 691 932** 14 0*
2004 69,620 639 2,536 13 10,424
2005 73,410 481 2,662 14 10,924
2006 71,108 637 2,592 20 10,649
2007 80,182 538 2,832 16 11,922
2008 83,246 1 787 595 2,921 12 10,999
2009 84,518 1,934 908 575 2,873 12 10,515
2010 103,544 4,001 631 617 2,866 13 11,094
2011 88,823 1,063 593 626 3,042 9 10,673
2012 95,510 564 539 2,863 12 11,073
2013 99,445 601 750 2,666 8 10,633
2014 99,501 1,006 876 2,421 6 10,442
2015 99,324 1,038 1,058 2,182 6 10,828
2016 82,416 1,047 983 1,985 11
2017 81,023 1,048 860 1,775 10 9,640
2018 80,793 955 842 1,884 12 9,449

*In 2003, no students received earnings from the Minnesota State Work Study program; the entire appropriation went to cover a shortfall in the State Grant program.

**In 2003, the Office of Higher Education transferred $3.6 million of the $4.7 million appropriation to help cover a shortfall in the State Grant program.

Source: Office of Higher Education