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Home > Research, Data & Reports > Financial Aid Data & Trends > Minnesota Financial Aid Programs

 

Minnesota Financial Aid Programs

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Minnesota state government provides over $180 million annually in postsecondary student financial aid to help students from low- and moderate-income families finance their postsecondary education. The Minnesota Office of Higher Education is responsible for administering these state-funded student financial aid programs.

Data on the funds appropriated for specific state-funded programs are provided on the pages listed below.

For each state-funded financial aid program, the criteria for student eligibility, statutes governing the program, and agency rules used to administer each program can be found in Campus Financial Aid Administrator Resources.

Using Data to Determine Institutional Participation in State Student Aid Programs

The 2013 Minnesota Legislature mandated the Office of Higher Education to collect data and identify criteria that could be used to determine institutional eligibility to participate in state financial aid programs.

The report has five sections. Section one serves an introduction to the information requested, including a discussion of legislative intent, state goals and suggested metrics. Section two summarizes background information about Minnesota institutions and current uses of data to determine operation within the state and participation in federal and state financial aid. Section three provides information and practices for comparing colleges. Section four provides the metrics suggested. Section five concludes with the Office's recommendations. The metrics presented are suggestions by the Office based on the Office's understanding of legislative intent and current research and policy. Data may not be available nor benchmarks been set for measuring institutional performance for all of the metrics suggested. The purpose of this report is to provide information that will start a discussion of about data needed for Minnesota's educational improvement and for informing policy decisions relating to higher education and state financial aid programs.

Number of Students Receiving State Financial Aid

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

*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

 

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