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Yearly Budgets


 

The Minnesota Office of Higher Education (OHE) operates with a total Fiscal Year 2017 budget of $336 million. Of this:

  • 73 percent comes from state appropriations;
  • 25 percent comes from SELF Loan funds; and
  • 2 percent comes from federal, special revenue and miscellaneous funds.

Of the $245 million state general fund expenditures (73% of the budget), 97.7 percent flows through the OHE and directly into grants to students and institutions.

Audits of Agency Financial Statements

Audits of Federal Aid Awards