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HF 2752

as introduced - 92nd Legislature (2021 - 2022) Posted on 01/31/2022 10:41am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to higher education; providing supplemental financing to the University
of Minnesota to increase access and reduce costs to students; appropriating money.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin APPROPRIATION.
new text end

new text begin (a) $65,000,000 in fiscal year 2023 is appropriated from the general fund to the Board
of Regents of the University of Minnesota to increase access to higher education and reduce
costs to students. Of this amount:
new text end

new text begin (1) $30,000,000 is to expand the University of Minnesota's systemwide Promise Program
to support students with financial need, including historically underrepresented students;
new text end

new text begin (2) $30,000,000 is for a Greater Minnesota Scholarship at the University of Minnesota
to attract and retain students to the university's Crookston, Duluth, Morris, and Rochester
campuses; and
new text end

new text begin (3) $5,000,000 is to increase student academic advising, mental health and well-being,
tutoring needs, and financial literacy services at the University of Minnesota in order to
meet increasing student demands, increase equity through strengthening support for students
with historically low retention and graduation rates, and more proactively address issues
that slow down students' progress toward degree completion.
new text end

new text begin (b) Notwithstanding Laws 2021, First Special Session chapter 2, article 1, section 4,
subdivision 2, paragraph (f), the total operations and maintenance base for the Board of
Regents of the University of Minnesota in fiscal year 2024 and later is $685,818,000.
new text end