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Minnesota Legislature

Office of the Revisor of Statutes

SF 509

as introduced - 91st Legislature (2019 - 2020) Posted on 01/28/2019 02:22pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16

A bill for an act
relating to higher education; modifying grant stipends; amending Minnesota Statutes
2018, section 136A.121, subdivision 5.

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

Section 1.

Minnesota Statutes 2018, section 136A.121, subdivision 5, is amended to read:


Subd. 5.

Grant stipends.

The grant stipend shall be based on a sharing of responsibility
for covering the recognized cost of attendance by the applicant, the applicant's family, and
the government. The amount of a financial stipend must not exceed a grant applicant's
recognized cost of attendance, as defined in subdivision 6, after deducting the following:

(1) the assigned student responsibility of at least 50 percent of the cost of attending the
institution of the applicant's choosing;

(2) the assigned family responsibility as defined in section 136A.101; and

(3) the amount of a federal Pell grant award for which the grant applicant is new text beginfinancially
new text end eligibledeleted text begin.deleted text endnew text begin, unless the student is ineligible to receive a Pell grant under United States Code,
title 20, section 1091(a)(5) or (d).
new text end

The minimum financial stipend is $100 per academic year.