1.1 	A bill for an act
1.2 	relating to higher education; regulating the calculation of state grant amounts;
1.3 	amending Minnesota Statutes 2014, sections 136A.101, subdivision 5a; 
1.4 	136A.121, subdivision 5.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2014, section 136A.101, subdivision 5a, is amended to 
1.7 	read:
1.8 		Subd. 5a.Assigned family responsibility. "Assigned family responsibility" means 
1.9 	the amount of a family's contribution to a student's cost of attendance, as determined by a 
1.10 	federal need analysis. For dependent students, the assigned family responsibility is 96 89
1.11 	percent of the parental contribution. For independent students with dependents other than 
1.12 	a spouse, the assigned family responsibility is 86 79 percent of the student contribution. 
1.13 	For independent students without dependents other than a spouse, the assigned family 
1.14 	responsibility is 50 43 percent of the student contribution.

1.15 	Sec. 2. Minnesota Statutes 2014, section 136A.121, subdivision 5, is amended to read:
1.16 		Subd. 5.Grant stipends. The grant stipend shall be based on a sharing of 
1.17 	responsibility for covering the recognized cost of attendance by the applicant, the 
1.18 	applicant's family, and the government. The amount of a financial stipend must not 
1.19 	exceed a grant applicant's recognized cost of attendance, as defined in subdivision 6, after 
1.20 	deducting the following:
1.21 	(1) the assigned student responsibility of at least 50 48.9 percent of the cost of 
1.22 	attending the institution of the applicant's choosing;
1.23 	(2) the assigned family responsibility as defined in section 136A.101; and
2.1 	(3) the amount of a federal Pell grant award for which the grant applicant is eligible.
2.2 	The minimum financial stipend is $100 per academic year.