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Minnesota Alters Financial Aid Program Formula

Summary by Inside Higher Ed
Minnesota lawmakers managed last month not only to close a $239 million deficit in the state’s largest financial aid grant program, but also to increase its funding by $44.5 million over the next two years. But they did so by changing the funding formula, meaning some students may still find themselves with less aid for college, The Minnesota Star Tribune reported Tuesday.

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Inside Higher Ed broke the news in Washington, United States on Thursday, July 24, 2025.
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