This bill proposes amendments to Minnesota education finance laws to allow school districts to offer postsecondary scholarships and grants to students who complete career and technical education (CTE) programs.

Key provisions include: - Authorization for School Districts: School boards may use school funds to provide scholarships and grants for eligible students who complete CTE programs. - Reporting Requirements: School districts and cooperative centers offering these scholarships must report revenue and expenditures related to the program to the Minnesota Department of Education. - Eligibility Criteria: Students must apply during their senior year, successfully complete a relevant CTE course, and graduate from a Minnesota high school. - Funding: Schools may allocate net proceeds from CTE programs to fund these scholarships or grants, provided that the program generates more revenue than costs. - Use of Funds: - Scholarships or grants can be used for tuition and expenses at postsecondary institutions, certificate programs, or apprenticeship programs. - Grants can also be used for students entering the workforce or military to cover costs related to their career pathway.

The bill seeks to support students pursuing vocational and technical careers by providing financial assistance for postsecondary education and workforce entry.