SF2331

Purpose of the Bill

The purpose of this bill is to provide financial support to an organization called Wallin Education Partners. The aim is to help low-income students in Minnesota with college admission and graduation by offering programs that include financial aid advising and career development.

Main Provisions

• The bill allocates $500,000 annually for fiscal years 2026 and 2027 from Minnesota's general fund.
• The funds are directed to the commissioner of higher education for transfer to Wallin Education Partners.
• The money is specifically designated to support programs for low-income students who are Minnesota residents attending colleges or universities in Minnesota.

Reporting Requirements

• Wallin Education Partners is required to submit a report by February 1 each fiscal year they receive funds.
• The report will be sent to the chairs and ranking minority members of legislative committees overseeing higher education and education from early childhood through grade 12.
• The report should detail:
  • The demographics of the students served.
  • The colleges and universities attended by these students.
  • The high schools attended by the students.
  • The geographic distribution of the students served.

Significant Changes

This bill does not introduce changes to existing laws but establishes new funding allocation to support educational programs for low-income students.

Relevant Terms

• Appropriation
• Wallin Education Partners
• College admission
• College graduation
• Financial aid advising
• Career development
• Low-income students
• Minnesota residents
• Fiscal year reporting