SF777 (Legislative Session 94 (2025-2026))

Loan forgiveness and grants establishment for home care worker education

AI Generated Summary

This bill, known as Senate File No. 777 from Minnesota, focuses on supporting students who are also home care workers. It introduces two primary initiatives:

  1. Home Care Worker Grants: A grant program will be established for students who are enrolled in two-year or four-year college programs and agree to work at least ten hours per week as home care workers during their studies. Eligible students can receive up to $5,000 per academic year, based on available funds and the number of applicants. The bill outlines specific application deadlines and requires annual reports to be submitted to legislative committees detailing the program's outcomes.

  2. Home Care Worker Loan Forgiveness Program: This program aims to help home care workers with their education loans. To be eligible, individuals must work as a home care worker for at least three hours per week, have outstanding education loans, reside in Minnesota, and apply through the prescribed process. Participants can receive loan forgiveness payments annually for up to five years, based on their weekly work hours, and the payments must be used to repay qualified student loans.

Both programs are meant to provide financial support to individuals working with older adults or persons with disabilities, assisting them in managing educational expenses while they serve in essential caregiving roles. Additionally, the bill includes provisions for funding these initiatives and administrative details to ensure the programs are effectively managed.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 29, 2025SenateFloorActionIntroduction and first reading
January 29, 2025SenateFloorActionReferred toHigher Education

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill references the definition of satisfactory academic progress as per section 136A.101.",
      "modified": [
        "Clarifies eligibility requirements for home care worker grants, linking them to academic progress standards defined under section 136A.101."
      ]
    },
    "citation": "136A.101"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill mentions the interest rate to be established under section 270C.40 for repayment scenarios.",
      "modified": [
        "Establishes the interest rate for collection of unpaid loan forgiveness disbursements, referring to section 270C.40."
      ]
    },
    "citation": "270C.40"
  }
]