This bill establishes a grant program and a loan forgiveness program specifically for home care workers in Minnesota. Under the new section 136A.1277, the commissioner of the Office of Higher Education is required to create a grant program for students who are home care workers, with eligibility criteria including enrollment in a postsecondary program, a commitment to work a minimum number of hours, and satisfactory academic progress. The program will provide grants of up to $5,000 based on available funding, and the commissioner must report annually on the program's details, including the number of applicants and grant amounts.
Additionally, the bill introduces a loan forgiveness program under section 136A.1786, which aims to assist home care workers in repaying their qualified education loans. To qualify, individuals must have been employed as home care workers for a specified duration, reside in Minnesota, and submit an application. The program will provide annual disbursements to eligible participants for up to five years, contingent upon verification of loan repayment. The bill also includes appropriations for both the grant and loan forgiveness programs, ensuring funding is allocated for their implementation and administration.