This bill amends Minnesota Statutes to authorize school districts to offer postsecondary scholarships and grants specifically for students enrolled in career and technical education programs. It introduces a new subdivision to section 123B.02, allowing school boards to use school funds for these scholarships and grants in accordance with section 124D.4532. Additionally, it modifies section 124D.452 to require districts or cooperative centers that provide these financial aids to report their revenue and expenditures related to the programs.

The bill also establishes a new section, 124D.4532, detailing the eligibility criteria for students to receive these scholarships or grants. Eligible students must apply during their senior year, complete the relevant career and technical education course, and graduate from a Minnesota high school. The bill outlines that school districts can set aside net proceeds from their career and technical programs to fund these scholarships and grants, which can be used for tuition, expenses for postsecondary institutions, certificate programs, or supplies for students entering the workforce or military. The provisions of this bill will take effect on July 1, 2025.

Statutes affected:
Introduction: 123B.02, 124D.452