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 outlines eligibility criteria for students to receive these scholarships or grants, which include applying during their senior year, successfully completing the relevant career and technical education course, and graduating from a Minnesota high school. It also specifies that school districts can set aside net proceeds from career and technical programs to fund these scholarships and grants, with the Department of Education providing guidelines for accounting. The financial aid can be used for various educational expenses, including tuition, certificate programs, and 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