The bill proposes an appropriation of $5,000,000 for each of the fiscal years 2026 and 2027 from the general fund to the Office of Higher Education. This funding is designated for emergency grants aimed at supporting students enrolled in Minnesota State Colleges and Universities. The grants are intended to assist students in addressing immediate needs that may hinder their ability to complete their academic programs, such as emergency housing, food, and transportation.

Additionally, the bill emphasizes that the Minnesota State Colleges and Universities must take steps to minimize any adverse effects on student financial aid that may arise from the receipt of these emergency funds. This provision aims to ensure that students can access the necessary support without jeopardizing their existing financial aid packages.