This bill appropriates $600,000 for each of the fiscal years 2026 and 2027 from the general fund to the commissioner of higher education, specifically designated for College Possible. The funding is intended to support programs that assist low-income students in gaining admission to and graduating from college through a comprehensive coaching and support curriculum at both high school and postsecondary levels. The bill stipulates that the funds must be used exclusively for programs benefiting Minnesota residents attending colleges or universities within the state.

Additionally, the bill mandates that College Possible submit an annual report by February 1 to the relevant legislative committees detailing the use of the appropriated funds. This report is required to include information on the program's expansion in Minnesota, the number of coaches hired, partnerships with high schools, the number of students served, community service hours contributed by students, and a list of communities and organizations that have benefited from these service hours.