This bill mandates that postsecondary institutions in Minnesota provide clear notifications regarding deadlines for full tuition reimbursement during the add-drop period of an academic term. It introduces a new section, designated as [136A.1469], which defines key terms such as "add-drop period" and "deadline." The bill applies to institutions governed by the Board of Trustees of the Minnesota State Colleges and Universities, as well as private postsecondary institutions offering in-person courses in Minnesota that participate in federal financial aid programs. While compliance is required for the specified institutions, those governed by the Board of Regents of the University of Minnesota are encouraged to adhere to the same standards.

The legislation outlines specific requirements for how institutions must disclose the tuition refund deadlines. These disclosures must be prominently displayed on the institution's website, communicated directly to students before the add-drop period begins, and included in the student handbook or academic catalog. Additionally, the bill requires institutions to establish a procedure for students to file complaints regarding non-compliance with these requirements, allowing for an internal review and the option to appeal to the Office of Higher Education if necessary.