Student loan debt counseling appropriation

This bill appropriates $250,000 for fiscal year 2026 and $250,000 for fiscal year 2027 from the general fund to fund student loan debt counseling services in Minnesota. The funds will be administered by the Office of Higher Education under Minnesota Statutes, section 136A.1788, to assist Minnesotans managing student loan debt. The bill includes a 3% cap on administrative costs for the program, meaning no more than $7,500 of each annual appropriation can cover program management. It directly supports students and borrowers seeking guidance on repayment options, with no new policy requirements beyond the funding allocation.