With a newly approved plan that lays out its goals for the next four years, the University of Minnesota is cementing its commitment to low- or no-cost tuition for certain students.
One of those is free tuition for students of families whose income is $50,000 or less. The goal, according to this docket from the regents meeting, is to implement the program for undergraduates by fall 2021.
However, this will be in addition to existing tuition assistance programs at the U, namely the Promise Scholarship.
"The University has invested in this program over the years so that, when coupled with other aid, the vast majority of Minnesota undergraduate students with family incomes less than $50,000 pay little or zero tuition," U of M PR Director Jake Ricker tells BringMeTheNews.
As the Star Tribune notes, the new tuition-free program will "cover any leftover tuition costs for those students" — though "it will not pay for additional fees or room and board expenses."
The MPACT 2025 initiative, which you can read more about right here, is based on a number of "commitments" that the university hopes to fulfill at all five of its campuses by 2025.
These include student success, fiscal stewardship, and "fostering a welcoming community that values belonging, equity, diversity, and dignity in people and ideas."