Updated: December 09, 2020 06:21 PM
Created: December 09, 2020 06:12 PM
The University of Minnesota is looking at possibly creating a tuition-free program for certain students in the near future.
The program would be for Minnesota families with an adjusted gross income of $50,000 or less.
The U of M Board of Regents is expected to discuss the idea on Friday as part of the university's system-wide strategic plan, known as MPact 2025. However, the program could begin as soon as next year.
While many of those students would likely be eligible for other financial aid, the program could help cover the remaining costs for those students.
Part of the strategic plan also calls for reducing average student debt to less than $25,000 for students who graduate.
It's unclear how many U of M students would qualify for the program.
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