North Star Promise Scholarship Program

North Star Promise Award Information

*What does family Adjusted Gross Income (AGI) mean?

The Adjusted Gross Income (AGI) comes from the Federal 1040 Income Tax Return. The first year of the program is the 2024-2025 academic year and the corresponding FAFSA or Minnesota dream Act application asks about prior, prior year AGI. In other words, the AGI from 2022. This can be found on line 11 of the 1040.

Dependent students will have the AGI of their parent(s), and stepparent if applicable, considered for the program’s family AGI threshold of below $80,000. The AGI of dependent students will not be considered. When parents are divorced, separated or never married, and do not live together, the parent who provides more financial support to the student should be the parent of record for the FAFSA or Minnesota Dream Act. This is the parent whose income will be reviewed when determining eligibility for North Star Promise. If the parent who provides more financial support has remarried as of the date the FAFSA or Minnesota Dream Act is filed, the stepparent’s AGI will also be taken into account when determining eligibility.

Independent students will have the AGI of the student considered for program eligibility. If the student is married, the student and spouse’s combined AGI must be below $80,000 in order to be eligible for the North Star Promise Scholarship. You can review what makes a student either dependent or independent here.

How much money can you receive?

There is not a limit on the maximum term, yearly, or lifetime dollar amount of an award you can receive. The amount you receive is based on the “last-dollar” calculation of your eligibility on a term-by-term basis. You can receive up to 100% of the amount charged in tuition and required fees per term, minus all other sources of gift aid you receive.

For students earning 2-year degrees, you can receive the award for a total of 60 credits. For students earning 4-year degrees, you can receive the award for a total of 120 credits.

If funds are available, the highest need students may also receive North Star Promise Plus funds. The details on this provision of the program are still being determined.

How is the award determined?

The college or university you are attending will calculate your award amount based on the eligibility requirements and award calculation. They will determine your tuition and required fee charges, subtract all other sources of gift aid (scholarships, grants, waivers and stipends) and award the remaining amount in a North Star Promise scholarship.

How are students notified about their scholarship?

Students are notified of their scholarship through the college or university’s standard awarding process.

What does "last-dollar" mean?

Before calculating your award, “last-dollar” programs consider any other sources of gift aid funding that you receive. “Gift aid” is financial aid that does not require repayment, such as scholarships, grants, stipends, third-party payments and tuition waivers. Loans and work study are not sources of gift aid. The goal of this strategy is to utilize available program funds to provide as many eligible students as possible a tuition and fee-free pathway to a college education.

Is the scholarship renewable? If so, for how long?

As a last-dollar scholarship, this award is calculated on a term-by-term basis. If new sources of gift aid are awarded to you, the North Star Promise scholarship will be recalculated.

You must continue to meet the Satisfactory Academic Progress (SAP) standards at your school.

There is no maximum length of time for which you can receive the award. However, for students earning 2-year degrees, you can receive the award for a total of 60 credits. For students earning 4-year degrees, you can receive the award for a total of 120 credits.  The maximum credits for which any student is eligible is a total of 120 credits.

Are students attending private nonprofit colleges eligible?

Students attending private colleges are not currently eligible to receive a North Star Promise grant. That being said, private nonprofit colleges are great options for Minnesota students, and attending one can be more affordable than you think. In fact, 95 percent of first-year students at nonprofit colleges receive grants and scholarships. Many students who have a tuition-free option at a public institution will also have tuition-free options at one or more nonprofit colleges.

Explore how non profit colleges are within reach, including more about the financial aid at specific nonprofit colleges: https://www.mnprivatecolleges.org/student-aid

Can I be eligible for the scholarship, but not receive an award?

Yes. If you meet all of the eligibility requirements, but the total of your other sources of “gift aid” already covers the amount of your tuition and required fees, you will not be awarded a North Star Promise Scholarship. This is because the sum of your other aid has already provided you with enough funds to cover your tuition and required fees charges.

However, if you do not receive a North Star Promise Scholarship because other financial aid already covers your tuition and fees, you will still be considered for the North Star Promise Plus funds. The details on this provision of the program are still being determined.

Is there an age restriction on the North Star Promise Scholarship?

No, there is no age criteria used for eligibility for the program.

More information about dependent and independent students can be found on the North Star Promise Scholarship Frequently Asked Questions webpage.

Are family size or household size considered in the North Star Promise eligibility requirements?

No, family or household size are not considered.

In order to qualify, do I have to be a new, first-time student for 2024-25 school year?

No, the program is open to new and returning students who meet the eligibility criteria.