In-state residency and work requirement for recipients of North Star Promise scholarships imposed, and scholarships limited to students enrolled in programs of study that lead to employment in high-demand industries and occupations.

This bill modifies Minnesota's North Star Promise scholarship program by adding new eligibility requirements and obligations for recipients. It limits scholarships to students pursuing degrees in high-demand Minnesota industries and occupations, which will be reviewed every three years based on employment data. The bill also requires scholarship recipients to live and work in Minnesota for five years after graduation, with provisions for loan conversion if they fail to meet this requirement, along with options for waivers and deferments under specific circumstances.