State grant program appropriations modification

This bill modifies how Minnesota's state grant program for higher education is funded and administered, directly affecting students and the Office of Higher Education. It establishes a new annual appropriation from the state's general fund to cover the costs of state grants and updates the rules for awarding grants based on available funds. The legislation also removes existing provisions that allowed the office to adjust family and student responsibility amounts when grant funds were insufficient or surplus. All changes in the bill take effect on July 1, 2026.