Establishes an education empowerment account program for eligible students in Minnesota.

The bill creates an education empowerment account program for eligible students in Minnesota. Eligible students can use funds in their accounts for tuition, fees, textbooks, and other educational expenses. The program involves annual appropriations, transfers to individual accounts, and oversight by the Department of Education. Funds remaining in a student's account after graduation can be applied to postsecondary tuition. The bill also mandates annual reporting on necessary state aid to fully fund the program.

Establishes an education empowerment account program for eligible students in Minnesota.

The bill creates an education empowerment account program for eligible students in Minnesota. Eligible students can use funds in their accounts for tuition, fees, textbooks, and other educational expenses. The program involves annual appropriations, transfers to individual accounts, and oversight by the Department of Education. Funds remaining in a student's account after graduation can be applied to postsecondary tuition. The bill also mandates annual reporting on necessary state aid to fully fund the program.