SAINT PAUL, MINNESOTA – The House Higher Education Finance and Policy Division held a public hearing today to discuss legislation to help Argosy University Twin Cities campus students recover financially from the college’s recent abrupt closure.
Representative Connie Bernardy (DFL-New Brighton), Chair of the Higher Education Finance and Policy Division is the chief author of the bill. The legislation announced today would give the Office of Higher Education the authority to release Argosy students from liability for any Minnesota SELF student loans for the spring 2019 semester, and pay them directly for other state financial aid.
Close to 1,000 students were enrolled at Argosy University Twin Cities when it abruptly shut its doors on March 8, about halfway through the spring semester. In addition to their education being disrupted, students also did not receive grant and loan funds they were depending on to pay living and miscellaneous expenses. The legislation discussed today would give the Minnesota OHE the authority to release Argosy students from liability for any Minnesota SELF student loans for the spring 2019 semester, and pay them directly for other state financial aid. Continue reading “House Higher Education Division Approves Measure to Deliver Financial Relief to Argosy Students”