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What You Need to Know About the North Star Promise Scholarship

07/07/2025

What You Need to Know About the North Star Promise Scholarship

At Pioneer Bank, we believe every student should have the chance to pursue their education without financial barriers—and the new North Star Promise Scholarship Program is a fantastic step in that direction. This transformative initiative from the Minnesota Office of Higher Education provides tuition-free education for eligible Minnesota residents attending public institutions and tribal colleges.

As a "last-dollar" scholarship, it covers the remaining tuition and fees after other financial aid has been applied. To qualify, students must be Minnesota residents with a family Adjusted Gross Income (AGI) under $80,000, as reported on the FAFSA or Minnesota Dream Act Application. The scholarship applies to your first credential—whether that's a certificate, diploma, associate’s degree, or bachelor’s degree—at eligible institutions like all Minnesota State Colleges and Universities, University of Minnesota campuses, and Tribal Colleges.

Students—don’t miss this incredible opportunity! The North Star Promise is a great way to save money on your education starting next year, and we encourage you to take full advantage.

If you or your family have questions about saving for college, financial planning, or navigating student expenses, our team at Pioneer Bank is here to help. We’re proud to support students and families in building a strong financial future.

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