This program helps students from low and moderate income families pay for educational expenses. Applicants must be Minnesota residents who are graduates of a secondary school or its equivalent or are at least 17 years of age. Applicants must be enrolled as undergraduates for at least three credits and must not have received a baccalaureate degree at the time of application. Applicants must also complete the Free Application for Federal Student Aid (FAFSA) or the MN Dream Act. The maximum award ranges from $7,343 at a public two year college to $11,753 at a private four-year college.