Student Debt Cancellation Fund is a special project by Students United to eliminate student loan debt created by higher education institutions in Minnesota.
The Student Debt Crisis: Why It Matters
The $1.8 trillion student loan crisis impacts 45 million Americans, with rising debt delaying homeownership for 400,000 young adults and reducing small business formation by 14.4%. State funding for public colleges has dropped nearly 50% since 1980, shifting costs to students. Without reform, mounting debt will continue to weaken consumer spending and economic growth.
Ways to Pay for College
Minnesota Office of Higher Education
Website: Minnesota Office of Higher Education
The Minnesota Office of Higher Education offers resources on financial aid, scholarships, and loan repayment assistance programs specific to Minnesota residents.
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Minnesota Student Loan Repayment Program
Website: Student Loan Repayment Program
This program offers loan forgiveness for individuals working in high-need sectors like healthcare, teaching, and law enforcement in Minnesota.
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FAFSA
Website: FAFSA.gov
The official site to fill out and submit your FAFSA application. It also includes FAQs, guides, and helpful videos.​​
Scholarships
Students United Scholarships
Website: Students United Scholarships
​​All Students United scholarships open on February 1st. The application process closes on April 1st, except for the Nellie Stone Johnson Scholarship, which is due on June 1st.
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North Star Promise
Website: North Star Promise
This program offers free tuition for eligible students at Minnesota State Colleges and Universities (MNSCU), helping reduce the financial burden and student loan debt.​​
Follow Us on Social Media
Stay updated on the latest news, events, and initiatives from the Student Debt Cancellation Fund by following us on our social media platforms! Join the conversation and help us spread awareness.
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Instagram: @studentdebtcancellationfund
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Facebook: Student Debt Cancellation Fund