St. Paul, MN – State Representative Jerry Newton (DFL-Coon Rapids) is wishing students well as they prepare for the upcoming school year and reminding families about tax credits for school supplies and significant funding increases for their local schools districts. In addition, all-day Kindergarten is available for every child free of charge for the first time in state history, and college students are benefiting from the second year of a tuition freeze at state colleges and universities. Not to be overlooked, the legislature passed a bill that increased school lunch aid to make sure that no student is denied a hot meal at lunchtime. And legislation authored by Representative Newton will provide special financial assistance to school districts to guarantee that all kindergartners, regardless of ability to pay, receive breakfast.
“Minnesota has long been a national leader in the classroom,” said Representative Newton. “My colleagues and I have worked hard to maintain that reputation, and it all begins with adequate funding for our students and their schools. We also passed legislation making all-day, every day Kindergarten a reality for all families, regardless of income. And by freezing college tuition at our public colleges and universities, hopefully we opened the doors of higher education for more graduates.”
Major highlights for the upcoming school year include:
ALL-DAY KINDERGARTEN FOR EVERY CHILD - For the first time in state history, all-day Kindergarten is available for every child free of charge. As a result, families with Kindergarteners enrolled in the Anoka-Hennepin and Spring Lake Park School Districts will save thousands of dollars every year. Moms and dads previously paid around $3,000 in tuition for the full day option.
TAX CREDITS FOR SCHOOL SUPPLIES - Minnesota offers two programs to help moms and dads pay for their children’s education expenses. The K-12 Education Subtraction and the K-12 Education Credit can lower the tax you pay or increase your refund when filing your Minnesota income tax return. You may qualify for the K-12 subtraction, the K-12 credit, or both if you save your receipts.
Common expenses that qualify include school supplies such as pencils, paper and calculators, educational computer hardware and software, extracurricular academic or fine arts classes such as dance, music lessons, art and science, and tutoring for subjects needed for K-12 classes taught by a qualified instruction.
The K-12 subtraction lets you subtract qualifying educational expenses from your taxable income when you file a Minnesota income tax return. You may subtract up to $1,625 in education expenses for each child in grades kindergarten through 6, and $2,500 for each child in grades 7 through 12. There is no income limit to qualify for the education subtraction, and you may qualify regardless of your filing status.
The K-12 credit reduces your state income tax or increases your refund. If you meet certain income requirements, you may claim this credit on your Minnesota income tax return for up to 75 percent of qualifying educational expenses. You may claim this credit and receive a refund even if you don’t owe income tax for the year.
* You can click here to watch an informational video from the Minnesota Department of Revenue.
FUNDING INCREASES FOR LOCAL SCHOOLS – Minnesota schools received significant funding increases for the upcoming school year.
Spring Lake Park School District: More than $3 million in additional funding.
Anoka-Hennepin School District: More than $22.8 million in additional funding.
HOT LUNCHES FOR LOW-INCOME STUDENTS - A report from Mid-Minnesota Legal Aid published earlier this year found that some Minnesota school districts denied hot lunch to low-income students who had insufficient funds in their lunch accounts. In response, the legislature unanimously increased funding for the school lunch program to ensure no child is ever denied a hot lunch due to the inability to pay.
TUITION FREEZE FOR COLLEGE STUDENTS - The legislature froze tuition for two years for Minnesota residents earning an undergraduate degree at the University of Minnesota and the Minnesota State Colleges and Universities (MnSCU) system, including Anoka-Ramsey Community College and Anoka Technical College. Tuition had more than doubled over the previous decade before the tuition freeze went into effect last year. State lawmakers also made the largest investment in state financial aid in over a decade to help more students pay for a post-secondary degree.