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Postsecondary Education Funding

The Career Education & Alternative Learning (CEAL) program was added in 2020 in response to the addition of alternative learning and training programs and certifications in the state. As of December 31, 2023, two schools have programs which are eligible.

A tremendous shift occurred in the student loan arena with nationwide concern about increasing student loan debt. To assist those considering the pursuit of postsecondary education, the Be Confident campaign was initiated. The goal was to educate students about the amount of student loan debt they should be able to afford to repay if other expenses were kept in line with recommendations.

As of December 31, 2023, the Student Loan Program serves approximately 70,000 borrowers and cosigners and the total loan portfolio is nearly $1.05 billion.

College SAVE, the state’s 529 plan administered by Bank of North Dakota, added a match program: The Kindergarten Kickoff. Children entering kindergarten in North Dakota qualified for a $100 match into a new or existing College SAVE account.

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