Article XI, § 8 of the Minnesota Constitution states that "the net interest and dividends arising from the (permanent school) fund shall be distributed to the different school districts of the state in a manner prescribed by law." This means that every public school district in Minnesota annually receives funding from the Permanent School Fund (PSF) based on student enrollment and current size of the fund. This funding is in addition to the general education aid that the state provides to all school districts.
Revenue derived from school trust lands provide resources for educational supplies, designing and modeling school curricula, teacher salaries, extracurricular activities, establishing and maintaining quality facilities, and everything else that makes Minnesota's schools among the top-performing, most rigorous schools in the country. The revenue generated from school trust lands is used exclusively for the benefit of Minnesota's schoolchildren without question, without exception, and in perpetuity.
The Department of Education will distribute a record $37 million during the 2020-21 school year, or $43.53 per student. This is a nearly million dollar increase from 2019-20, reflecting continued growth of the PSF corpus
and prudent investment of the financial assets by the State Board of Investment.
2021 Permanent School Fund Distributions interactive map