Subdivision 1. Establishment.
A county may establish a scholarship fund from any unencumbered revenue received pursuant to section 93.22, 298.018 , 298.28 , 298.39 , 298.396 , or 298.405 or any law imposing a tax upon severed mineral values. Scholarships must be used at a two-year Minnesota State Colleges and Universities institution, or an accredited skilled trades program, within the county. The county shall establish procedures for applying for and distributing the scholarships.
Subd. 2. Eligibility.
An applicant for a scholarship under this section must be a resident of the county at the time of the applicant's high school graduation. The county may establish additional eligibility criteria.