BANK OF NORTH DAKOTA

State house appropriations committee asks questions about funding bill for Fargo National Cemetery upgrades

A computer model of the proposed upgrades to Fargo National Cemetery by ICON Architectural GroupBISMARCK, N.D. — North Dakota House Appropriation members got a chance to ask questions regarding a bill to provide funding for upgrades to Fargo National Cemetery. Rep. Austin Schauer (R-West Fargo), and Senator Scott Meyer (R-Grand Forks) were among those who introduced the bill and were…

North Dakota House advances 1 of 3 Education Savings Account bills

Rep. Ben Koppelman, R-West Fargo, speaks on the House floor on Jan. 24, 2025. (Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) – A bill that earmarks state money for tuition at private schools passed the North Dakota House on Thursday, while two other similar bills failed. House Bill 1540, sponsored by Rep. Ben Koppelman, R-West Fargo, would use money…

Study recommends shifting state dollars away from Bank of North Dakota

Josh Kevan, senior consultant for firm RVK Inc., presents a cash management study to lawmakers on the Government Finance Committee on Sept. 17, 2024. A key recommendation of the study was for the state to move its operating money out of the Bank of North Dakota. (Mary Steurer/North Dakota Monitor)(North Dakota Monitor) A cash management study presented to lawmakers Tuesday recommends…

North Dakota Joins Lawsuit Over Biden’s Student Loan Debt Plans

BISMARCK, N.D. (KVRR) — North Dakota has joined a lawsuit challenging the Biden administration’s attempts to cancel student loan debt. The lawsuit is being led by Missouri and also includes Arkansas, Florida, Georgia, Ohio and Oklahoma. They say Biden is violating the separation of powers clause in the U.S. Constitution and the federal Administrative Procedures Act. That dictates Congress should…

Biden’s student loan forgiveness doesn’t go towards Bank of ND loans

BISMARCK, N.D. (KVRR) – Those who received student loans from the Bank of North Dakota aren’t eligible for President Biden’s loan forgiveness plan. It eliminates $10,000 for those who got loans issued by the U.S. Department of Education or $20,000 to people getting pell grants. It applies to those who make $125,000 a year or less or couples who make…

WATCH LIVE: Gov. Burgum Holds Daily COVID-19 Press Briefing

BISMARCK, N.D.–Gov. Doug Burgum is holding his daily press briefing to provide updates on the COVID-19 pandemic in North Dakota. Burgum will be joined by State Health Officer Mylynn Tufte and Bank of North Dakota President and CEO Eric Hardmeyer. The NDDoH reported a total of 251 positive cases, 16 current hospitalizations, 98 people recovered and four deaths. For more…

You Can Defer Student Loans For 6 Months At Bank of North Dakota

The interest rate for variable rate borrowers is also decreasing April 1

BISMARCK, N.D. — Good news for people who have student loans through the Bank of North Dakota. You can defer your payments for six months due to the coronavirus pandemic. “As you know we’re fortunate to be the only state in America that has its own bank,” said Gov. Doug Burgum. “And one of the things that that bank does…