Technology Fee RU

Item 245 #9h

Language
Page 165, line 13, strike "$56,976,206" and insert "$57,235,090".
Page 165, line 13, strike "$58,024,769" and insert "$58,286,387".
Page 165, after line 46, insert:
"C.  This appropriation authorizes Radford University to charge its students a technology service fee in conformity with §4-2.01c. of this act.  This appropriation  includes $258,884 the first year and $261,619 the second year from nongeneral funds, the unexpended balance of which shall not revert to the general fund in any fiscal year but shall be carried forward on the books of the Department of Accounts and allotted for expenditure each July 1.  The fee charged resident undergraduate students each year shall not exceed one percent of the total of tuition and required fees charged in fiscal year 1998, and the amounts appropriated in this item reflect that policy.  The Department of Planning and Budget shall allot technology fee revenues in excess of the amounts appropriated in this item provided that the revenues are not generated by resident undergraduate students and provided that such revenues reflect a fee that does not exceed three percent of the total of tuition and required fees charged in fiscal year 1998 to nonresident undergraduate students and three percent of the total of tuition and required fees charged in fiscal year 1998 to graduate and professional students."

Explanation
(This amendment provides authority to Radford University to charge students a technology fee not to exceed, for resident undergraduate students, a one percent increase over current tuition and required fee levels. The university may charge a fee not to exceed a three percent increase to nonresident students and graduate and professional students. Companion amendments provide this same authority to the other public institutions of higher education.)