1998 Session

Budget Amendments - SB30 (Committee Approved)

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Financial Aid for HE

Item 547 #10s

Item 547 #10s

First Year - FY1999 Second Year - FY2000
Central Appropriations
Central Appropriations FY1999 $2,000,000 FY2000 $0 GF

Page 321, line 48, strike "$23,214,200" and insert "$25,214,200".
Page 323, after line 40, insert:
"I.  This appropriation includes $2,000,000 the first year from the general fund for distribution by the State Council of Higher Education to the need-based resident undergraduate financial assistance programs of the public institutions of higher education.   As the funds are allocated, the first priority will be to ensure that each institution is meeting at least 35 percent of unmet need."

(This amendment provides an additional $2.0 million of financial aid in the first year, to be allocated by the State Council of Higher Education.)