166#1s (CNU) CNU Redirect Financial Aid Funds. SB800 - Committee Approved

State Budget

2001 Session

Budget Amendments - SB800 (Committee Approved)

Bill Order » Item 166 #1s

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CNU Redirect Financial Aid Funds

Item 166 #1s

Item 166 #1s	First Year - FY2001	Second Year - FY2002
Education: Higher Education
Christopher Newport University	FY2001 $0	FY2002 ($386,874)	GF

Language
Page 183, line 28, strike "$2,275,571" and insert "$1,888,697".

Explanation
(This amendment redirects funding provided in the budget as introduced for financial aid under a new allocation methodology. A separate amendment provides financial aid funding in the second year to match funding provided in the 2000 Session of the General Assembly for the first year only.)

Item 166

Item 166	First Year - FY2001	Second Year - FY2002
Higher Education Student Financial Assistance (10800)	$1,937,857	~~$1,888,697~~ $2,275,571
Scholarships (10810)	FY2001 $1,937,857	FY2002 ~~$1,888,697~~ $2,275,571
Fund Sources:
General	FY2001 $1,937,857	FY2002 ~~$1,888,697~~ $2,275,571

Authority: Title 23, Chapter 5.3, Code of Virginia.