180#1s (GMU) GMU Redirect Financial Aid Funding. SB800 - Committee Approved

State Budget

2001 Session

Budget Amendments - SB800 (Committee Approved)

Bill Order » Item 180 #1s

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GMU Redirect Financial Aid Funding

Item 180 #1s

Item 180 #1s	First Year - FY2001	Second Year - FY2002
Education: Higher Education
George Mason University	FY2001 $0	FY2002 ($162,724)	GF

Language
Page 192, line 14, strike "$7,162,001" and insert "$6,999,277".

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 180

Item 180	First Year - FY2001	Second Year - FY2002
Higher Education Student Financial Assistance (10800)	$7,213,147	~~$6,999,277~~ $7,162,001
Scholarships (10810)	FY2001 $6,063,789	FY2002 ~~$5,849,919~~ $6,012,643
Fellowships (10820)	FY2001 $1,149,358	FY2002 $1,149,358
Fund Sources:
General	FY2001 $7,213,147	FY2002 ~~$6,999,277~~ $7,162,001

Authority: Title 23, Chapter 9.1, Code of Virginia.