184#1s (JMU) JMU Redirect Financial Aid Funding. SB800 - Committee Approved

State Budget

2001 Session

Budget Amendments - SB800 (Committee Approved)

Bill Order » Item 184 #1s

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JMU Redirect Financial Aid Funding

Item 184 #1s

Item 184 #1s	First Year - FY2001	Second Year - FY2002
Education: Higher Education
James Madison University	FY2001 $0	FY2002 ($485,657)	GF

Language
Page 194, line 8, strike "$4,466,738" and insert "$3,981,081".

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 184

Item 184	First Year - FY2001	Second Year - FY2002
Higher Education Student Financial Assistance (10800)	$4,133,341	~~$3,981,081~~ $4,466,738
Scholarships (10810)	FY2001 $3,743,119	FY2002 ~~$3,590,859~~ $4,076,516
Fellowships (10820)	FY2001 $390,222	FY2002 $390,222
Fund Sources:
General	FY2001 $4,133,341	FY2002 ~~$3,981,081~~ $4,466,738

Authority: Title 23, Chapter 12.1, Code of Virginia.