188#1s (LC) LC Redirect Financial Aid Funding. SB800 - Committee Approved

State Budget

2001 Session

Budget Amendments - SB800 (Committee Approved)

Bill Order » Item 188 #1s

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LC Redirect Financial Aid Funding

Item 188 #1s

Item 188 #1s	First Year - FY2001	Second Year - FY2002
Education: Higher Education
Longwood College	FY2001 $0	FY2002 ($124,717)	GF

Language
Page 196, line 46, strike "$1,918,943" and insert "$1,794,226".

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 188

Item 188	First Year - FY2001	Second Year - FY2002
Higher Education Student Financial Assistance (10800)	$1,832,016	~~$1,794,226~~ $1,918,943
Scholarships (10810)	FY2001 $1,826,456	FY2002 ~~$1,788,666~~ $1,913,383
Fellowships (10820)	FY2001 $5,560	FY2002 $5,560
Fund Sources:
General	FY2001 $1,832,016	FY2002 ~~$1,794,226~~ $1,918,943

Authority: Title 23, Chapter 15, Code of Virginia.