223#1s (VCU/AD) VCU Redirect Financial Aid. SB800 - Committee Approved

State Budget

2001 Session

Budget Amendments - SB800 (Committee Approved)

Bill Order » Item 223 #1s

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VCU Redirect Financial Aid

Item 223 #1s

Item 223 #1s	First Year - FY2001	Second Year - FY2002
Education: Higher Education
Virginia Commonwealth University	FY2001 $0	FY2002 ($1,410,646)	GF

Language
Page 221, line 43, strike "$11,082,486" and insert "$9,671,840".

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 223

Item 223	First Year - FY2001	Second Year - FY2002
Higher Education Student Financial Assistance (10800)	$9,913,690	~~$9,671,840~~ $11,082,486
Scholarships (10810)	FY2001 $8,425,810	FY2002 ~~$8,183,960~~ $9,594,606
Fellowships (10820)	FY2001 $1,487,880	FY2002 $1,487,880
Fund Sources:
General	FY2001 $9,913,690	FY2002 ~~$9,671,840~~ $11,082,486

Authority: Scholarships and Fellowships: Title 23, Chapter 6.1, Code of Virginia.