235#2s (VMI) VMI Fin Aid Year 2. SB800 - Committee Approved

State Budget

2001 Session

Budget Amendments - SB800 (Committee Approved)

Bill Order » Item 235 #2s

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VMI Fin Aid Year 2

Item 235 #2s

Item 235 #2s	First Year - FY2001	Second Year - FY2002
Education: Higher Education
Virginia Military Institute	FY2001 $0	FY2002 $45,000	GF

Language
Page 232, line 36, strike "$769,851" and insert "$814,851".

Explanation
(This amendment provides an increase for student financial aid in the second year. The budget as adopted last year provided incremental funds in the first year only.)

Item 235

Item 235	First Year - FY2001	Second Year - FY2002
Higher Education Student Financial Assistance (10800)	$763,241	~~$719,851~~ $769,851
Scholarships (10810)	FY2001 $763,241	FY2002 ~~$719,851~~ $769,851
Fund Sources:
General	FY2001 $563,241	FY2002 ~~$519,851~~ $569,851
Higher Education Operating	FY2001 $200,000	FY2002 $200,000

Authority: Title 23, Chapter 10, § 23-105, Code of Virginia.

Out of the amounts for Scholarships and Loans, the Institute shall provide for State Cadetships as provided under § 23-105, Code of Virginia, and for discretionary student aid.